RRS range resources limited

john paul jones... jack rabbit junior

  1. 4,581 Posts.
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    I want to make a shout out to the RRS Thread...
    I apoligise for attacking the RRS thread and standing up for myself after many at this thread pack attacked me, when it was 1 vs 100... and only the shrewd has an opinion heavily against this company...

    I will no longer get into arguments for the sake of defending myself... you lot can say what you want about me...
    I have had a few posts support and thanks to those people... mattyroo is a legend around these places... and im lucky to have some great contacts who laugh at these stocks regardless if they turn right in the end, on a lucky small chance double 6's roll of two dice...
    ....
    I feel like ive made a pretty good call on this stock, and ive already won even if I get slightly unlucky and the SP of RRS moves up to $1.3... I can name another oil stock which is multiple time better than RRS for a similar market cap...
    I just poped in to say whats up, and I see things are rolling along here, and its the same as it was last week... (the SP is, aswell)....
    I watched the survey here on what posters thought about RRSO being exercised 'in the money'... and there was no real conviction or confidence amongst posters that SP would even get to $1 by late October when exercisable choice comes close...
    This would be a 15% return by late october if SP did hit $1, and posters here dont sound overly confident of that.....(15% return, going off SP of that earlier today)...I havnot seen SP at close so will be checking that out shortly...
    ....
    in that same time im fairly confident that NWE will rise 30-50%....
    ....
    for me to even consider holding this stock Id have an expecting return of 100% per year for the risk Id be taking on... and I would not get that... and the fact that other companys are on the doorsteps of imminent production and big target drilling, or what not...
    and this stock has nothing solid...
    This stock is deceptive, it does not do what other oil stocks do for similar market caps which is to drill, develop, produce.... this stock is good for a story....
    ive heard it all before and the recent posting on somalia agenda takes the cake, along with other pointless articles...
    If RRS announce its drilling program and RRS's SP rises 25% as another poster here suggested, then I will never post on this thread again, I promise... if it has happened before then it is rare, and stocks like AKK which were used as an example were probably 5 times or more smaller in market cap....
    I trust that many of you are keeping an eye on "serious oil play" thread... where one of you lot, got ejected after starting a second thread on the stock, when one was certainly more than enough....
    catch you lot around...
    peace out, will check up in a few weeks time...
 
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