RED 2.44% 42.0¢ red 5 limited

Hey Marlboro,Something to consider Marlboro, CJ et al only talks...

  1. 1,873 Posts.
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    Hey Marlboro,

    Something to consider Marlboro, CJ et al only talks to down ramp the price of RED. Most of us here don't buy into his cynicism or respond.

    If they suddenly change their position it simply means they have their "fill" for the trade and will then either upramp or go quiet.

    What he doesn't get is that he thinks he is a market maker when we are just kin of pawns in the scheme of things. Once we accept that, trading become more profitable.

    Look to the play between the POG and US$ to get a much better picture. While we are a large producer, we don't control the POG in any way. The big boys do that - US, China, Russia, now Japan is getting back into the game and other countries. RED is (IMO) undervalued significantly - simple maths on your part should be your research to make and develop your own opinions.







 
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41.5¢ 42.5¢ 41.5¢ $7.599M 18.12M

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No. Vol. Price($)
17 554744 41.5¢
 

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Price($) Vol. No.
42.0¢ 402000 9
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