RTL - RTL Corporation

[constable]

Re: RTL - Ritract Limited

A couple of things on the risk point azu
For me this is a medium term trade which im applying f/a and as it is a low volume stock i am prepared to give it a great deal of freedom.
I regularly day trade and rarely give a stock more than 2 ticks on a stop loss.
Your comments about rtl price action is valid from a short term perspective and furthermore with a low volume and depth, exit strategies are greatly restricted.
For me chalk and cheese anyway in trading application. Anyway enjoying your banter! c

 

[azu]

Re: RTL - Ritract Limited

constable...
your nightmare just got worse.... your ship carrying syringes is sinking way faster than i would have predicted ... today .. support @ 0.06 was smashed... and... the highest bidder now is @ 0.048 !! (is that u? )

if everything is going as well as your "research" shows... why r people still willing to sell at huge losses (prices were varying from 0.085-0.10 before this recent dive)..?? like u said... results r just around the corner... and ... u wonder why people somehow r willing to sell before the results at up to 40% lost???? com'on ... it never crosses your mind that sensitive info has leaked? simply because RTL "doesn't" know about it (according to your phone conversation with RTL and was assured by them "that everything is going to plan")... doesn't stop investors having connections with BBraun to obtain some info right? of course... i am not saying that this is in fact what is happening... but... i will say that its not out of the question... do u agree? or there could be other reasons why the sp is diving which we don't know about...! if u think that we live in a world where the market is fair... think again!

anyway... i guess u r fast running out of excuses to justify the consistent sellings at record low prices... but.. i would like to hear it nevertheless.... on the other hand... sellers smashing through support at record low prices simply reinforces my position everyday... u must admit that selling at this price is not an easy thing to do ... i definitely wouldn't sell any shares at such huge losses unless i know something bad is going to (or most likely) happen...

anyway... constable.... for someone who questions my motive and accuses me of spreading rumors to harm RTL... i guess i am the one who is actually correct up to this point in time... and your optimistic view on RTL is getting hammered everyday (based on the sp).....

lets hope tmr will be a better day for u and RTL holders.... good luck.. i do mean it.!

 

[constable]

Re: RTL - Ritract Limited

its good to see your passionate about your sh*tcanning of me and rtl!
On the other hand try not too take things so personally azu, my ego is not tied to this stock, but i believe yours is.
Rtl is getting hammered but it doesnt take a genius to work out what happened today and that is the panic selling slowed and the bottom feeders took control. No, im not happy about the price movement, but this is offset somewhat by the fact over the last few days i have picked what i consider to be some real bargain share parcels and dropped my av by nearly a cent. I may well be stupid but im certainly happy to be one of the few buyers who have benefited from the lemmings panic.
I have made a commitment to this stock and more so happy to be a part of this company. While i am realistic about a worst case scenario however apart from panic selling the facts havent changed. Rtl have a world class product, the means to mass produce it and two worldwide distributors competing for a licensing agreement.
Time will reveal all and its just a matter for me to sit on my hands a put up with those who can take cheap shots because ive got the balls to post up my investments regardless of how they are doing!

 

[azu]

Re: RTL - Ritract Limited

another day... another record low closing price ... and i do wonder how can u still remain so upbeat and positive about this company.... but it is interesting that u r still simply justifying such price drop as "panic selling", "lemmings", etc.. lol... r those the only reasons why a SP would dive?? thats laughable...
if they really have "world class product" as u alleged... do u think a company with "world class product" would close at record low prices everyday recently?
so... lets just say if the SP starts going up... r u going to reason it as... "panic buying" and "lemmings"?? i don't think so... u will probably say stuff like.. the company is going good .. thats why the SP is up... etc etc...

"world class product"! haha .. com'on ... simply because they r the first to put some spring on a syring for automatic retraction doesn't mean that its a world class product!! geezz.... thats something no one taught of... use spring for retraction... mmmm.... thats genius!!! lol..... their product may be applicable... but i think naming it world class is abit pushing it don't u think... lol...

anway... enough said ... you r the one who is losing heaps everyday... not me... so.... i don't really care whether where this share ends up.... and those who believed me would have sold at a much higher price than today's close... and get back in at a much lower price now if they want to ... instead of being tighted up by holding (and buying more) as you recommended....

 

[dubiousinfo]

Re: RTL - Ritract Limited

Constable & Azu

There has been some really great contributions from both of you.
Constable is to be applauded for the enormous amount of research he has carried out and shared. Whether others decide to invest is a matter for themselves.
Azu your points are valid and a reminder that company fundamentals and share price can often be very different matters.
However, the last 2 posts from both of you have sunk into personal attacks which only serves to detract from your previous good efforts.

 

[constable]

Re: RTL - Ritract Limited

Constable & Azu

There has been some really great contributions from both of you.
Constable is to be applauded for the enormous amount of research he has carried out and shared. Whether others decide to invest is a matter for themselves.
Azu your points are valid and a reminder that company fundamentals and share price can often be very different matters.
However, the last 2 posts from both of you have sunk into personal attacks which only serves to detract from your previous good efforts.

Yes thankyou for stepping in dubious, twas getting a tad nasty!
On a lighter note sellers dried up somewhat as feeders had to chase, volume was up and average price for the day was 6.07c.

 

[azu]

Re: RTL - Ritract Limited

hey dubiousinfo... nice to hear from a third party...
i agree that our posts should focus on RTL.. and nothing personal...

anyway... nice to see some support at 0.06.. although .. the volume is still too low to indicate any reversal.... and definitely does not indicate anything positive news upcoming... that is... things can still go either way... and maybe more punters r willing to take a bet with lower risk (i.e. lower price entry) ... lets just hope that their delayed annoucement will be a positive one for all RTL holders... good luck...

just a warning though... if they delay their annoucement (which should have been released mid-may as promised) for any longer without any updates... u will probably see the SP get punished again.... probably down to 0.05...

cheers!

 

[rocka1]

Re: RTL - Ritract Limited

well ive just decided to buy 90000 for .060 may be high risk but at a bargain cheers ps, ill go along with ya constable

 

[doctorj]

Re: RTL - Ritract Limited

Good luck rocka1.

Did you get in today or are you holding off for tomorrow?

 

[rocka1]

Re: RTL - Ritract Limited

HI DOCTORJ i will buy tomorow , i sold my AED shares hansome profit for 2 days work and decided to buy large parcel of mre as they were down 8% , ive ran out of dosh, i will put a order in for that 90000 tomorrow even though .057 would be good, target price well i really havent done my homework thoroughly yet, better be carefull don,t want to ramp up price, i personally consider this stock speculative, high risk , price well .089 if positive announcement is made withinn month, if no announcement below .045 and ill get out and count losses , im not prepared to put bick dollars on this stock. volume and charts looke real bad as you would know

 

[rocka1]

Re: RTL - Ritract Limited

HI guys got in today ive been doing alot of reading up on this retractable syringe i am amazed that 1 of the directors Denis boyd took up almost $760,000.00 in entitlement issues not sold he must have faith .

 

[Ken]

Re: RTL - Ritract Limited

Looks dangerous to be buying while theres so much selling.

How do you know its not going to drop to 3 cents for 4 cents?

Guessing game can take years to recover.

 

[constable]

Re: RTL - Ritract Limited

Looks dangerous to be buying while theres so much selling.

I thought the selling supply coming in today was fairly restrained (close was up .3c),suggesting that the weaker hands may have finished unloading?! It's still worth sitting in the depth just in case, although you wouldnt have got em today.

 

[azu]

Re: RTL - Ritract Limited

hey dubiousinfo... nice to hear from a third party...
i agree that our posts should focus on RTL.. and nothing personal...

anyway... nice to see some support at 0.06.. although .. the volume is still too low to indicate any reversal.... and definitely does not indicate anything positive news upcoming... that is... things can still go either way... and maybe more punters r willing to take a bet with lower risk (i.e. lower price entry) ... lets just hope that their delayed annoucement will be a positive one for all RTL holders... good luck...

just a warning though... if they delay their annoucement (which should have been released mid-may as promised) for any longer without any updates... u will probably see the SP get punished again.... probably down to 0.05...

cheers!

do u believe me now Constable?

but... don't get me wrong... this is not what i want to see.. (i.e. a drop in SP) ... but.. just a reminder and warning for those who fall in love with their stock and fail to take negative factors into account accordingly (i.e. disregarding negative signs and only want to believe in positive) ... and as a consequence .... fail to take appropriate actions when necessary ...

anyway... good luck ... and lets hope RTL would let u guys down in the end...

 

[Ballsy]

Re: RTL - Ritract Limited

As a new member I have really enjoyed reading Constable and AZU comments and banter.

I have been a supporter of Ritracts for over 12 months although I have bought up big time in the last week (over 600000) at an average of 4.4 cents. I had relatively small holding prior to this due to cash flow issues etc.

Just wanted to say to Constable there are some other big believers out there.... hopefully we will find out in a couple of weeks just who is right. Azu you have made some good points as well I have to admit.

When the bad batch which obviously no one so coming occurred last year I think from memory the share went from circa 17 cents to 8 c in 24 hrs. I think that kicked the hell out of them and taken very long time to recover.

I can see 10-12 cents within hours of a good annnouncement and 3 cents if no one is signed up. I admit im a spec buyer but this share has great potential.

 

[Bluebeard]

Re: RTL - Ritract Limited

I to have followed this debate, at times I considered jumping in but never did it. Anyway here was todays announcement.

http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00733220

 

[azu]

Re: RTL - Ritract Limited

Bluebeard,

Im happy to know that u didn't get "sucked" or "misled" into buying RTL as a result of Constable's over-optimistic posts on RTL....

I previously warned so many times that the announcement in regards to the contract is not looking good for RTL and warn others about the high risk involved with this company... however... i was accused of down-ramping, hidden-motives, etc etc ... but seriously... i was simply trying help more people aware of the bad situation surrounding RTL BEFORE it happens!!

Well... i do hope that i did in fact helped someone in deciding NOT to buy RTL ... (sorry rocka1) ..

I think everyone can learn from RTL that what delay in announcement can lead to ... and for the people who can catch this sign early and sell (even at a lost) ... u will be saving lots of cash at the end .... and getting out early is the key .. because the more u wait... the lower the SP goes... and the less likely u will want to let go which means u will be willing to sink with the ship if necessary ....

I do not want to rub salt into the wound for Constable who had accused me of many things in the past during our debates ... and I just hope that u take this as a very valuable and costly experience .... i don't even want to know how much money u have pumped into this RTL .. topping up in addition to your 2% holdings at every stage of price drop from 0.9-0.8-0.7-0.6-0.5-0.4 ... and at the same time... trying hard to encourage others to do the same ...

 

[Bluebeard]

Re: RTL - Ritract Limited

Its true that your posts probably convinced me not to invest, in the end, i saved myself about 3 or 4 thousand dollars ... so thanks. I do feel badly for those who seem to have lost alot of money on this. Lets hope we can all make some dollars elsewhere.

 

[rocka1]

Re: RTL - Ritract Limited

HI AZU yes i lost over $1000.00 got out at around .055 only held under 2 weeks, I lost faith when no announcement or info was coming. I loved the posts by you and constable, but in the end got way to risky, any good trader knows always, always have a stop loss in place no matter how good the stock is becoming emotionally attached to a stock is a definite no no in my opinion. rocka1

 

[azu]

Re: RTL - Ritract Limited

no problems bluebeard .... just shout me a beer next time hey?? ....
yes... i do feel the same way as u .... when i read the news... the first thing that came to my mind is .. oh no .... unfortunately... what i have been warning people about did in fact came true ... (although im not surprised because i have been saying all along that the delays aren't a good indication for the news to come ... and i could see this coming ...)
well.. i just hope more people did get out before the news ... and for those that didn't ... well... they will just have to hope that the company will come up with a master restructuring plan (and convincing plan) to reduce the impact of the SP when it opens... but i doubt they would be able to come up with anything substantial because their crown jewel (i.e. auto-retractable syringe) has been essentially flushed down the drain because its non-commerical ...

here is a link on an article on how the managing director Bill Nicklin who could not be reached for comment ...
http://www.thewest.com.au/default.aspx?MenuID=159&ContentID=32563

as for rocka1... its nice to know that u got out ... and good to see that u r able to take in various factors in your decising making along the way ... and not simply becoming emotionally attached to a stock ... well.. in the end... u made a good move... nice one ...