Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
I use Bollinger bands set at 20,2 and Keltner Channels set at 13,1.5 and a good trade on daily/hourly timeframes is to
Prepare when the BB’s narrow inside the Keltner Channels, then when they break outside I bet on the direction of the momentum. I ignore whether momentum is above or below zero, only if it is rising or falling. It’s not a bad set up
Nobody was gloating
You have misconstrued my rational open minded opinion on the share price as gloating
It’s not my fault the majority on here seem to be emotionally attached to their shares
Again, not something I’d advise when trading stocks
If people can’t see someone’s opinions of the share falling, because in their view it has zero reasons to go up, I’m afraid that’s not my fault, nor is it “gloating”
The only reason I’ve heard that makes people think the stock price will bounce is “because it’s rolls Royce” but I’m not convinced markets care. Bigger companies have went to the wall
PS not that I think it will, not would I want it to. Being an ex employee & a British engineer I only want to see the company thrive, and I think it will, this time next year an onwards
Given the pandemic, the PBtH contracts, the little exposure to SA, the cash burn, I honestly don’t see any reason for it’s SP to bounce in the short term
Nobody is gloating. I lost my job in the industry because of this pandemic
I just don’t invest money because I “like” the company or “want” the company to do well. I invest short term, and I think short term the SP has a little to go, only my opinion but one I’m willing to put money where my mouth is
I don’t get why it’s taken so personally. Trading is for grown ups
Nobody here was gloating
All I did was say I shorted it and that I thought it had another 50 pints to go and was called an “idiot”
I don’t understand why people take it so personal. If that’s how they take it then honestly they’re not mature enough to be trading shares imo
I bailed in 2009 and went to work in a different industry then came back to work for an airframer
I honestly can’t believe during that time they have up their stake in the V2500 as it was a cash cow
Didn’t they notice Airbus backed the wrong horse on A380 and that the market was going smaller and demand was shifting away from long haul? That baffled me why they gave that up, there was not enough hours in the day to make parts for that engine
I agree great company, was a pleasure to work there, learned loads, have some friends still there
I shorted the stock not because I want it to drop and not because I think they’re doomed
I did it because I personally don’t think it’s bottomed yet and think they’ll need a rights issue of some sort
I didn’t know coming on here telling people would incur the wrath of some, who take it really personal
Emotion & investing money don’t mix well IMO
“I’ve been invested 30 years” big wow
They’ve a going concern warning in their accounts
They bet the wrong horse giving up their stake in SA engines
They shifted to power by the hour and never modelled a pandemic into their worst case scenarios
I’ve a feeling you worked there and ‘invested’ in the share save scheme and now it’s worth 20% of what you paid in
It’s the stock market, it’s not “guaranteed income”
You sound like some ex colleagues from when I worked there, ass licking, can’t see nor say anything bad about the place, grow up
Why do you take it so personal?
Nobody can say they think the SP will keep falling a little and it hasn’t bottomed out and they are branded an “idiot” and turning the place into a “circus”
Grow up you child stock trading is for grown ups
I’m an ex employee
I have lost my job in the industry due to this pandemic
But that doesn’t mean that I can’t accept the harsh reality. I don’t think someone is an idiot/misguided/the devil reincarnate just because he/she think RR. share price hasn’t bottomed yet
I personally don’t think it’s wise to let emotion get in the way of financial investments
Lot of emotion in RR. chat. Perhaps ex/employees who are upset that years of sharesave scheme has been unwound by covid19
When you can’t take the pain any longer at 90-110 I’ll buy from you with all the money I’ve made shorting it
Who’s the idiot?
Sorry, who’s the emotional idiot ;)
I’ve only been on here 2 days and I can’t believe how many people think that stock prices DON’T rise or fall because of supply & demand
Can someone please explain then what makes a stock price move?
I read one person earlier say something about people sell at the price they want and that sets the price (lol seriously) in that case, if someone here can point me in the direction of someone who is willing to pay 500p then I’ll go and buy at market and I’d really really really want to sell to this person at 500p
I’m baffled