Looks like ROY is oversold... why are people selling? Market FEAR... nothing to do with ROY. Hello, they are worth more than that.
Looks to me like liquidity issues have it ROY holders, hence the big sell... That is understandable but what isn't understandable is why so many sheep are following... very silly. Buy now people, this is a short term drop in SP and I feel that when a good announcement comes those who think 24.5 cents is a fair value will be only those who have not already bought into ROY.
Talk about throwing the baby out with the bath water.... silly bugggers
MFE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held