Resources In Insurance Group Share Discussion Threads

[dicko80] 30/3/2011 08:23

they will have to move up on the bid soon...

sell 1.5m @ 0.7

buy 0.05m @ 0.72

[dicko80] 30/3/2011 08:14

good morning ...

tick tock :-)

[dicko80] 29/3/2011 13:24

Online limits

buy 10,000 @ 0.70

sell 1,500,000 @ 0.70

[dicko80] 29/3/2011 08:41

Tick up coming :-)

buy 10k @ 0.70

sell 1million @ 0.70

[jp5000] 28/3/2011 20:30

Wont be selling mine cheap i can assure you ! lol

[davidlloyd] 28/3/2011 12:40

Is this the age old tree shake, or has someone just off-loaded a lump?
Time will tell.

DL

[dicko80] 28/3/2011 12:09

200k @ 0.77p

v short on stock

[davidlloyd] 28/3/2011 10:55

No, not quite, I am listneing so no worries about going mad. There arent that many of us following this it would seem. Confident of good things here. Should start seeing some more interest given increased volumes, sustained rise, and confident comments from the company.
Best of luck.

DL

[dicko80] 28/3/2011 10:42

talking to myself ......

HELLOOOOOOOOOOOOOOOOOOOO :-)

[dicko80] 28/3/2011 10:20

ping ping ;-)

[dicko80] 28/3/2011 10:00

looks like they are seriously short of stock, can sell at the ask (0.65) even though the bid is 0.58..

tick up coming

[dicko80] 28/3/2011 08:42

online limits

buy 10,000 @ 0.65

sell 1,000,000 @ 0.64

[dicko80] 28/3/2011 08:36

breaking out :-)

[dicko80] 25/3/2011 08:50

ONLINE LIMITS

buy 25,000 @ 0.65

SELL 2.1MILLION @ 0.61

[davidlloyd] 24/3/2011 22:54

Keep watching this.... about to get intersting IMO.
DL

[dicko80] 24/3/2011 09:03

The Pennant

The pennant forms what looks like a symmetrical triangle, where the support and resistance trendlines converge towards each other. The pennant pattern does not need to follow the same rules found in triangles, where they should test each support or resistance line several times. Also, the direction of the pennant is not as important as it is in the flag; however, the pennant is generally flat.


Figure 2: The Pennant

General Ideas
While the construct of the pause in the trend is different for the flag and pennant, the attributes of the chart patterns themselves are similar. It is vital that the price movement prior to the flag or pennant be a strong, sharp move.

Typically, these patterns take less time to form during downtrends than in uptrends. In terms of pattern length, they are generally short-term patterns lasting one to three weeks, but can be formed over longer periods.

The volume, as with most breakout signals, should be seen as strong during the breakout to confirm the signal. Upon breakout, the initial price objective is equal to the distance of the prior move added to the breakout point. For example, if a prior sharp up movement was from $30 to $40, then the resulting price objective from a price breakout of $38 would be $48 ($38+$10).

[davidlloyd] 20/3/2011 11:17

Quotes from JF interview Stockopedia article quoted in post above:

'I'm hoping to put out some positive trading updates towards the end of March, early April and our results will be out during April, which will be the last of the loss making years, with significantly reduced losses. I think the first quarter is going to be very impressive.'......

'I've done the job, it's a smashing business and it's going somewhere. We have even had one or two people knock on the door with a view to taking us over but we have turned them down flat because this is going to be worth a lot more money.'.....

JF is often very bullish in my experience-and doesnt fail to be here either.

DL

[yespmedc] 18/3/2011 12:07

John French interview -

[jp5000] 14/3/2011 18:40

yeah matty would expect to see more movement the end of the month with a view to april results

[matty28] 14/3/2011 17:46

2.5mill at 0.62 thats a buy surely? This bb gone quiet! most likely due to recent no trade days unitl today.

[jp5000] 11/3/2011 19:07

The insurance industry is booming and statistics say there's a year on year increase in claims which can only mean more business for the likes of riig

[davidlloyd] 11/3/2011 13:38

Surely 'mileage' in this for RIIG?



DL