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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 > Very Confusing!
View:
Post by Meeky on Aug 14, 2015 4:32pm

Very Confusing!

It is hard to look at my portfolio. I am down close to 50% and I am wondering when it will stop. We'll get through this, but it is still painful to look at. It is confusing to see such a strong 2nd quarter and the share price decline like it did. We got more hammered today than the last several weeks and these were good Q2 results.  I am afraid to see what happens if oil goes below $40. This is incredibly oversold and I am thinking Monday will be the start of our climb back up. I am heavily invested in this company because it is a very promising and Q2 proved that, but the market is obviously blind or maybe it might be me that is blind. I should of never bought these rose colored glasses.

Meeky
Comment by MetalsKing on Aug 14, 2015 6:40pm
keep in mind the second half per company comments will not be as good, I think this is a survivor and good spec bet but its all about hte price of oil/gas at this point and IMO I think another medium term bottom is not far away
Comment by Jonesing on Aug 14, 2015 9:02pm
Nobody's second half will be as good. Another stock I own GXO, had a similar Q2 as RMP and there sp was up nicely today. RMP is being manipulated IMO. Why who knows. Maybe buyout like I've said before.
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