Member Info for AndItsGone

Thank you for the advice. Ill wait for tomorrow for 75p then, for a minute I was concerned all the IIs and PIs weren't going to mass dump their shares. Your right 75p will certainly be a lower entry than me.

So I logged in today excited to buy my shares anywhere from 45-70p like paddy teddy and Rick advised.
Apparently all the pis and IIs were going to on en mass dump their RIs shares today.
What happened?

45p though!!! Amazing. Why would anyone have bought a single share the last few weeks if it simply halfs tomorrow!?!Absolutely mindblowing logic.

To roydon and the other LTHs. Well done on holding your nerve and thank you for posting and keeping others with some persepctive and hope. I'm invested well above 2 pounds and held all the way down to a pound. Admittedly I was questioning myself last thursday. I was thousadns down. If i had listened to the majority on this board I'd have crumbled. It seemed every day casa was right.
But I shouldn't have worried. The world will be flying again next year. I suspect the volume will be massive people aren't naturally locked up. Vaccine news is weeks away. Even an overweight 74 year old trump walks away after 3 days saying what's the fuss. The worst is nearly over.
RR is a world class company, that can make miniaturized nuclear reactors to wide body engines. Some of the most difficult complex things on the planet. 10% the value of Ocado??Give me a break.
I'm also pleased for the employees. I know people who work there and the morale has been rock bottom. Brilliant clever people who have been taken to the brink by the virus. But they will return and it's clear investors are starting to see that.

Buying in today, I'm sure you'll be fine in 2022 at the pub, so long as your out by 10pm

It looks like I'll be in until 2032 at this rate

Rick I admire your positivity, but talk of a dividend at 10% with the bank balance shot to pieces is nearly as funny as my investment is sad.

10+ year horizon your 1.03.avg should be ok. I still think they can't go bust. They make propulsion for trident submarines, its hard to imagine the government not supporting them
But then what do I know, I'm nearly 50% down right now. A painful day. Should have listened to toff casa WAM et al, they consistently call it right.

I have been impressed with WAM on this board. He made the call of 80p and he/she virtually hit it. I didn't think it would get there.
But surely SP is more or less at the floor now, and there is value here. The logic of October 7th all small PIs will sell their shares en masse because they thought a RI would make them rich, crashing the SP, is a real stretch of the imagination paddy. People who have made enough money to invest in significant amounts surely wouldn't be that stupid.
It may drop a little, but this must be the worse time to sell. AZ rolling assessment by European regulators of their vaccine and rapid testing starying at Heathrow, potentially opening up some routes to america, will surely have some upward pressure in the next couple week's.

Far better really for casa if he's a little nervous to wait until it's sorted.
Frankly if I could have the time again that's what I would do, would be less stressful.

Thank you for poitning that out. I get RR credit rating is junk. If everything was fine, then we wouldn't be at 1.30 right now.

My point was if you can't invest now because it's to risky, the logic of investing when it's twice as bad seems strange. For RR to get to 70p and below the company would be absolutely on the brink, anyone pumping serious money in at that stage would be extremley brave.

But for it to get to 70p RR would be virtually finished, with covid zombies and whitty as prime minister . Why buy then? You make it sound like it's total junk now, so when it's twice as bad as now, then you would buy? If your so risk adverse come in at 2.50 when everything has been sorted.

I'm invested at a much higher amount.

I'm holding as I still believe in the company, and that people will fly again.

I cannot seem to find an easy answer to this question. What happens to shareholders if a company is nationalised? Do I have to look at RBS/Natwest for my answer?

I bought in a very long time ago, way above this price. Should have sold earlier but believed in the company, their ability and what they do. Friends and family work there...and they are some of the smartest people i know.

I got this investment wrong, and i never thought we would sacrifice everything on the altar of a disease that has a 99.5% survival rate. Most people don't even know if they have it. If they dont change to a policy of prioritising the vulnerable and the rest carrying on, the country will never recover from boris, vallance and whittys all must stop approach.

I will probably hold for now, I think the remaining thread of hope left for shareholders is AZ Pfizer and Moderna, who should have results available mid to late October.

10p entry price??? Incredible. Anyone buying in at that point would need gigantic stones, RR would be worth about the same as ted baker.

Apologies i presume you have ftse 100 etf, that may well prove a wise decision. Calling everyone who doesn't a Muppet then calling for calm is a little ironic mind

Grayling do you really have a >100 holdings portoflio? Congratulations that really is diversification. I'm not sure I know anybody quite like you with that investment strategy.

https://www.bloomberg.com/news/articles/2020-09-22/pfizer-s-covid-vaccine-trial-plan-may-beat-rivals-to-early-look

It could take some stones to wait until Oct 7th to buy in for the ride back up. Bloomberg are reporting that analysts say Pfizer could have enough data any day from Sep 27th onwards.

With cases rising everywhere it's actually accelerating how quickly vaccine companies are arriving at the numbers required for statistically significant results. AZ and moderna are not far behind and are likely to report in October.

I see. It would seem a little reckless to do that but i shall take your word it.

Why would it be in the underwriters interest to en masse dump their shares on Oct 7th, driving their own sale price down? Would it not be better to hold for a couple weeks for vaccine news?

Shareholders have kindly been offered an avalanche of advice from shorters to sell over the last few months. They have been right, I was wrong and have paid more than i needed to for my shares.

I feel I should return the favour. You may make another 10% or so in the next week, possibly two. However i would make sure those short positions are closed by early October because it will be the month the US/UK/WHO announce vaccine approval, and even if only emergency for the vulnerable, there will be a wall of money flying at this share