Reconnaissance Energy (Africa) Ltd V.RECO

Buy the weakness

[Hotshot85]

It's actually incredible how methodicallly this in being pushed down with small bid and ask numbers for lower prices. Especially first thing in the morning. 

Your cant blame anyone for taking gains, but this doesn't feel like that. 

I'd like to hear some news today in the AGM but i'm doubful. Feel like today is going to be all business as they just gave an update on 6-1 and direction for when there will be more news. 

I hope i'm wrong but if i'm right we'll probably see a further pull back due to people wanting news daily. I'll buy again

[teheran10]

definitely trading between accounts on small bids/asks, all illegal but this is Venture and your weak government allows any shiit to happen as long as no one says racism. Typical market manipulation. They cannot actually cover their positions because all is done between their own accounts. That is my opinion ONLY. These guys are killing themselves because they have millions in losses right now

[Hotshot85]

thoughts on if there will be any news come out of the AGM today teheran? or if this will be all adminisraton?

[teheran10]

I really do not know but I think RECO will be reinforcing the fact about findings so far and support of the government. Everyone who has any positive interest in RECO should complain [e-mail] and [e-mail] Let them know what you can observe about the manipulation. The more complaints they get the more they will be forced to do.

[Moon333]

Yes I agree I already complained everyone should it will help to stop these crooks.

[teheran10]

PLEASE COMPLAIN to both emails. I sent them another nasty email for doing NOTHING about this unethical attack on RECO. Just mention that you will complain to the body that overlooks them. Good jobs are hard to find now so these latte boys will have to dirty their Armani suits. COMPLAIN

[Moneycat]

They will not do anything.   This trading is all computers and trading algorithims at this level.  We just need to wait for more news at the end of the month.   The real big money is still waiting till this is fully de-rsiked.  In the meantime it will have more days like today.  I personally am not willing to trade in and out as we learnt last week the company is

[Bpultra]

========================= Yes they will do nothing... and gets filed under "G"  with low vol the algo's can move this where they want...    short changed -1.7 mill to only 871,746  which is nothing.... other than naked .. so everyone just waiting .. and right now more sellers than buyers .. will see how far it drifts this time .. 

[teheran10]

I am sure they will be doing something is everyone with vested interest complains. Even if only one person/broker gets caught, this will spread like wildfire. Do not be a sitting duck and just take the abuse. I know I am selfish in this respect but something has to be done. OK. up to you guys. $150-$250

[med]

A company can't release news to people who attend the general meeting ahead of the rest of the public knowing about it, so no news at the meeting. 

[Moneycat]

But they can release news just before the start of the meeting to everyone and then discuss it at the meeting !!!

[Moneycat]

Having said that I do not expect any news today before the meeting....I think we will not get anything new for a few weeks at the earliest !!

[Zoolanders21]

An interesting tell is that the warrant price is going UP while the stock price is trending down. Definitely manipulation. i agree Teheran add more to your position. 

[teheran10]

seems like you are one of the manipulators. Am I correct?

[Zoolanders21]

Seriously? i just agreed with you. Been in on this since the $2 level. Sold 1/3 after the first annoucement ... now playing with house money and still have 9500 shares that are locked up and in the vault until the end. I just picked up warrants earlier this week to add to my position. GL longs this will be a good ride.