Let's see how the current global financial crises affects the strategies of lenders. Typically and overreaction by all financial institutions takes place, ie; eliminate all speculative positions! The last meltdown saw risky explorers end up without backing, and left them with no-where to go.
It's my belief that Range's backers could up and walk out the door!
Those who "experienced" '87 will understand where I'm coming from ...... No stock is immune!
The first casualties are the cashless risky stocks.
I think Range may go to the wall actually. We're in for 5 years of upheaval. Yup, markets recover, but it did take 7 years to recover form the last bout!!!! Can Range last that long?
RRS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held