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Bullboard - Stock Discussion Forum RMP ENERGY INC T.RMP

"Iron Bridge Resources Inc, formerly RMP Energy Inc is a crude oil and natural gas company engaged in the exploration for, development and production of natural gas, crude oil and natural gas liquids in Western Canada."

TSX:RMP - Post Discussion

RMP ENERGY INC > $3.53 tuesday at 11a.m
View:
Post by MustangMatt on May 07, 2015 10:44am

$3.53 tuesday at 11a.m

Now Thursday morning stock is $2.83 about .70 cents +-20% in about a day and half of trading.  One thing I do know is that I don't think policy change will effect RMP's profit by 20%.  Eventually, investors will have to see policy changes and look at the fubdamentals again.  Cheers Matthew
Comment by ndaloisi on May 07, 2015 10:46am
This post has been removed in accordance with Community Policy
Comment by MustangMatt on May 07, 2015 10:49am
What about a break below $2.75?   looks like that would signal another leg down.  Support was found here twice before, if it cracks isn't that our stop out, cheers Matthew
Comment by ndaloisi on May 07, 2015 11:08am
This post has been removed in accordance with Community Policy
Comment by MustangMatt on May 07, 2015 11:13am
I would hold some, because there is nothing wrong with RMP but following this down to 2 buck is not my idea of a good time.  It is fear of the unknown at the moment.  I still think RMP holds here, most oil and gas stocks have recovered a great deal, RMP is still touching the old lows.  RMP for under book price is a good deal if you have a any kind of multi year time horizon, cheers ...more  
Comment by minerman77 on May 07, 2015 11:18am
"following this down to 2 bucks"--get f"cking real.this stock will bounce right back up to 3.15-3.20 in a week as oil prices continue their steady increase
Comment by Ellesse on May 07, 2015 10:51am
Cannot resist at this price..... Bought more today @ 2.84............. Time will tell...... Good luck.
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