RLT

2.31%

88.5¢ renergen limited

RLT CHART, page-730

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SpiderMonkeyZ

4,142 Posts.

958

12/09/21

09:57

Post #: 55999486
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Originally posted by Launched: ↑

I don't think that proves much at all.

It's possible to be long and short at the same time.

I'm still holding my long position in RLT and don't plan on selling till I see the whole story play out - and if the story becomes so good (RLT pays dividends) then perhaps I won't sell at all.

However I put a pretty hefty short on the XJO on close Wednesday. If I'm honest got out way too early on Thursday cause that thing dumped all day with barely a bounce in sight.

Luckily I rolled that into a short on the SPX which I'm still holding now and was very happy to see that sell off after record PPI numbers.

I don't like market fundamentals overall here in Oz or in the US and a pullback is well overdue - it must be close as we've just seen two members of the Fed sell their equities for 'ethical' reasons. lmfao
I'd say more like 'valuation' reasons but was a good way to try and cover this up...

The fact that markets are overcooked doesn't take away from the value or potential Renergen has. Helium is on the critical elements list for the US and Renergen has some of the best grades on the planet.

So the demand for overbought US equities may start to waver soon however the demand for a premium resource like Renergen's will start to shine through soon enough.

Hence why it's possible to be bullish and bearish at the same time.

Lockdown is pretty negative and bloody boring so I think everyone has way too much time on their hands to rant atm. There's plenty of garbage on hc at times but I welcome anyone with different views even if they come in the form of a decent rant every so often. God knows I do, lol.

Hopefully in the not too distant future both lockdown and RLT having a single figure is sp is just a memory...

GLTAH and enjoy the weekend while it's here; you know I will!

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@Launched

I did see that Fed member Kaplan in the media a few days ago highlighted for buying shares. Makes life easier to buy shares if you have insights into monetary policy I guess. Anyway wonder if the Fed guys are selling only as their share trading was highlighted in the media or more to it.

RLT Price at posting: $1.95 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 88.5¢		Change 0.020(2.31%)		Mkt cap ! $26.83M

Open	High	Low	Value	Volume
86.5¢	90.0¢	86.5¢	$8.796K	9.837K

Buyers (Bids)

No.	Vol.	Price($)
1	500	88.0¢

Sellers (Offers)

Price($)	Vol.	No.
92.5¢	2000	1

View Market Depth

No.	Vol.	Price($)
1	500	0.880
1	9370	0.875
1	10000	0.865
1	25000	0.860
1	5952	0.840

Price($)	Vol.	No.
0.925	2000	1
0.990	1578	1
1.000	998	2
1.030	6000	1
1.050	42490	2

Last trade - 14.39pm 11/10/2024 (20 minute delay)

RLT (ASX) Chart

RLT CHART, page-730

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RLT CHART, page-730

Top Stories

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Featured News

Buyers (Bids)

Sellers (Offers)

Featured News