OTCQX:RPMGD - Post by User
Comment by
pipefit2on Jan 30, 2013 11:38am
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Post# 20911672
RE: RE: Actually, Howald bought 480,000 shares
RE: RE: Actually, Howald bought 480,000 shares I agree it is a good buy here, but I don't see the point in averaging down. This is a Venture Exchange micro cap junior. It could go up 1000% and it could go to zero. For new investors there is a reasonable risk/return ratio. But I don't see the logic in increasing one's exposure here. They have clearly fallen out of favor with the Big Al type of gurus.
I'd like to see these guys meet one deadline. That alone would probably tack ten cents on the share price. I think Carrot posted somethingthat mentioned two events happening in January. Tomorrow is the 31st. Can we get one news release in 6 months, other than some bad news about the court case?
Now if there was some sort of external event, like a broad market selloff, that pushed the share price low, I could see jumping in and buying some shares at a much lower price. But that is not the present case.