AQG is loaded with debt and they haven't completed commisioning....

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eshmun

11,185 Posts.

2609

07/02/19

23:31

Post #: 37370387
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Originally posted by SoConfused ↑

Bad sentiment at the moment. Some of the bulls lost a ball or two and the bears are louder haha

As I said I reduced my holdings simply because I've lost one ball too and I put some money into AQG as it started ripping up, some into WGX and some cash aside to possibly buy RSG back if I get my ball back! It paid off for now but the jury is still out on that move.

It seems RSG behaves in a similar way as some of the other stocks that completed project and are ramping up. Have a look at AQG for example. I was a holder and I got frustrated same way like here with the stock going up and down. I studied them and I've read everything from bad bad Turkey, their plant will fail, they will have ramping up issues, blah blah blah ... So finally all that got to me and I sold out just to buy back at higher prices.

Have a look at the AQG how it traded for the past three years and how it went down just before the big run up.

SAR also got sold down just before the big move up.

Frankly looks to me like there is a lot of manipulation going in the markets.

Now, I am not suggesting for a second that RSG is dropping as it is about to see a run up. I have absolutely no idea what will happen next. This is why I took some off the table to hedge myself either way. Fingers crossed for all the long term holders including myself that RSG delivers the goods.

Now remember, I am the confused one.

This is only in my opinion, not offered or to be taken as financial advice, DYOR

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AQG is loaded with debt and they haven't completed commisioning. It's unproven still with risk still baked in. Just that the Canadian market has a faster spin cycle.Esh

RSG Price at posting: $1.07 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 40.0¢		Change 0.000(0.00%)		Mkt cap ! $1.543B

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	46668	44.0¢

Sellers (Offers)

Price($)	Vol.	No.
37.5¢	81295	1

View Market Depth

No.	Vol.	Price($)
1	20000	1.245
14	458433	1.240
12	312067	1.235
6	139692	1.230
6	131961	1.225

Price($)	Vol.	No.
1.250	371388	17
1.255	220916	10
1.260	134993	10
1.265	104166	6
1.270	38032	5

Last trade - 09.39am 26/11/2024 (20 minute delay)

RSG (ASX) Chart

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AQG is loaded with debt and they haven't completed commisioning....

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