Yours are probably some of the best RRS posts I have read in a long time. RRS Noobs please take note, Nice work.
Stevenjd, how old are you? you sound exactly like I did 2 or 3 years ago, when I was a lot more naive and my RRS stake was worth a lot more lol (look up my old posts if you don't believe me). I know (and have had in the past) the mentality you are currently in, so I realise that no-one will be able to convince Range's new #1 fan otherwise. This is a lesson you can only learn from experience, like I did. Its an expensive lesson.
I still hold, and in my opinion, the latest weakness in the SP is a combination UBS selling and a few lemmings being spooked by the exit of some vocal ex-holders. I am going to hang on to the heads for a few years and hope for the best, I think it might end up okay, but not in the time frames people expect. Wouldnt touch the 2010 oppies. Heads look to be a bargain though (to be tucked away in the bottom drawer).
Best of luck to all holders, Although I have come down to earth a bit after this experience, I still am quite optimistic, after all... how much worse could it get from here...?
RRS Price at posting:
0.0¢ Sentiment: None Disclosure: Held
