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Re: [sharechat] RMG good news


From: "Nigel & Sue Bendig" <thebendigs@paradise.net.nz>
Date: Wed, 9 Aug 2000 22:29:51 +1200


Warner/All
 
Overall, this is good news, and certain profanities were given forthwith when I read the release, as I had sold out yesterday due to impatience. However, checking the markets reaction to the news I was 'surprised' to see even this didn't cause any price movement. There has been some suggestion (in this forum I thnk) that any upward movement gets wiped by profit taking/loss cutting.
 
Also be wary of the 'earlier this year' comment. It may sound good, but it can range from 01/01/00 to last Monday.
 
Taking my 'bash the tall poppy hat off', I still se it as a good company, just for an investor, not a trader
 
Nigel

 
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