RMI - Resource Mining Corporation
- Thread starter el_ninj0
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Have to agree with you there juw177... hang in there though only time will tell that this is a quality stock! Any idea when the quarterly is due out?? thought it was 2day, but its getting a bit late.
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Dude, I disagree
- Delays: Old news... delays have come and gone...SP acted accordingly. Please remember that this is a quarterley report and not new information.
- General industry interest growing in Wowo & discussions: Fantastic news for investors
prawn_86
Mod: Call me Dendrobranchiata
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while i agree with you PG, i think that there will be some traders who take the negative view and may exit tomorrow due to the delays etc etc as they may realise there is not as quick a buck to be had as they originally thought.
Im still holding all my original position from .058.
Im still holding all my original position from .058.
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Hey guys,
Yeah we all knew or suspected that Wowo was being delayed, but as has been pointed out its good news to hear that Wowo is gaining attention, shame the company didn't give a firmer indication of whom,
One thing that did worry me is that the company had $1m cash left and expects to spend $800k this Qtr which means with a 100% certainty there is some form of Capital raising coming, my guess is a placement and SPP to shareholders, probably at 20% disc so say 10c ish, just a guess
Cheers
Yeah we all knew or suspected that Wowo was being delayed, but as has been pointed out its good news to hear that Wowo is gaining attention, shame the company didn't give a firmer indication of whom,
One thing that did worry me is that the company had $1m cash left and expects to spend $800k this Qtr which means with a 100% certainty there is some form of Capital raising coming, my guess is a placement and SPP to shareholders, probably at 20% disc so say 10c ish, just a guess
Cheers
prawn_86
Mod: Call me Dendrobranchiata
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seems a few traders are exiting today, as predicted.
Would be a good time to top up for those interested with a bit of spare cash laying around.
Would be a good time to top up for those interested with a bit of spare cash laying around.
ALFguy
Trading gives me a headache
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Don't forget you'll also get a load of day traders entering today.
Expect it'll bob around 10-10.5c mark for a while.
Picked some up at 10c this morning
Expect it'll bob around 10-10.5c mark for a while.
Picked some up at 10c this morning
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I'm not unhappy about the SP falling. Have topped up at 10-10.5 also. New news should leave the 10s and 11s behind. Waiting, waiting, waiting....
ALFguy
Trading gives me a headache
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Talk about panic selling :
Wish I had the funds to grab these mid 9's
Can't believe people are being so daft. Anyone would think we're in a crash
:Wish I had the funds to grab these mid 9's
Can't believe people are being so daft. Anyone would think we're in a crash
its looking cheaper and cheaper by the second
i still wont get in .. not just yet ... the markets in general have concerned me ...
at least its washing out all the speculators and "dumb money" out ...
gotta love being hedged with put options is nice ... i like
i still wont get in .. not just yet ... the markets in general have concerned me ...
at least its washing out all the speculators and "dumb money" out ...
gotta love being hedged with put options
is nice ... i like
aaronphetamine
E for Electro
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I tihnk this is a great time to buy in. For some one like me who missed the boat, im glad i didnt buy in when it was in the teens, and even this mornig when it was at 10c.
The same thing has happened with all of the cheapo miners.. all down 2 anf 3 cents.... when the market does re bound, the people who brought in at cheapness will be alughing.
Im still too scared to buy in though.. if it could drop that much today, what about tomorrow !!
The same thing has happened with all of the cheapo miners.. all down 2 anf 3 cents.... when the market does re bound, the people who brought in at cheapness will be alughing.
Im still too scared to buy in though.. if it could drop that much today, what about tomorrow !!
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Could be famous last word..but it seems to have settled down at around the 9.3cent mark.
We'll see.
Sean K
Moderator
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zt3000, You can do put options on RMI? You must mean something else.....maybe..?? Maybe you mean shorting the index?at least its washing out all the speculators and "dumb money" out ...
gotta love being hedged with put options
zt3000, You can do put options on RMI? You must mean something else.....maybe..?? Maybe you mean shorting the index?
yeah sorry kennas .. haha no puts on rmi
other stocks ... to hedge the overall portfolio i'll be clearer next time
man index down to 6007! ... will it go below 6000 who knows ...
alot of these small cap speccies like RMI are taking a hammering
yeah sorry kennas .. haha no puts on rmi
i'll be clearer next time
man index down to 6007! ... will it go below 6000 who knows ...
alot of these small cap speccies like RMI are taking a hammering
Yeah, they sure are zt3000. This is one of the problems with the spec end of the market, they can be the fastest to rise but are also the fastest to fall when the market has a correction.
I sold out of RMI on Monday, it can be very risky to hold these spec plays in the current environment. Can give up your gains very quickly.
I think some of these spec type plays could take a while to bounce back as well, I know alot of people that are trading these stocks have only done so during a very strong bull market, could find they don't move anywhere near as much or as fast during a true sideways or slightly bearish market.
Maybe the days of these stocks flying up on little or no news are over for awhile? Might need a truly good ann to get them moving?
Good luck to all.
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Jumped on board at 9c. Thanks to whoever sold at that level....well done to who bought at 8.9c! thanks to all the posters who bit by bit explore the many possibilities that a SP could move in. Made my job easier today!:
:good to see a recovery ... a lot of selling depth .. prob due to those wanting to get out who bought at higer levels ...
market seems healthier today ... probably needed that
lets hope we see more gains today
lets not forget fundamentals .. and fundamentals look strong on this baby
market seems healthier today ... probably needed that
lets hope we see more gains today
lets not forget fundamentals .. and fundamentals look strong on this baby
