RRS range resources limited

Depending on your point of view, RRS like any other stock will...

  1. 490 Posts.
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    Depending on your point of view, RRS like any other stock will be 'food' for the contrarian 'smart' investor. Historically speaking, the time to buy is when everyone is clearing out!
    The trouble is, knowing when the markets are about to turn up!
    'A fool and his money are soon parted'
    Yet many a fool has had the good fortune to 'time it' perfectly.....not easy. BUT, i would hazzard a guess that RRS will be shining soon...the decision is yours. I'm holding on to my 'tickets'...and may God be with me(and you of course)!

    1929 and all that fuss.....
    Funny how pi's have short memories. History shows that after every stock market crash, there follows a period of recession followed by a period of stability, followed by growth, followed by a bull market. It always happens. In times of dire circumstances of wars, pestilence and natural disasters there will always be a way of making your money grow.
    http://news.bbc.co.uk/1/hi/2131739.stm

    Recessionitis, that horrible disease that afflicts everyone on earth except the extremely ignorant or the very poor. The famous soup kitchens, of post 1929 partly financed by Al Capone kept the 'down and outs' from turning on their own Govt...but the jobless queues continued. With so much to be done by mankind, always during a recession the jobless queues continues. Mistakes by the financial elite, the expenses of war, the continued greed of rich ? Probably, but more likely, probably not.
    http://andrewgavinmarshall.files.wordpress.com/2011/07/25648.jpg

    'The- Money-Go-Round'
    No one ever learns. No one really wants to know. Short memories...or in denial? Why does the world always appear to run through cyclical financial crises of 10 -15yrs? The answer may be that, borrowings plus interest and financial dealings, continues to make a lot of people an awful lot of money UNTIL the money runs out. MANY lose on their transactions. Bank loans and overdrafts causes even more losses, mortgages cripples us all. We are the losers, giving all our losses to the wealthy rich institutions that in turn pay highly to the governments in taxes that then pay out billions in foreign aid, wars and defence and welfare. Paying out far exceeds paying in, so eventually the Governments MUST run out of equilibrium. At some point in time the 'kitty' empties, while the rest of us try miserably to hang on to our cash. Investors always come back for more, to feed their greed from 'the pot' of gold, many succeed at the expense of the losers.
    THAT IS THE MONEY-GO-ROUND. Every one 'exists' on someone else's demise. Trouble is....the poor feeding the rich, IS THE WRONG WAY ROUND.....sooner or later the 'box of money' runs out.....recessionitis! Quantitative easing solves the problem in the short term, till the whole cycle of 'bears' and 'bulls' repeats itself again.

    In the meantime, our memories are again in limbo as the many swear never to be 'bitten' again. While the 'smart', the 'contrarian'...sees an opportunity to start the ball rolling all over again. Snapping up bargains galore, while many are so 'skint' now, they just can't join 'the gravy train'.
    When will they ever learn? History has shown time and again that what goes DOWN always Goes back UP, providing the fundamentals are intact. As the contrarian investor always managed to prove historically.

    This man went to war to fight Hitler, when he returned he was RICH !
    http://www.investopedia.com/university/greatest/johntempleton.asp

    Don't be one of the losers?
    And remember...BUY LOW, SELL HIGH.
    ....A loss is not a loss, until you have SOLD !

    The first rule of investing......don't lose money !

    The second rule.....don't forget the first rule....(WB)
 
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