Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > **Bottom**Timing**Patience**Value
View:
Post by Sittingbull11 on Aug 15, 2016 6:18pm

**Bottom**Timing**Patience**Value

The stagnant price today was positive. In RMP's position, a holding price shows all the poisonous negative sellers have exhausted themselves. A poster on this board last week was quite adamant, almost demanding a response asking, "what will happen on Monday",. Well, nothing happened today, Monday, and probably not tomorrow either. There is no insane immediacy here. RMP is NOT in a desperate situation. Yes, there needs to be action, but not this "MONDAY IS CRUCIAL" sense. That is an over-reaction. Something that seems to be ever-present now. News is what will make the move now. Simply because the negatives are priced in. For those who are long and positive, try and tune out the noise. Patience is now needed. M & A's are most often quiet affairs and news of an M & A will simply appear when it appears. The good news for today is the stock was stagnant. A very good sign. GLTA.
Comment by Jonesing on Aug 15, 2016 6:37pm
yep don't know why anyone would expect q2 to be any different. they laid it all out a week ago with the mini anouncement.
Comment by brad753 on Aug 15, 2016 6:50pm
Well I assumed they would release the results this morning and the market would react today. But, now we will see tomorrow. You think nothing will happen tomorrow? okay then. I posted on Thursday that Friday would be a sideways chart with an finish above opening by 1 or 2 cents. But I said that thinking the report would be out Monday morning. I said this is what would happen the prior trading day ...more