Hi Everyone, perhaps what has been happening with our precious RCP Shares this last week is the 'firing off ' of 'Stop Loss Orders' around around the 2.1 and 2.2 cent mark. You see, I'm led to understand that some A.S.X. 'Brokers have the ability to check out 'Stop Loss Orders' and this could lead to some of them using perhaps 'dummy' selling orders to push a Share price down like RCP, have the 'Stop Losses' 'Fired' and subsquently obtain the shares without having to chase them during an improving price cycle. In a way, I suppose if the preceding is the case, that this would be termed Inside Knowledge of A.S.X. and really, it it should be 'Stamped Out'. PERHAPS, Some Traders etc. who would have collected RCP in the .008 to 1.8 Cent price band in Placements and on the Market may have submitted 'Stop Loss Orders' (or if You wish to name them Take Profit Orders)at that 2.1 and 2.2 Cent mark.
No responsibility taken for any losses in association with this Posting.
Regards,
moly
RCP Price at posting:
21.0¢ Sentiment: ST Buy Disclosure: Held
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