Ghost1
read my post again - I didn't pass the buck, I gave my views, despite the fact that the thread heading was erroneously addressed to me.
I don't expect an apology from u, but would be pleasantly surprised if just for once u admitted that u were wrong.
My opinion on why RRS couldn't maintain the bounce it initially had when trading commenced today, is due to a number of reasons:
i) obviously no buying support - (the big players are already set + no promotion)
ii) a determined autobot at play
With funds holding assets that were valued at >$20bn (pre-crash, not sure of the value now?!) still in the top 20, directors paying $1m recently for their stock, and drilling on 1bn barrel targets soon, I'm not spooked by the current share price Ghost1.
cheers
Marny
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