RHK 0.00% 78.0¢ red hawk mining limited

whats your exit point, page-31

  1. 12,719 Posts.
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    Never posted on FDL/FMS but I have my theory that fms is overvalued but it won't go down because too many people paid real money for it all.
    With most stocks that rise its only a small percentage that actually pay for it physically but when billions of shares changed hands on its first run to 15 cents it became a different scenario.
    It should be 4to5 cents with no drill results and in similar shape to HAW(market cap $40million).
    For most stocks a rise of 1cent increments would only be about $100000 but when fms went to 10cents there would have been about $50million change hands.
    Its hard to take a loss but if you only paid 2cents for it,you can still take a 6 to 700% profit but how many of these are left on the fms registar.
    Just an opinion as I've traded on it before and it runs on sentiment rather than logic sometimes.
 
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78.0¢
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Mkt cap ! $155.8M
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No. Vol. Price($)
1 1300 80.0¢
 

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