.

Marked down at the start, a good excuse for the MMs to get the shares they sold yesterday at higher prices on their books.

But the buying is now on so higher prices from the 20p ( for the last 40 minutes ) will be seeeing soon

Up or down today any views..?

The stock is hot at the moment as is in many radars, now get it back to yesterday highs and then to the 30p bid ( rumour )

Just a guess....finish around 22p......topped up around 20p this morning....this company is going places.....

Thanks.

WOW what a lot of sells in approx 40 mins. UGH!!!

Why are they selling ?, the time to do that was yesterday, today is the time to buy.....really nuts....you get the feeling that a lot of people don't know what they're doing.....like sheep off a cliff....no thought put into it....

re - Why are they selling ?

Many reasons
Like you yesterday taking some profits
Its Friday
Institutions it seems are shorting again while the PIs are buying.

This kind of rise is almost always followed by profit taking and then by a period of stagnation till the next rise, naturally hopping higher

It's the timing : I'm questioning....profits should have been taken yesterday, today buying should be happening, not the other way round.....

Now I know, why the sells....the quick buck gang have jumped into SAR......

The sharp rise in the share price of oil explorer and producer Range Resources (NYSE: RRC - news) is as much of a mystery to the company's board as it is to the watchdogs down at the Australian Stock Exchange (ASX (Other OTC: ATKEF.PK - news)

Not a mystery .......loads going on ....a huge chance of a decent strike in Georgia or a mega strike in Puntland (good name that)....

I take it the good name is Puntland - I like it!!!!! Getting a little bit of the gitters but still holding!!!

very happy to have been and gone over the last few days, thus banking a modest profit, which would have been twice as much had i cashed in yesterday

have no intention to sell the Libyan crisis will last at least another 9 months by which time oil will be $200 plus ..

what price RRL in 9 months time..?

even if that so - less than unlikely - RRL would not be my choice of stock ..... would much rather hold AFR, TLW, PMO or perhaps EO. and XEL

I dont think you can go wrong with any oil stocks in 2011.

repeat.

The price of oil is going ballistic at the moment : WTI (US Crude is 104.6 us dollars) as I write and I worked out that it was rising at the rate of 1 cent every 5 seconds.....that is staggering.....it is inevitable that all oil producers and RRL is a producer will be marked up.....at some stage regardless of whether the general market drops or not....

Warnings today of 2.00 a loaf and 2.00 a litre for petrol is this all going to end..?