RMG 0.00% 0.7¢ rmg limited

going to continue?, page-2

  1. 61 Posts.
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    In the long term it will continue upwards but the low volumes indicate (to me) that it is opportunistic buying with a view of getting a long term hold early. Todays upwards movements were a choice of buy RMG or take the family out for a meal, both cost around the same.

    My advice (and take it with a pinch of salt) is enjoy the fun of a rapid rise and equally don't cut your wrists when we get a rapid fall. At the moment it is just play money being spent but if you are in now then be patient and wait for the real money to start bouncing around over the next 12 months.

    I've waited a year to hit todays price but expect to be down again significantly by Friday as that is the nature of the smaller specs. Be patient, put this one in the bottom drawer and come back in a couple of years and be pleasantly suprised.
 
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