RE: What happens now?17 Jul 2021 10:11
The only thing keeping this share down is investor stupidity. The UK government announces that it is removing all restrictions and that Covid case will rise but the link between Covid and death have all but being eradicated in vaccinated people. So how do we the investor respond to momentous news?
Every time the daily figures show Covid rising, we sell? But hang on a minute we have already being told this would happen.
Every time Europe announces restrictions, we sell? But the world is a massive place and lots of country’s are flying but still we sell?
Every time a new variant is announced, we sell, but isn’t Covid a virus? And don’t all viruses mutate?
RR fails to sell an asset and retenders for interest, so we sell our shares; isn’t this a regular occurrence in any business? I mean the asset is still valuable; people still want it, so what’s the problem?
RR as a company isn’t making the share perform poorly; it’s us over reacting to every negative and choosing to ignore every positive. If ever there was a group of people trying to throw their money out the window, then we as RR investors are that group. RR are not just about air travel; RR have enough work outside the air industry to keep them ticking over until the planes fly so why do we keep walking around with our placards shouting The End Is Nigh; only one reason I can think of, and that is that we have all become philanthropists and have decided to donate our money to the hedge funds who come along and see our littered sells as an opportunity to make big money from stupid people.