ive said it b4 and ill say it again -  at some point people will...

ive said it b4 and ill say it again -  at some point people will listen - though idiots will remain idiots

rsg is prime candidate for long /short pairs trade - because its historically high aisc, in the dev phase and recent history of mgt overegging forecasts (so it lacks serious buy and hold support)

same as had been occuring in sto/org in oil

take a look at what sto and org did 2 days ago coming into a key technical level for oil

sto ramped - org fell back hard (for no apparent reason)

this is how funds protect themselves against the next night's commodity price swings - they short the non preferred story

if the commodity pushes up - the shorted stock will pick itself up gradually over next few days

rsg is much worse than org ofc - given its overblown its capex budget estimate  by about $150m

but it remains relatively cheap if it delivers anything like what mgt professes

but this is why rsg acts like it does - first do go down, last to dgo up - only if you see a gold bull market will rsg suddenly shoot the lights out - or on confirmation of meeting targets