RUM 8.70% 2.5¢ rum jungle resources ltd

If you are buying this at .03c.....technically you buying a...

  1. 6,299 Posts.
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    If you are buying this at .03c.....technically you buying a falling knife. This has been transformed into a penny dreadful, high risk share. The price is way down on my entry price......I've made this mistake too many times before........something smells & the rot keeps getting steadily more putrid. The chart is abysmal......even with seemingly positive announcements, the SP has steadily moved downwards. Either this is being manipulated by a bigger player or it's doomed ! Not sure if I'd be in any hurry to average down but each to their own !
 
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Currently unlisted public company.

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