RIV 0.00% $16.20 riversdale mining limited

Looks like RIV should fly on Monday imo, check out news in...

  1. 199 Posts.
    Looks like RIV should fly on Monday imo, check out news in Bloomberg:

    ‘Worst Is Over’

    Stocks erased their losses as energy companies rebounded from their lows, and Bernanke’s comments pushed the S&P 500 to its intraday peak. He told the House Financial Services Committee that the Fed’s emergency lending programs are diminishing in size.

    Bernanke is saying that “the worst is over,” said Bartley Barnett, head of equity trading at Morgan Keegan & Co. in Memphis, Tennessee. “Everyone is in awe that the market is continuing to stay above 9,000. It shows the power of the money that’s on the sidelines.”

    Investors are pouring money into shares on speculation the fastest rally since the Great Depression will reverse losses from last year, when the S&P 500 fell 38 percent. U.S. mutual funds received $1.5 billion of net inflows this week, the second-highest amount since February 2008, according to AMG Data Services in Arcata, California. The S&P 500 has surged 45 percent since March 9.

    Crude oil for September delivery added 1.3 percent to $68.05 in New York after falling 1 percent. Natural gas futures expiring next month climbed 4.1 percent to $3.695 per million British thermal units

 
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