GREY:RDEMF - Post by User
Comment by
gold_diggers1on May 25, 2016 5:26pm
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Post# 24904441
RE:Is this for real?
RE:Is this for real?shlo wrote: After selling my position, I put a BUY limit of 58. The time for this order to expire was a month, and it was more kind of a wishful thinking.
I just arrived home to learn that 80% of my order was filled. What happened here? Maybe sell stops? This is crazy, and I want to thank the market for allowing something like this to happened.
Now the question is what to do? I tend to put a SELL order tomorrow for 72 cents.
Why to sell?
I just feel that the correction has started. We might have another day or two where prices will go higher, new "stupid" money will come in, but then- who knows. I will not be too surprised if the correction will wipe out 50% of the gains of the last few months. If RD is included at this correction they will fall to mid- forties
Why not to sell?
This company is unique. They know what they are doing. I will not be too surprised if they come soon with some amazing news that will make a share price of around 70 cents to look like fantasy.
I will sleep on it and I for sure I will not do one thing. This is reading and listening to all the "experts".
GLTA
Shlo
shlo, yes it is real... you are not dreaming... the low for today is actually $0.56.... Maybe sell stops got hit. Its surprised you did not get filled all at $0.58.
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If POG does not hold well at $1200oz.... then dont know what will happen....
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That is why I said on May 02 that I would be happy to get a buy out at $1.00 - $1.20 when pre-open bids climbed to $1.40....... before the halt and No-Activity NR.... Then RD traded in $0.80 - $0.88 range.... then followed by GCM beast beating down RD at $0.75.... Then now this....?! .
Who knows what is to come? .
GLTA