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RIO passed its 52 weeks high worth selling?

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Old 06-07-2007, 07:30 PM
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It has been quite a drop these past few days but completely expected as the overall market has been ahead of itself.

Quite disconcerting watching this stock drop so much these past few days. I've also paired it with SID and that has also taken a large hit.
Old 06-07-2007, 08:58 PM
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Right now for RIO I'm at 45.73 a share =< got in it alittle too early but hey it's part of investing. You win some you lose some.
Old 06-07-2007, 09:24 PM
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My cost for RIO was 44.15ish.
Old 06-07-2007, 10:49 PM
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I think you should just wait a while. You are going to gain very little and risk a lot by chasing things in such a volatile market.
Old 06-08-2007, 12:11 PM
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Definitely don't chase. I learned that the hard way after getting so antsy watching SID and TEO jump like mad last month.
Old 06-14-2007, 11:55 AM
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why is RIO volume over it's tradingaverage for the second straight day?
Old 06-28-2007, 02:40 PM
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What have you guys done with your shares lately? News has been great on this company yet it is having difficulty remaining on the upside.
Old 06-28-2007, 02:49 PM
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I bought my original shares at 44.xx and bought more when it fell to 42.xx, so I lowered my cost basis to 43.xx

I'd like to drop my basis to 42, throw some money into Oil/Energy and some more into CF.

So far, I'm up 8% on my portfolio in about 3 months. My IRA though took a 3% hit. Thanks Pfizer!
Old 06-28-2007, 09:46 PM
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I'm back into RIO but my basis is at 44.79 I would like to lower it to about 43.xx. To bad I'm already to heavy invested into RIO right now or else I would buy some more.
Old 07-05-2007, 08:21 AM
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Been over $47 today at times today. I'm up about 17%. Thinking about taking 25% off the table. What do you guys think?


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