RPM 0.00% 6.8¢ rpm automotive group limited

Ann: Trading Halt, page-58

  1. 2,352 Posts.
    lightbulb Created with Sketch. 1310
    Totally bizarre discussion which this post summed it all up, and answered my question - is this "company oversold" , but solid and investable?
    Nope, it's another example of profitless prosperity, an investment mirage - a child's view of RPM's chart shows its "flat lining".
    A basic trading strategy would see a "stop loss" at 30c, then 20c, and for those brave soul still SH's, 10c .... now, "investors" are bottom feeders.
    Good luck with that - this is NOT a tech stock, does NOT appear to have significant advantages in a fiercely contested market, hence doesn't have a moat, and has lots of debt .... so why be here ???
    My sentiment (if it was an available choice) would be "AVOID".
    https://hotcopper.com.au/data/attachments/6110/6110352-566a8835bbe26cf1c772599e84746c46.jpg



 
watchlist Created with Sketch. Add RPM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.