I took a fair old beating on the Bulletin Boards after advising you that AIM listed penny share oil explorer Range Resources (RRL) was hugely overvalued at 4.86p following the abject failure of its drilling campaign in the Islamofascist hell hole that is Puntland. Report him to the regulators screamed the muppets. He must be helping Evil who is short (he was not) said others. I was not. But the shares initially traded up to 5.6p which delighted both my critics who argued that I could not tip a waiter but also those who were so in love with the stock that they decided to buy more shares.
One helpful fellow commentated on this blog that I should bury my head in the sand. At least if that was Puntland sand I would not get any oil in my hair but I am afraid that is not my style and so with the shares now back at 4.76p I make a couple of observations.Read the full article on ADVFN | Comments