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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 > Under $2.00 Today?
View:
Post by UppersDowners on Jul 14, 2015 9:26am

Under $2.00 Today?

not much support on the bid price. Good thing natural gas is higher today but I hope we can stay above $2
Comment by minerman77 on Jul 14, 2015 9:44am
Watch the price of oil today-Iran agreement-could influence share price ,oil price
Comment by vienna on Jul 14, 2015 9:48am
I'm not going to bet this is the bottom given the macro and fundamental issues in oil but I like how it was a slow day yesterday which means all the massive dumping has abated for now. We just need more buyers.
Comment by Lullivulli on Jul 14, 2015 12:57pm
No interest and no buyers for this stock at this moment. Eroded so much value withing a month. Only 2 reasons are possible for this erosion: 1. Because no update or direction from the company for a long time or 2. Something is wrong and we don't know other than that, everything seems perfect for this company.  One more bad day could take this stock to a really ugly level. I predicted less ...more  
Comment by Stars-Aligned on Jul 14, 2015 1:09pm
Main trend in discussions is sell oil stocks, and a demise of Alberta. Many institutions are down big money along with retail, poorly run, high debt stocks are being fleeced on hopes by retail by institutions to recover some funds… PWT, CNE just to name a couple… they’ll be back to their lows soon with hedging dwindling down and no oil price recovery in sight… So my thoughts on RMP are plays on ...more  
Comment by smartman25 on Jul 14, 2015 1:10pm
Yes i had some at 2.90.. and i bought more at 2.10.. to drop my average at 2.50 but look like we might be heading lower... i really dont understand why i know that the sector is not in a good shape... but RMP is one of the only one that did a new big bottom from the last time oil went to 44-45$... and its not recovering up at all its not looking good i hope its not another thing that management is ...more  
Comment by Lullivulli on Jul 14, 2015 1:21pm
I am also avg'ing down since a long time. No money left now. I am avg'ing @ $2.37. Testing my b* alls every day now, lol. Hope my steel b*alls are stromg enough to handle this hammering. Hope no one losses money and GLTA 
Comment by smartman25 on Jul 14, 2015 1:27pm
yeah i am in the same position... i can't afford to add more anymore so i hope it will turn back green  soon it is really testing my patience by a lot... but we still buy low compare to 6 month ago... so its not a long way to go if it turn green... hopefully soon enought !!!
Comment by Mainman on Jul 14, 2015 4:41pm
I am way under water with RMP. I am still though averaging down as we speak . I bought today and yesterday. I could be catching a falling knife but I hope not. I believe the SP is falling because of no news and more likely because the weakness in the price of Oil. Today Oil went up and so did RMP. Q2 results are roughly one month away. We are almost at our 52 week low and nobody can explain that ...more  
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