Guys - With every stock forum on HotCopper I read the same tired old story about price manipulation, undervalued SP, cappers, accumulators, bots et al.
The underlying issue is that investors are an extremely impatient creature and want returns immediately. They fear the possibility of their investment going backwards and carry on like a kid in a candy store when the SP doesn't continually move forward. Like most things in society today, we want what we want now and usually get it (albeit at a cost).
The psychology of a successful investor is determined by the strength of ones conviction along with balls of steel and the ability to take emotion out of a decision.
RES is a long term play that has huge potential. At present the risks are being eliminated in order of succession and we can't ask for much more than that.
RES Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held
