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Wanganella

15,271 Posts.

27

16/12/15

17:08

Post #: 16628896
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Originally posted by Graham_1954 ↑

As I sold a parcel of oppies today I thought a sentiment change was required, I still hold 66% of oppies and all my heads. I rode RYG to the bottom once before and won't do it again. If we get into the high 2's I may sell some heads then.
The only thing that can halt the slide is volume and I can only think of 2 places that will come from. A few serious new investors from the roadshows or traders coming back in.
I would love to see a well known name come up as a "substantial investor" that would be a powerful signal.
I think that what the market is waiting for a stampede for the exits but what do I know.
I still believe in the business but I also believe in my money, it's getting tough.

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Thanks for your reply Graham. It is getting tough you are right. I am selling up if this keeps going on.

RYG Price at posting: 3.4¢ Sentiment: Hold Disclosure: Held
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