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Gold/Mining/Energy : Rainmaker (T:RNK) Announces Q1 Results - $0.09 EPS

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To: Sultan who wrote (38)4/16/1998 12:14:00 AM
From: BlueIce   of 73
 
Is anyone planning to average down at these levels? Has there been any news since the last quarter's results? It looked like RNK was stabilizing at $3.80, but it has fallen again and is trading below $3.70 in intraday trading. Some people are better than others at gauging when a stock bottoms out, but I don't possess that skill. I didn't think their earnings report was all that bad, but I must be wrong since the market obviously thought differently.
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