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Bullboard - Stock Discussion Forum Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the opening of Kavango Sedimentary Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. It holds 90% interest in a petroleum exploration license in northeast Namibia and a 100% interest in petroleum exploration rights in northwest Botswana over the entire Kavango... see more

TSXV:RECO - Post Discussion

View:
Post by crude on Jan 28, 2021 7:52am

Controled Crash

It seems the market or at least thhe people in it are trying to talk the next correction into happening and that is probably what is having some effect here. With so many warnings on a correction folks are being super cautious and pulling in smaller profits,
Comment by werROBINHOOD on Jan 28, 2021 8:09am
I say let's have it and be done with it. Next leg up will be the the mother of bull markets but everything needs a big correction before that happens. Markets are getting unhinged and it's very humorous to hear the Hedge funds cry about how unfair it is they are gaving to taste their own medicine. All these crazy trades have to unwind at some point and just may contribute to a big ...more  
Comment by NameOfTheGame on Jan 28, 2021 11:40am
As much as it sucks for people invested in those funds, I do find it hilarious that Reddit outwitted a couple of Wall Street Titans. The times they're a changing.
Comment by madmax69 on Jan 28, 2021 12:28pm
Nothing is changing. Someone is always gaming the system. I suspect those who lost this time will be far more organized moving forward and I pity those on the wrong side next time. Just saying!
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