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Bullboard - Stock Discussion Forum RMP ENERGY INC T.RMP

"Iron Bridge Resources Inc, formerly RMP Energy Inc is a crude oil and natural gas company engaged in the exploration for, development and production of natural gas, crude oil and natural gas liquids in Western Canada."

TSX:RMP - Post Discussion

RMP ENERGY INC > Reserved buys
View:
Post by brad753 on Aug 11, 2016 4:24pm

Reserved buys

Bought in 200@$1.30 500@$1.09 500@$0.92
Staying pretty light on this one because I have some doubt but I do agree with other posters... This may turn around and the turn around might start tomorrow. I'm averaged at $1.08 so Im hoping for anything above that at this point. This isn't the first time RMP had put the for sale sign up.
Comment by Baird007 on Aug 11, 2016 5:00pm
Why don't you try putting in something worthy at least get 20000 shares your going no where with that kind of shares
Comment by brad753 on Aug 11, 2016 7:37pm
Well the answer is simple, risk vs reward. I will risk $1200 on a stock that is dead in the water with the slight chance it will rally and I'll make $200-$300 profit. And if it doesn't, oh well, I'm not that invested. Speculative stocks like this, you shouldn't put large amounts of cash into. Stocks like this are more like the slots at a casino for me. Over all I fair quite well ...more  
Comment by calypsocrime on Aug 11, 2016 7:42pm
This post has been removed in accordance with Community Policy
Comment by Baird007 on Aug 11, 2016 7:50pm
Why do u say we will see tmr? Does the quarter report come out tmr or the 15th?
Comment by brad753 on Aug 11, 2016 8:19pm
I say we will have answers tomorrow for a few reasons.. There shouldn't be any panic sellers left after this long of the last news release. Oil prices are decent today and probably will be tomorrow. The earnings report is coming out on Monday. If you look at any chart prior to an earnings release, there is always an upward trend near the end of the trading day, the day prior, if the news is ...more  
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