breaking out, page-23

Thanks for the welcome Lefevre, to me its a no brainer, hold gold and energy stocks only, was going to buy some SBM when they were trading around $1.35, but had my cash tied up else where.
Costly opportunity squandered, so wasn't going to make the same mistake twice with RDR.

How I am reading the situation is we have an insto selling down rdr pushing the price below its equilibrium, which is creating opportunity for the brave.

I play these situation all the time, made some excellent money on PRG which got sold down to $1.30, on the back of insto's dumping on a lightly traded stock.

As long as the balance sheets are strong combined with a good growth forecast, and excellent cash position, which RDR have at present.

So good luck to all holder's getting set, and lets sit back and enjoy the ride.

Just my thoughts,