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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

Reconnaissance Energy (Africa) Ltd > first rattle out of the box...
View:
Post by grenouille on Jan 25, 2021 10:22am

first rattle out of the box...

recaf (u.s. otc) hit the ground running to start the week on a positive note

first half hour - up ten percent on strong volume, half a mil in half an hour.

gotta like it !!!
Comment by NameOfTheGame on Jan 25, 2021 12:25pm
Those squeezes like last week make for real opportunities to recoup your initial investment when you know the company has several upstream catalysts coming that will bring the price up. I'm sitting on about 90 percent of my investment in this company as a long term investment and shorting 10 percent back and forth. I'm almost at 5000 shares for free. By no means am I some player, but this ...more  
Comment by werROBINHOOD on Jan 25, 2021 1:17pm
NOTG nice! It's the way to play while you wait. Speaking of shorts I just jumped on the short side of GameStop lol. Now is the time to short that puppy. But back to RECO, a large part of my position is now house money. If you can get lucky and time it you can severely retard your risk in a matter of days. Timing is a mugs game but if you spot the trend and jump in on the momentum. Ya it means ...more  
Comment by madmax69 on Jan 25, 2021 1:37pm
I look at the screen most of the day. You can make money in a thousand different places everyday and the only way to do that is to, well, stare at the screen.
Comment by madmax69 on Jan 25, 2021 1:43pm
Funny you mention Gamestop...I just went long. Right now!
Comment by madmax69 on Jan 25, 2021 1:51pm
And I'm out.
Comment by werROBINHOOD on Jan 25, 2021 1:58pm
Ha! MM69. Let the games begin! Another funny, Blackberry just had a huge jump lol. Shorts are getting squeezed everywhere. The Robin Hood trade is gaining momentum. They will sit and wait in the trees until you pass by and if they don't like what you are doing then they rain down all over your a ss and take your money.  Hahahaha.  
Comment by madmax69 on Jan 25, 2021 2:05pm
It is fun. I made $530 in 8 minutes on Gamestop. BB on the other hand, I have held it for 2 years and it is finally doing something. Probably a sell now.
Comment by Bpultra on Jan 25, 2021 3:00pm
============ Its fun if you win... alot are going to and already today have learned its not so much  fun when you loose... but saying that I made more money this morning on a block trade on Reco from friday to this morning than some make all month working 9-5... but can very easy go the other way... GLTA
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