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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 > The Jeffersons
View:
Post by TheRock79 on Jul 15, 2015 9:53am

The Jeffersons

We are moving on up
Comment by vienna on Jul 15, 2015 10:36am
We're lifting off!!!!! Hoping this isn't a trial run. Woohoo!
Comment by minerman77 on Jul 15, 2015 2:40pm
Looks like a trial run-down she goes and where she stops nobody knows
Comment by minerman77 on Jul 15, 2015 3:05pm
I've now concluded this stock is nothing more than a P$OS.all the talk of what a well run company is cr$&ap-the market says so -this is the poorest performing of virtually all O/G companies of similar size so the excuses of the oil and gas sector issues simply don't explain this disastrous performance-conclusion-P$OS!
Comment by foolandhermoney on Jul 15, 2015 3:52pm
Minerman77, sounds like you should sell your interest (assuming you have some) in this company. If the stock price is what you are interested in and it is not working for you then why continue holding it? I am not concerned about the performance of the stock price but rather that of the company, and that is progressing well. According to the research firm GMP as of May 15, 2015:  https ...more  
Comment by minerman77 on Jul 16, 2015 10:02am
I'm trying to on load my position-40k shares-but the loss is tough to take and I have hesitated.i keep hoping for a small rebound so I can lessen my losses  on this very poor performing stock.not optimistic about oil or gas
Comment by vienna on Jul 16, 2015 10:22am
I have 35K shares and I'm not unloading. I believe Management is doing the right thing except for its lack of communication. It's not going under so there shouldn't be much pain left. Risk is minimal, reward is high and I don't want to miss my ride back up.
Comment by robt1234 on Jul 16, 2015 10:31am
Dear V ...You say no release if insiders bought but it might be a summary of purchases from over two weeks ago - I do not know. Hope the production update comes for tomorrow.
Comment by robt1234 on Jul 16, 2015 10:38am
There is no reason to be very optimistic about oil. It is not a green fuel and supplies are plentiful. In a few years NG will replace it's use by utilities (coal already like the Dodo), buses and trucks... The reduction in extraction costs which are important plus the NG supply glut that will soon disappear will cause the price to go up. RMP and all Montney companies are ideally situated on ...more  
Comment by Lullivulli on Jul 15, 2015 4:39pm
IMO, not a bad performance today. Although we couldn't maintain the upward trend but considering the overall market today, I would say, it was a good day.
Comment by robt1234 on Jul 15, 2015 11:57pm
Yep. It was looking like it might even break out. I wondered if the updated arrived and then Greece made it a risk off day and down went the market. But RMP held even. Will they give the update in the morning or after close?
Comment by akjmi2015 on Jul 16, 2015 12:17am
I think it will re-bounce now. It has hit a solid wall and could not penetrate. Lots of whining and cry baby or weak hands investors mainly day traders left the ground. Shorts achieved what they wanted. Predators got the prey (whining, cry baby day traders), apolitical emotional fund managers are out; So this is the time when the stock bounce. Now the journey begins to victory
Comment by vienna on Jul 16, 2015 9:57am
No release if insiders just bought.
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