RMX 0.00% 0.1¢ red mountain mining limited

Ann: Red Mountain to proceed with earn-in to Mokabe-Kasari, page-408

  1. 1,076 Posts.
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    I reckon it won't push past 2 cents TBH. There are too many bloody crappy day traders that sell hard when this even remotely gets high and make a resistence lvl so thick that even punters don't dare give it a chance to rise.

    My advice to people holding. If a penny stock is exceeding its price faster than you expected AMEND YOUR SELL ORDER TO A HIGHER LEVEL. DON"T THICKEN ONE SPOT IT SCARES THE BUYERS.

    I see it again and again on penny's. The point here is to get volatility, if there none, there no point risking.

    Don't compact a spot, let some other smuck take the fall for a high rising stock and use their "win" to your advantage. All IMHO.
 
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