I note today it seems the supply upto the 6.5c mark may have been exhausted.. interesting. Lowish volumes moving the price very strongly to the upside. That’s a clear sign it’s pretty tightly held at these levels and not many people willing to sell. Those that are, are immediately being met with new buying - to me that’s the definition of a bullish signal. 13th, your predictions have been pretty spot on- well don’t 13th (Benedict the 13th I assume?).
well thanks for adding your perspective.
@daimo it does seem coincidental that since Eddie Sugar has come on board we have a distinct switch in sentiment, price moves and consistent volume trading each day and more buying on screen and more buying period…
You may be right - after all he is a very well connected market animal - decades of evidence support this - just google him.
I can’t wait to see why he has chosen RSH ans what he has Instore to add value here. I’m actually quietly optimistic - especially given he usually gets involved in stocks that are a multiple of the market cap than what RSH is here at $45m.. food for thought!?
I’m sure he will be issued incentive options too because all his other engagements with companies all have performance options attached - that’s how he make his money… helping a company go from strength to stength fundamentally buy making things happen. Well I for one at strapped in and eagerly watching from the sidelines.
Ps. Lots of selling bids were pulled today I noticed.. maybe sellers are having second thoughts? When that one seller gets taken out at 7c I predict it could run..?
