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RRS - Range Resources

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Re: RRS - Much Activity Ahead....

Well maybe now??
 

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Re: RRS - Much Activity Ahead....

Now it does look a bit better, well spotted Tech. But only a bit imo. I've posted a longer term chart in case it helps to follow the previous resistance/support levels from the saucer formation to use as a guide for current price action.

Note the change in polarity via the last two candles, a little bit of volume too. Tight stops are the go for me but I'm not entering.

2c appears to be a line of regression, was quite important in that last saucer bottom as resistance. Some support levels below 2c too, could got to 1.4c easy.
 

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Re: RRS - Much Activity Ahead....

hi all
i first bought into rrs april 2000 when they had changed from mining to a tech stock and now they are back into mining. the ryan brothers were directors then, don't know if they are now or not, don't really care either.
check out the really long term chart from march 2000 and you will see what i mean.
they might produce the goods one day but when you look at the big picture not a lot appears to have changed with management here and shareholders today are still getting burnt.
i for one wouldn't touch em with a barge poll

regards croc
ps good luck to all who hold
 
Re: RRS - Much Activity Ahead....

Thanks croc for the input, the sp gyrations confirm your view imo. Always good to know what peoples experiences/views of mgmt are.
 
Re: Nickel Heaven? RRS

Range Resources RRS - On Fire Today up +31.6%
 
Re: RRS - Much Activity Ahead....

Range Resources RRS - On Fire Today up +31.6%
 
Re: Nickel Heaven? RRS

On the way up...good to see.

Big Buyers... yesterday 1 million @ 2.3cents and today 1 million @ 2.4 cents
 
Re: Nickel Heaven? RRS

RRS On fire from 1.8 cents last week to 2.6 cents now!
 
Re: Nickel Heaven? RRS

The charts look great for RRS, more room for movement today
 
Re: Nickel Heaven? RRS

Increased volume and a rise in the CMF indicate upward movement, anything above the 0 mark is always a good sign
 

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Re: Nickel Heaven? RRS

RRS - BIG BUYER ON CLOSE, Just over 1,000,000 @ 2.7
 
Re: Nickel Heaven? RRS


Hmmm.... I hope you're right. I put 70,000 RRS shares away for a rainy day that cost nothing. Now I wish I had kept the other 200,000.
 
Re: Nickel Heaven? RRS

I'm guessing either a 'take-over' or an urgent need for cash so captial rasing.

What do you reckon?
 
Re: Nickel Heaven? RRS

But... the shares price has more than doubled in a matter of weeks from 1.8 to 2.7cents. I also noticed some big buyers throughtout that period.

A few buyers of 1 to 2 million.

So I still question why the share price and volume jumped dramatically. If it was a need for capital raising I think that it would have been the opposite.
 
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