RE:RE:Will it rise?This stock doesn't move on great results, and i have explained the reason before. A big billionaire got into RNX and WM, he knows these mines are finding gold down there. He bought at a certain price and you can notice the price doesn't go below that.
He makes sure his guys put few million shares on sale at market price early morning when the big news comes out. Obviously, there won't be that many buyers and stock couldn't move up.
Also he doesn't want it to drop below his investment price, but he doesn't want it to grow high either, because he is waiting for bulk results so he could make a mind to buy the mine at some premium or not. If WM stays at 30c he might end up paying 50c for a buyout, but if price stays at 15c he can buy the mine at 25c.....BIG FISH EATING SMALLER FISHES