Post by
MustangMatt on Mar 24, 2015 11:34am
anyone else thinking
That the longer the share price holds up in the upper 2's the more likely the share price tests that old 3.60 lows before seeing 2.50? That's a good +10% trade if it's there, cheers Matthew (on vacation bored in an airport)
Comment by
EtownOil on Mar 24, 2015 3:00pm
I don't think we will be seeing $2.50. I think we have already seen the lows and I think RMP is way oversold! Once the market gets an idea of the actual reserves and the production guidance is updated, we will be headed upwards. RMP should never have dropped below $3 in the first place.
Comment by
ndaloisi on Mar 24, 2015 5:25pm
This post has been removed in accordance with Community Policy
Comment by
AsYourLawyer on Mar 25, 2015 7:19am
I don't think we will be seeing $2.50 either. I believe, more or less, that it's all up from here. It just takes time for things to settle, this has been way over sold, no doubt.