James, something for you and other traders to consider which is very important in this type of play is the power of expectation. The gains on the other stocks you used to compare RTL had little to no expectation built into the price (low vol and generally sideways trending before the announcements). It seems every man and his dog is expecting an acquisition for RTL and that is reflected in the high vol uptrending sp action in recent times. Isiders have been getting set conservatively speaking from 1c. At 2.8c thats already a 180% gain to build into comparisons.
Expectation and sell the fact occurrences generally go hand in hand, but not always.
Not saying its a bad stock just a friendly heads up for you to consider all angles. As you know Chartwise it is looking good so far.
Good luck to holders.
James, something for you and other traders to consider which is...
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)