RFG 3.08% 6.7¢ retail food group limited

Falling knife in a Bull market

  1. 207 Posts.
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    This is now Extreme dire situation....Will RFG survive...If Delloites audit finds more issues in their balance sheets....this falling knife will intensify .....How low??? and how fast???.............many similarities to another fallen angel Slater and Gordon...they got to 4 cents....A falling knife in a strong bull is a bad signal, b/c short sellers will pounce on any vulnarable stock b/c there are limited opportunities to short stocks....
    RFG is a sitting duck!! especially with so much uncertainty.....
 
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