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Gold/Mining/Energy : The Molybdenum Discussion Board -- Ignore unavailable to you. Want to Upgrade?

To: Gib Bogle who wrote (2893)	5/4/2007 9:17:32 AM
From: tcd	Read Replies (1) \| Respond to of 3267

Gib: Let's think more deeply about what you said. Typically, today, traders and investors have stops on their stocks. It's become more of the norm in the face of such volatility in the past few years (probably since the Internet bubble). And, with RMK going to a new exchange, it seems likely that investors had these stops - certainly trying to manage risk when buying large amounts of RMK stock. If you have been reading the RMK Investor's Hub board, one poster has described how perfectly RMK facilities are laid out. There's nothing wrong with the picture - what we have here is a combination stop/accumulate going on. For this reason, I am taking a big risk by not placing a stop but have "stink bids" in place because I agree with your premise relating to the GMO surprise. Yesterday, when I saw that RMK dropped by three cents to .255, I sold a few shares (it's very hard tracking a pink sheet for this reason) and the sell price came back at .205! When RMK made the announcement of going to the Venture exchange, the price had been stuck in the low .20's and I think that investors were caught short in seeing how fast RMK shot up to .345 cents. Imaginary or not, alot of people who averaged at about .22 with probably 100K shares or more, are about to be automatically triggered because of panic or programmed sells. We may see .15 to .17 before the "rocket" takes off again. The Roxmark story has not changed one iota. Stay frosty! MolyB is here for the forseeable future. Thanks for all of your contributions on this board and others.