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@Dinvesotoy
Without entering into the morals of shorting, if Ratty's AV price using 3SRR is 199 (current 3SRR unit price is 60+p) it would make zero impact on Rolls sp and the SP would need to plummet before he made any profit.
For example the highest it was today was just shy of 75p when Rolls was at its lowest at 211.
Even if he holds those shares post RI, they will be marked down to the same percentage of the Rolls shares at that time.
I think it will be a loooooooong time until he makes a profit from going short.
Just my pennies worth.
Good luck all.
Wrong again ratty, stop trying to justify short selling. It’s not a simple matter of up or down. You basically wish everyone fail, pandemic keep on and 10k jobs cut so you can earn you lousy 1K. This indication to bad intentions and moral. again, it’s not by mistake that short sellers are subject of objectionable and offensive behavior, which most people fine disdain. CLOSE that short.
Indeed we are. Some go long, some short some day trade, others a mix of all three.
As long as you have a diversified portfolio I don't have a problem with those positions.
So where is next on the Ratty your?
GLA
Andy, @ the risk of appearing a miserable sod who doesn't care about anyone else, it's in the rns please dyor.
Well good luck and enjoy Istanbul. Amazing city
GLA
@Ratty
So are you double shorting Rolls?
As in with 3SRR and directly shorting Rolls shares too?
Or is 199 just your av on 3SRR?
Am just curious
GLA
Ratty There are 18 McDonalds in Istanbul, you haven't been looking, or just maybe you're lying again?
I felt that it would drop after the 27th since that's when you have told shares until to qualify for the new shares. 23rd is just the record date, SP from which the RI will be based on. So would people not hold on until the 27th?
You don’t have McDonalds there!?? Long time since I visited Istanbul, used to be great city
Didnt you buy Alba because I told you too though Ratty? Glad you made a bit there... You need to buy back in the next week on a drop... Results out soon... SP could X3 or x4
When do you anticipate it to start dropping? Right after the 27th all the way until the vote result is released?
Cool so if it goes to 199 you’ll have few pounds for McDonald’s.
Ratty, “toping” up again?
There's posters on here who proport to be ITK, Well, Some say after closing it'll open in the RED tomorrow, But opens in the BLUE, Some say after closing it'll open BLUE, But opens opens in the RED, Amazing how they then scuttle off for a few days then re appear with a different foresight.
Most on here have some sort of knowledge of trading, Me i'm not that knowledgable...but follow my own instincts, NEVER EVER take notice of those on here who say BUY or SELL...it'll only end in tears.
GLA
I’ve not been into stocks very long, maybe 6 months, but I’ve met a lot of gamblers in my time - boasting about how good your profits are makes you sound like a complete gambler, one that probably needed the money you started with more than you need the money you made.
Ratty OK I've got it now - the answer is fantasist!
Ratty you really should NOT offer advice. As I illustrated in a recent post you appeared to be a stock market novice only a few months ago and yet now you tell us you are a sufficiently sophisticated investor to trade highly leveraged, highly speculative shorts. I repeat you are either a liar or a fantasist , or perhaps just a fool, whichever it is, Like all rodents, you should come with a health warning .
It could act like iag and if it does that’s great for shorts. Or it could start rallying up, but usually people get the rights for cheap and sell the rest so they have a lower average. Makes sense otherwise if you don’t take up your ri your gona be diluted hard. Therefore it could rallying down again before any up potential. This is a great stock for a very long term hold however for the short term expect disappointment imo
I've been watching RR for a while and wanted to enter prior to RI. Do you think the SP will move the same way as it did IAG?
See how all the longs were tryna tell people take your short positions off. Don’t even listen anyone in this bb. They say they want everyone to make money but want them to lose. Smh