Rameez know where u are coming from.But if u think there is logic in the market then u are kidding yourself.Tell me is RFE a worse company today than they were 6 months ago.Is a company that announces a reserves upgrade and SP goes down worse off then the day before.Look at the market as a whole and tell me if there is logic.I could name many many examples where a companies sp has gone down on positive news.U u think i'm ramping this stock then have a look at my portfolio and u will see that i bag companies that i'm invested with.I always call it as i see it.EG.Dubai bank crisis is announced on a friday a couple of weeks ago and the market drops 3%.On the monday after the weekend it goes back up 3%.So that was the difference.Absolutely nothing.There is some feeble people in this stock imo.
RFE Price at posting:
83.0¢ Sentiment: Buy Disclosure: Held