Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I agree sentiment was strong. But the industry was also very manic then too
Airframers couldn’t keep up demand and had massive backlogs but at the same time a lot of airlines and tour operators weren’t doing too well it was all a bit bizarre
Longer term I wouldn’t worry I just think they’re a bit more hamstrung the now with those contracts but things will improve
ITP Aero revenue would be lucky to plug the cash burn for six months
Hedgefunds Algos market manipulators short sellers c’mon man get real, the stock price has no reason at all to go up in the short term
Long term though could be freak of the century if I bought at 500 I’d be confident to break even at least in 5 years
I posted that I went short because of
The stock price was falling long before covid19
The market has long been moving toward smaller shorter haul
The power by the hour civil contracts + the current pandemic situation relating in not a lot of revenue resulting in massive cash burn
I think you’ve nailed it with mentioning a reset button. If RR did not rely on such a pricing method as power by the hour they would have been in a position to hit reset like many companies have, and plan for the recovery
Those contracts kind of prevent that, or at least severely restrain then from doing that. Cash flow is king, future order book value doesn’t pay wages energy suppliers or real estate costs
I also use TTM SQUEEZE indicator which is ~80% accurate on weekly and monthly timeframes. It was building up for over a month, then it fired off short on my platform. Momentum was already downward on long intermediate and short time frames, and last week started to pick up more downward momentum
I honestly don’t think this required any news at all
Exactly lol
And blame the dummies who dreamt up power by the hour and never modelled the risk of a global pandemic (despite decades of warning and three near misses) into their worst case scenarios
That’s why RR is capitulating not because I’m short or because of what I post here.
Get real
"Going long on a company which earns 28% revenue from the arms trade and who’s engines power Saudi jets which drop bombs on innocent women & children in the Yemen helping create humanitarian crisis in the process"
Beverley Allitt murders people on the NHS watch...NHS fault, I sell you a car, You use that car to kill innocent people...my fault for selling you the car.
You are truly an idiot Gaz.”
Strange analogy, but I agree, 100%
So how can someone be (faux) outraged about someone shorting a stock? Surely if said person had that much morality they’d be uneasy profiting from any company who’s profits come from death, destruction, pollution, climate change etc etc?
Thank you for making my point for me. I have no problem profiting from companies who profit from the arms trade. Just as I have no problem shorting a stock. It matters not a jot what I do. That’s the market
Thank you for highlighting the absurdity of the original poster that I am “immoral” and that I “shouldn’t be able to sleep at night”
If you honestly think stock in a multi billion dollar company moves because of what people post on this forum then no matter if you are long or short in the money or out, sell your stocks close your positions and give up trading
Dear me
Paranoia extraordinaire
Exactly. Before I posted I was short after I’d been reading posts for weeks. Seems I’ve taken heat off Casa
I just want to say. Long term I think RR will be fine.
I want RR to be fine
I have ex colleagues and friends still working there
I do. It short sticks all the time
I don’t particularly care what stock I go long or short.
It’s nothing personal it’s trading and I will go long or short on whichever stock I think I can profit on.
People may disprove of people sorting a stick, but it’s legal
And as the poster says, what’s the difference?
Evidence of a hard brexit? Seriously?
The last PM tried to run the clock down then this one has tried everything they can not to do a deal then soon after agreeing a deal rams legislation through parliament which will scupper the deal he’s just agreed
All the ERG has ever wanted is a hard Brexit
I voted remain last thing I want is a hard Brexit but sadly I think it’s now inevitable
Going long on a company which earns 28% revenue from the arms trade and who’s engines power Saudi jets which drop bombs on innocent women & children in the Yemen helping create humanitarian crisis in the process
That’s a real funny sense of morality you’ve got their buddy saying I’m the one who shouldn’t be able to sleep at night for being short
Rank hypocrisy. Fair weather morality when it suits you
Nobody took potshots at anyone until they were insulted for, ehm, being short on a FTSE100 stock
Hardly worthy of being insulted over, is it?
Read the posts you’ll see who started the mudslinging the pretend Warren Buffets and the paranoid QAnon fans
Embarrassing taking a persons opinion on a share price so personal
That’s why I’m “sniping”