Replies to post #11042 on Redwood Group International (RDWD)

[The Rainmaker]

Traders starting to lose their fascination with oil stocks, too many bad burns for traders in that sector.

NCEY the poster child for oil plays down huge, HTOG, DMGS, UPDA, UVSE all went bad after a little run. The last few days merger and China stocks with decent news saw amazing buying. FRTL-R/M with hedge fund ran 3000%, INBG announces chinese governement approved their deal stock went up 300%, CBPC China pharmacy distributor 100% move up yesterday.

None of these had news half as strong as the news and deals SIVC is sitting on. Next meaty PR JB gives us, we could really see some monster buying imho.