RIV riversdale mining limited
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riv sell, page-8

  1. earlyrise
    989 Posts.
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    29/12/10
    22:53
    Post #: 7667902
    Sell RIV? At the right price of course, but not at $17. RIO is my stop loss. With the right counter party this share may go to $20+. The large XT trades today indicate someone substantial is buying and will be outed soon. No-one buys 1,000,000 shares @ $17 with RIO's $16 offer on the table unless they are are a potential bidder themselves or strengthening their position ahead of a counter offer. My guess is the indian's were buying today.
    RIV Price at posting: $17.00 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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