RMP ENERGY INC T.RMP

Need to vent

[Smugly]

I can live with the fact that oil is declining along with other oil stocks, but this is getting ridiculous that RMP seems to decline more than most of those stocks. Seriously, so much for having great assets and an amazing balance sheet; this is turning out to be a huge dud. I learnt a valuable lesson, stick with chart indicators, regardless of how amazing things seem to be with a stock and you won't go wrong. Oh well, stuck with this p i g for a few months, but gone when it hits $3.00.

GLTA

[PinnacleX]

This post has been removed in accordance with Community Policy

[ppp]

Got stopped out today at 1.95.  What worries me . now is we could be headed for the 2012 low.

[anticline]

PinnacleX - I sure hope it's not true that a family member stuffed all of his savings into RMP.  This is a high risk stock. Sure it looked good when oil was north of $100 but now is a scary time. Anyway, if true he missed his chance to get back his investment.  So, what to do now? Sell everything and take a 80% or greater loss?  I don't have an answer to that.  Will

[PinnacleX]

This post has been removed in accordance with Community Policy

[UppersDowners]

I too am surprised this has not been taken out as it is mentioned on BNN as one of the lowest cost producers and low debt levels. The longer this slides the less possibility this will sell for anything over $3 which is nothing to where most of us bought it. Just hope management remembers us long time shareholders.