RED 0.00% 34.5¢ red 5 limited

Strongly believe SLR, GMD or some other fantom is accumulating...

  1. 616 Posts.
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    Strongly believe SLR, GMD or some other fantom is accumulating Red5 shares. If the rumours are correct and SLR average purchase price was 26 cents. SLR will not want Red5 shares to go any lower and if so will have instructed it’s brokers to keep buying and buy on any weakness. Last thing they want is any further weakness on there own shares which are already on a multi year lows.
    Any overnight GOLD weakness is just another buying opportunity.
    It’s going to be interesting to see what breaks first.
    I was over in Dallas and Chicago middle of this year and was totally surprised how many 20-30 story commercial building were completely vacant. Smashed glass on windows on most level. I counted over 10 different building on my trip. The banks over there must be bleeding. And I wonder how long will it be before we see a string of banks fold.
 
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