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Red Mountain Resources 10% preferred?

Posted: Tue Aug 12, 2014 3:51 pm
by mindtrek2
Hi Dan,

I saw that Red Mountain Resources (RDMP on OTC) has just announced a 10% Cumulative Redeemable Preferred stock offering. Are you familiar with the company (based in Dallas) and do you think this preferred is something to consider buying once its listed?

Thanks.

Re: Red Mountain Resources 10% preferred?

Posted: Tue Aug 12, 2014 6:28 pm
by dan_s
I've never heard of that company, which doesn't mean a thing. I'm up to my gills in work right now, so can't look at something new. I had a major computer problem this morning.