Ruspetro Share Discussion Threads

[johncraven] 30/4/2013 08:45

Looks like its going to rocket on level 2. Could get over 40p today

[riseup2] 27/4/2013 19:36

I am gutted I cancelled my sell order at 49.25 ( which would have been filled) based on the buying power 48p + .. those people who bought significant amounts are already in huge loss in only 2 days! we need news soon, May is approaching and uncertainty will creep in if we don't get any funding news, this really is a gamble without funding news

[dflowers68] 27/4/2013 17:29

I have to say if it was a tree shake it worked for me. I sold at 41p yesterday for a small loss but did buy back in at 36.92. However like joe-satriani2 I am a little peeved I didn't sell out earlier and re-buy it would have avoided the loss. Hopefully it was a tree shake and it will head back up now!

[joe_satriani2] 26/4/2013 14:52

mm short of stock = tree shake? Luckily I'm in way lower than this, although I'm still annoyed I could have sold out at 48 and re-bought more on the basis of a strong show of director confidence.

[11mel] 26/4/2013 14:27

hate to say i told you so , my previous post (1250) did say this could head down very quickly, is there some bad news or market makers short of stock, me thinks mm are short of stock

[johncraven] 26/4/2013 14:26

whats going on

[johncraven] 26/4/2013 12:34

Plenty of buying going on at the 40p level

[darcon] 25/4/2013 17:09

The last director buying was in the 30s and Makayla bought some on 22 April so perhaps price is going to test the range on that date.

[riseup2] 25/4/2013 16:15

I hope we get some news ASAP..don't want this drifting back in the 30's or even lower!

[joe_satriani2] 25/4/2013 15:37

I suppose the question is not why did it fall 13% today, but why did it rise to 50p on no news in the first place.

[darcon] 24/4/2013 19:51

dflowers68 - Thanks. I updated the header on my personal thread when I was feeling particularly glum as the price of RPO was falling down a crevasse. I have set no date for liquidating my Russian/CIS holdings, but it's a long-term goal as I live and work in Russia so I am already heavily exposed to the place.

Having held through the psychologically painful lows (assuming they get the financing sorted and we don't see a return or even lower lows) I certainly don't plan to sell on break-even or a marginal profit. I'm here holding RPO for the long-term (or, at least that is my current intention), which looking at my own trading history would be about 2-3 years. I don't think I've yet held a share for longer.

[lovegod] 24/4/2013 17:04

think ur right darcon

[dflowers68] 24/4/2013 16:52

Ouch, Darcon I'd call that brave. I started buying and selling a few thousand from around 19p but it occurred to me on my latest purchase at 42p that I'd better keep hold for a while! It's tempting to buy more because I have a feeling this will lift quite nicely, however for once I'm going to wait for positive news!

Darcon, just as a matter of interest I looked at your persoanl thread, which I found informative, and a good idea for self-disclipline. You say that you want to liquidate your Russian holdings - how do you feel now that the stock has started to recover? Once the directors get the funding sorted surely this could be back up over £1 and your investment will be looking like a shrewd move.

Cheers & GLA.

Regards

DF

[darcon] 24/4/2013 16:13

phil150 - I hold 215,000 @ 52.3p average since end of Feb. RPO is my largest holding by far and a gamble

[riseup2] 24/4/2013 15:49

I personally haven't invested more than £5k as id feel more uncomfortable investing larger amounts without any financing news. Once the financing news comes through I will be investing a lot more, I was really tempted to sell at 49.50, I cancelled the sell order based on the buys today at these prices, I can only assume there is imminent news on the financing i.e. this week.. I cannot imagine people buying big amounts at these prices without knowing something.. a good trading update with finance news will rocket the SP

[phil150] 24/4/2013 15:21

will it get over 50 this week i hope so as just bought 2000 more . I do wonder how many shares people on this blog buy . do you buy large amounts or like me just a few

[riseup2] 24/4/2013 12:42

almost double amount of buys compared to sells.. even at these prices without funding news! still demand at these prices when sub 20p most were sells, nothing much has changed since then apart from director buys and a plan for improving shareholder value, but nothing concrete especially re funding..

[phil150] 24/4/2013 10:54

thanks for explanation ,

[semper vigilans] 24/4/2013 07:05

phil - I meant that they can't even get pounds and pence right - no hope for serious regulation!

[rcturner2] 24/4/2013 06:33

It doesn't say when the transaction was. It could easily have been a few days ago. The company will report to the market when they are told by the director. Note that the RNS does not give the date of the transaction.

[phil150] 24/4/2013 06:22

don't understand how a director can buy shares at 0.33 when price is 0.40+ pence

[semper vigilans] 23/4/2013 17:06

Those RNS messages are in a stupid form - why can't someone do a decent template?

Nice to see a director buying at 0.33 pence!

[darcon] 23/4/2013 14:44

Interesting that Makayla Investments have increased their equity position according to today's holding announcement. Makayla are one of RPO's creditors with their debt of US$19m due to mature in August 2013 after the next Sberbank interest payment of US$25m which is due from RPO in May 2013.