GREY:RIOAF - Post by User
Post by
robvanhoorenon Sep 21, 2011 9:40am
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Post# 19065359
RIO: Ubika Research T/A
RIO: Ubika Research T/AGeez, sure it's OK to make a buck, but I just can't stand slime websites that do modal popovers to demand a person's info for their spambots before finally coughing up the slop they call content.
So, to save everyone the aggravation, here's the text of that 847am commentary on RIO by Ubika (Doug Morrison) posted below.
My analysis of their analysis?
Look at the context and consider what really motivates Ubika: maybe you'll pick up on the subtext.
Essentially, *they* want *your* shares cheap (before it rockets), so *they* profit and *you* don't.
Hold tight, fellows.
R.
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"What is Interesting about Rio Alto Mining Ltd? (TSXV:RIO)
"Rio Alto Mining (TSXV:RIO) closed at $3.18, up 2.58% on big volume again. The price action reflects anticipation of good production numbers on the 14th, and then a continued buying frenzy since. The stock is now at an all-time high, with no resistance in sight, but it trades on an RSI of 86.60, hugely overbought.
"Given the exceptionally high RSI and the underlying trading down, it may be prudent to take some money off the table at this level.
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ref.
https://www.smallcappower.com/articles/rio-alto-mining-ltd-21-09-2011.html