RMP ENERGY INC T.RMP

Volume?

[Jonesing]

What's with the volume this week. I know oil rebounded with OPEC speculation today but that's twice this week we get some really good volume.

[SomewhereElse]

Even today, december 7th 2015, a lot of volume, 2 mil with a huge decline in oil gas. This is very low share price for RMP

[Jonesing]

The volume is the one that is interesting. Specaily since it was mostlty GMP buying. As for the SP it's probably close to were it should be. If you look at companies like TVE who are a stronger company than RMP and they took a smaller bath in SP today. The entire industry is going to be a mess until someone starts cutting back on production. Other than that it's a waiting game. Eventualy

[TheRock79]

The Saudis are playing a dangerous game. Even if they eliminate North American competitors in the short term with this strategy, they haven't thought it through. In order to keep these market shares they need to keep oil at these prices witch is unsustainable for them in the long run. As soon as oil starts to rise the shale producers will come back. The Saudis are in a loose loose situation