RIV 0.00% $16.20 riversdale mining limited

this is outside my expectations to be sold off down here on that...

  1. 5,609 Posts.
    this is outside my expectations to be sold off down here on that news. the stock has been a lot higher with cheaper coal price and half the resource. one can speculate that some funds are mucking around with the price here. sometimes its normal to sell on the news, but this is a little silly. The overall market is weak again. Things are just coming off this recent run up as profit taking takes place as well. the cheaper the stock becomes the more of a target it becomes. the company will take this to production. it moves around a lot more than most coal stocks which indicates the players are trading the stock about a lot. dyor.
 
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