RHK 1.14% 87.0¢ red hawk mining limited

Goon, Yeah pumping and dumping seems to occur on most threads....

  1. 1,377 Posts.
    Goon, Yeah pumping and dumping seems to occur on most threads. Tough on individual retail investors. All specs seem to move on sentiment and negativity can cause a rout very quickly. The issue with FMS is the options which is causing a lot of aggravation. Many were attracted to the options through the actions of the chairman of the company who sold a $million+ of heads a short time ago to buy options. The funny thing is that he did that when the options were between 10 and 13 cents so based on the current option price he faces a loss exceeding $1mill particularly if they are out of the money on exercise date. All very strange to me. If the chairman of the Board cant work things out what chance have we got.

    We should know how it all pans out in a matter of days. I dont quite know why but something tells me to expect the unexpected.

    Cheers
    Sav
 
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