paddie5 I think with the greatest respect you should have included the whole of his sentence "Raks, let me say "looking at technicals" is a waste of time with a stock like RMG, maybe some time in the future but certainly not now."
i doubt that deansy was saying in general terms that technical analysis is a waste of time, I suspect he was being stock & time specific and I agree with him regarding RMG. Charting, technical analysis etc will tell you it's a basket case however, I think there is a small bunch of people out there who are connected either to management & or major holders who know an lot more than perhaps you, me & Raks know. I also suspect they network off HC and share a lot of their info/tips/gut feel/conversations with management & major holders between themselves.
I don't think for a second that deansy, colonel, waynecat ace & a few others are mindless rampers, I suspect they probably know more than they are letting on if anything. I'm happy to follow along in their slip stream until proven wrong.
RMG Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held