RRS is the type of stock that requires a certain degree of thought to be able to put it into the right frame of thought. Putting it into the right frame of thought will help to make a good judgement about when to exit. Could it be $1, $2, $5 , $7, or $10 that will be the optimal price for taking profits? To do that accurately, we need to be in the right frame of thought. Hearing the wrong messages, and not being up to date about RRS developments can play serious mental tricks. Poor judgements can occur due to poor assessment, poor knowledge base and poor thinking styles. The human brain is very delicate. RRS is clearly riding a new wave. It's not entirely the directors to blame for their past sins. Politics in many dimensions are also to blame. But the RRS development is not about blaming who and what for the collapse of the share price. RRS is history in the making for a stock, once known to be one of the worst performing stocks on the ASX, to perhaps being one of the best. As Rupe outlined previously, RRS still has many hurdles to cross. Although many of his statements have little credibility, he does make good points about further potential risks.
RRS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
