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Bullboard - Stock Discussion Forum Renaissance Oil Corp. RNSFF

Renaissance Oil Corp is engaged in the acquisition, development, and production of oil and natural gas in Mexico. The group's properties include Mundo Nuevo, Topen, Malva, and Ponton.

GREY:RNSFF - Post Discussion

Renaissance Oil Corp. > Stock down
View:
Post by SStoktikk on Jun 12, 2018 2:45pm

Stock down

What’s up ?
Comment by ferret_ca on Jun 12, 2018 3:25pm
pho.t  is up
Comment by Budakai on Jun 12, 2018 4:26pm
Shorts are back. Should be volatile until new contracts are announced. The leftist government being voted in will cause a lot of uncertainty. Expect a strong bounceback in July/August. If you're skittish, now is the time to get out, although it's the worst time. I would buy more if I had more capital.
Comment by ferret_ca on Jun 12, 2018 5:21pm
I doubt people are shorting it down here, more likely people lightening up a bit pre election taking some risk off the table, I've been doing it a bit for the past month or so on this and ifr, sold a few wt.a's  today but still have a large position in roe and wt.a.
Comment by Budakai on Jun 12, 2018 7:38pm
Shorts are back. Should be volatile until new contracts are announced. The leftist government being voted in will cause a lot of uncertainty. Expect a strong bounceback in July/August. If you're skittish, now is the time to get out, although it's the worst time. I would buy more if I had more capital.
Comment by ferret_ca on Jun 13, 2018 1:11am
amlo winning the election is a given at this point, and pretty much priced in imho.
Comment by crude on Jun 13, 2018 10:35am
much more interested in the price a year from now ! best o' luck