RRS range resources limited

I had bought in at 4.9p when they were tipped by Red Hot Penny...

  1. 490 Posts.
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    I had bought in at 4.9p when they were tipped by Red Hot Penny Shares, then again at 6p, 10p 12p and 15p. Top-sliced at 21.5p to buy in another mining stock(which almost tripled).Then,I sold the mining stock and doubled my holdings in RRS, BUT, I paid my highest price yet at 16p! So I think I am invested in RRS, enough to pay off my mortgage if it hits 55p including Capital Gains Tax, if I sold the lot at around 50p-55p. I have a few other investments that I won't hold for too long, should they give me enough percentage as I like to trade at least twice a week....BUT,I don't want to trade off RRS.
    At this moment in time, I see no reason to offload any RRS, BUT, if they went to 45p+ I will be tempted, depending on the situation when/if we get there. IF the fundamentals have changed for the better...then possible I will hang on for longer.
    They say 'go away in May' and 'if in doubt,stay out'
    But,I'll hang on, as I feel a change coming soon...imo
    My sentiment opinion is now HOLD (buy if you are looking for more, on any further retrace)
 
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