Post by
UppersDowners on Jun 24, 2015 2:19pm
The Beginning Of A Bottom?
but where is the bottom. I emailed management and they stated that operationally all is fine and they can not control the markets. To me it looks as if people are getting tired of RMP and there are better places to put your money. Sell in May and go away plays a role also. Not to sure what will turn us around but in the meantime we might go to the $2.50's or lower
Comment by
borne2run on Jun 24, 2015 2:58pm
!. S&P never discloses why a company is removed from an index (probably due to a low market cap). 2. Some funds must now liquidate their positions because RMP is no longer in the composite index. 3. Month end and quarter end portfolio and fund re-balancing is also a negative.
Comment by
UppersDowners on Jun 24, 2015 3:18pm
All I know is someone wants out and everytime the ask is huge it is blown out and going lower. Maybe at the end of the day a buyer will come forward to push us up. Otherwise we will see the $2.50's this week.