Thanks for your observations - I'd like to go over your points if you bear with me.
1. Its not unusual to see a majority of bullish posts when price goes up, and bearish ones when it falls. Such is human nature; we like to have reasons to justify why price is moving the way it is.
2. I hold no stock (although that may change, subject to various conditions) but I'd like to think my posts have been constructive; they have kept you out of RNT while the SP has fallen 35%.
3. The market does what it does. None of us are big enough to really have an influence over it for any length of time. Maybe the stock just ran too hard?
4. Can you really be sure you know what the market thinks? I'd imagine you'd have to take a survey off all the players in it to find that out....
5. The share price is low relative to what? Certainly to the price in November, but what about September?
BHP is down 5% today - it that low too, or is it going lower? What about SGH?
6. There is no straightforward answer to this; it depends on your method, risk tolerance, portfolio diversification, financial wherewithal, time-frame etc, etc..
7. I agree there are plenty of people watching RNT - it is an exciting stock.
Finally all the best to you - my comments are intended to be constructive & provoke discussion!
Cheers
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2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.35M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.2¢ | $8.907K | 390.4K |
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No. | Vol. | Price($) |
---|---|---|
2 | 262647 | 2.3¢ |
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Price($) | Vol. | No. |
---|---|---|
2.4¢ | 173262 | 3 |
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3 | 327598 | 0.017 |
3 | 139228 | 0.016 |
9 | 948115 | 0.015 |
3 | 445000 | 0.014 |
3 | 191615 | 0.013 |
Price($) | Vol. | No. |
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0.018 | 345544 | 1 |
0.019 | 168070 | 4 |
0.020 | 2702 | 1 |
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0.022 | 18333 | 1 |
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