Reconnaissance Energy (Africa) Ltd V.RECO

Recent shorting

[C6J6Dub6U]

I am done. I won't be doing any more posts etc. If the shorts want to move in and go crazy with the sp go ahead. I'm not going to do half their work for them posting positive positions. I came to realize two things. 1. I have all the shares I need. I Won't be buying anymore dips etc. 2. Shorts are basically hindering or slowing progress or gains of sp. Was original goal to de risk after 10+ shar price. Cant sell daily as its in Tfsa Just don't even care now. I know whats in the dirt there now to just sit back and collect later I'll be enjoying the show :) Best of luck to everyone, even the shorts. Sorry I won't be propping up sp by buying dips for you. ;) GLTA

[NameOfTheGame]

The stock has had a meteoric rise over the past three months. I don't know why anyone would be frustrated with the company achieving such a high valuation considering it only has unproven assets. The only thing that's going to drive the price forward sustainably is results that lead to money. It isn't reasonable to value this company currently at over a billion dollars, which is what

[teheran10]

..."in a few months"? what are. you talking about. Reading your post I know for sure that you are flipping the stock back and forth - nothing wrong with that but please say so, otherwise you are a decetful dude.  We shall have news soon enough but not MONTHS. We should be at $7-$8 mark right now. I hope the News takes you all shorties and flipper by surprise. Good Night. 

[FastIroc]

100 % with you on that one !

[NameOfTheGame]

@teheren. On the last dip I flipped 500 shares back and forth. That's ten percent of my holdings. I personally don't have the time to stare at charts to be able to short. Nor would I risk it with this stock. And yes, in a couple of months it HAS had a meteoric rise. I'm up 700+% from July. I'm happy. The stock is doing good and the company is looking more and more solid with a

[werROBINHOOD]

T10 listen man the sp will not be at anything because you wish it to be so. The sp is where the sp is because that is where it is. Not sure this is the investment for you. That was a crazy foolish comment and you now just disclosed your lack of understanding. You truly are on a wing and a prayer.

[werROBINHOOD]

Is and to be perfectly clear this is not investing this is "speculating". 

[madmax69]

Absolutely speculating! Any money thrown at these ventures should be considered lost until it isn't. I've said before, invest 75% of your money in good companies preferably with dividends. I invest a 5% weighting in 15 stocks from various sectors and reinvest the dividends. 15% I gamble with and 10% in Bitcoin and gold. It works well for me.

[Ca01an]

The company have said they want to drill and analyse the three wells before releasing any results which probably won't be until mid April or so, a few months for some real news sounds about right (I am aware there is a chance some news could leak)   Short sellers probably know this as well, I would expect to see less shorting as we get closer to Q2

[Chas15]

Basic human psyche, "stocks only go up" mentality. It leads to lack of patience and loss of money. It usually is just inexperience talking, an experienced investor (investor not day trader) know how these things go, they take time. 

[investor55x]

Well said NOTG. Here patience is the KEY to successful investment. As investor (not 'day trader') I'm not interested in the daily up and down games at the exchange at all. I'm rather looking forward to the drilling results and analysis in april/may and the share price after. Stay strong and patient.

[SammyBerry2018]

I have never posted here before this message.  Nor will I ever again. You nailed it C6G6Dub6U!! Well said!! People need to keep their opinions to themselves because they don’t have a clue what’s going to happen unless they have done the work and research to learn all about this stock. From what I know this is a very well funded/derisk stock with expert owner managers. Read January 18, 2021

[ratsnake220]

samy berry...well said but it is not de risked.....and dont ever accept a target from a house like Haywood.....if after 3 holes as dusters what does Haywood do....?   They have no idea....So if you check deeply you will most likely find their is a investment relationship with Reco....Now saying this i am long because this is in the 20% of my stocks in HIGH RISK.....So if it does not produce..

[uptherecazaly]

One of reco large share holders is the founder of Haywood 

[uptherecazaly]

One of reco large share holders is the founder of Haywood@

[amkestrel1961]

C6 and T10 and other small longs take heart.  I have valued your posts, many of the shorters have cast personal attacks on some small longs.  They have their investment tactics and strategies.  Small longs such as myself  and yo have ours.  I will not attack nor personalize the differences.  We have free societies in Canada and the US and others.  BTW, shorts