Reconnaissance Energy (Africa) Ltd V.RECO

Impatient Sell Off - Rookie Mistake

[Zoolanders21]

My high net worth investment firm has Reco still fair valued at over $6 per share. Do i trust seasoned investors who manage billions of assets or some yahoo's conjecture on this bull board ... Hmmmm

[Harel1976]

If you want to be on the safe side you can trust the market.. 

[Wynjoe]

Seasoned investors, lol.They are selling for the last six months while at the same time promoting this stock.Reco has broken to the downside...THAT'S VERY BAD!!! Reco would have to strike the oil find of the century to surpass $6.35(last equity raise).Someone knows something,hence the sell off...Realistically with s/p @ $3.35 and a marketcap of OVER 600 BILLION DOLLARS..tell me where that

[Zoolanders21]

No insiders have sold any stake in RECO. If what you cliam is true you would see directors and insiders selling which is not the case. It is market panic as always and in the twilight low volume last few weeks of summer. You may try reading anything that Warren Buffet has ever written before you lose your shirt. GLTA

[Wynjoe]

I agree,Reco is a MAJOR BUY. Nothing has changed for this lucrative oil play except it's cheaper to buy in. This basin (where they are drilling not 1 but FOUR wells has an extremely high potential of striking a major oil field,do the research. The first well should be nearly drilled but testing will require time. S/p will skyrocket immediately upon positive results and I suspect above ten