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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 > It's not rocket science
View:
Post by LoyalFollower on Jun 19, 2015 7:34pm

It's not rocket science

Very clear reason for the spike in the volume: stock came out of the High Beta Index so had to be traded out.  Very clear.  Very transparent.  No takeover (yet).
Comment by easindown on Jun 19, 2015 9:03pm
Is it clear & transparent who was in a position to soak up all the shares remaining on on the index, at 3:59 PM, & at the closing price Not a bad deal for someone or someones.
Comment by robt1234 on Jun 20, 2015 1:39am
Might we ever know if Market Makers grabbed it up and now can drive the price up and then work it down again like they did in the last two months with the stock going from over $4 to where it is - while the company finished the new batteries and pipeline hook up, announced increasing production despite reducing drill costs, has been buying a new core area, has produced profit soon to be reported ...more  
Comment by robt1234 on Jun 20, 2015 2:00pm
Vector Vest does an analysis which shows once the current trend or manipulation is changed the stock will rebound nicely. Question is - when will this occur. I hope any catalyst can cause the lid to come off up to around real value as they put it. But usually a trend reversal goes past that - which would get us to over $4. THAT does not include recent new core area purchases or profit in this ...more  
Comment by robt1234 on Jun 21, 2015 7:55pm
Most important to all investors in Nat gas is the LNG export business. Sabine Pass will eat up the whole glut and 6% of US NG production all on its own. But all manner of local projects will cause our companies on the ground with gas to be targets for buy outs and mergers. https://www.newsroom.gov.bc.ca/ministries/natural-gas-development/factsheets/factsheet-lng-project-proposals-in-british ...more  
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