lots of funds in the stock explains the crossings. RIV was shorted recently at around $3 and it ran away. The drop in the price seems to me that the short is trying to bring it back down. The selling was harsh on small volume and thats a classic sign to watch for them try and manipulate it down. FMG and a few other mining stocks have run well and sold off. Some of the coconuts will be selling out of miners and swinging into banks. Probably too late to do that imo, but you can see where the action is. I expect lots of news from riv. Mining license, Bankable,drill results etc. It should be a lot higher this year. dyor.
RIV Price at posting:
$3.39 Sentiment: Buy Disclosure: Held
