RIV 0.00% $16.20 riversdale mining limited

fallingKI bid for another 20k shares in the match after buying...

  1. 5,609 Posts.
    fallingK
    I bid for another 20k shares in the match after buying 30k during the arvo. Will be back for a lot more on weakness since it looks a tad oversold short term even though $5.30 could happen any tick. I tend to keep buying on the key points on the way down and more when they turn. This allows a nice average play for when it runs. we all know what happens when it runs. I think riv has one of these technical funds playing around..why else would u sell it down here when other coal stocks are up on the day? He will be the same guy buy it all back when it turns. Only about 100k shares short according to the asx listings. I would not be surprised to see one of the major shareholders top up soon imo. The stock coming off over $1 in a week might be all it takes and time will tell on that front.good luck. dyor.
 
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