RNO 0.00% 4.0¢ rhinomed limited

I get the same scuttlebutt as you. This industry prides itself...

  1. 126 Posts.
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    I get the same scuttlebutt as you. This industry prides itself in knowing what others are doing and the rumours are consistent that preliminary results are very encouraging. It picks up the virus and doesn't stab patients uncomfortably.

    Profit taking after 100% increase should be separated from the consideration of product efficacy. My view is anyone smart enough to cash in on a 100% profit in a week is smarter than me.

    Knowing results are encouraging the drop in SP provides opportunity to buy more after an expected down adjustment that accts for it. My bet is the big money that sold out and reduced the price has already lined up to buy back in.

    PS: my posts elsewhere establish I am not an up-ramper but am a loser on speculators. DYOR
 
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