All the sellers today were picked up by buyers all the way down to 7.5 . All the buyers today will eventually sell. From 7.5 cents to 10 cents what kind of profit can you potentially make percentage wise? Think about it. How many shares actually sold today at 7.5 ? Plenty at 7.6 , 7.7 , 78 , all the way to 10 cents. So why didn't it fall to 1 cent today? And what would have happened if there wasn't a pause in trading? How many traders got caught out today? Did the institution that hit the stop losses go too far and put rincon management in a pickle? They stopped it from falling 30% which triggers ASX investigation, what's management thinking today about its amateur investors putting pressure on their team? Lots of things to consider.
RCR Price at posting:
7.7¢ Sentiment: Hold Disclosure: Held
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