Member Info for Beachfeont

Meant to read "break through 86p,and then what?"

I bought for a short term gain,ending up being a long term holder, as I've never been near profit from day 1, despite averaging down heavily. The usual downside seems to have returned, despite previous 3 weeks of steady gain.

Not really. 85.2 would have been better. That said, everything is up today, RR down by an increasing percentage, against general sentiment. I would love your optimistic claims to be true, but even you have to admit you got it wrong on numerous occasions the last several months. Sliding from 92p this week, would suggest a change in recent upwards trend unfortunately

I'd agree.brwak through, then what? 70p just as likely as £1, almost right in the middle currently. I should have sold 30% earlier this week, and absorbed a tolerable loss

You said this constantly 3 months ago, "never going below 87p" just before it dropped in a constant slide to the 60s.

You said this constantly 3 months ago, "never going below 87p" just before it dropped in a constant slide to the 60s.

Yep,quite the opposite

Strong rise last 3 weeks, albeit from a shamefully low base.

The constant, obsessive ramping from 1 (2) posters, usually leads to a sharp and constant decline back to recent lows. Tiresome indeed

Only need a further 27% uplift today to make £1 as predicted. Dow futures looking grim, oh well. A steady drift down next month is the usual post results pattern here, at least the last few weeks were positive.

Post from yesterday- " 83p approaching, let's get £1 tomorrow." Sad really.

Reached 90p in run up to last quarterly results, before dropping 25% in the month that followed. Similar routine last year, up to 148, then down mainly since. Trend looking up currently, but either way tomorrow would be no surprise.

Just filtered another loon and his constant vitriol

WTA just happened? RR same thing, same time,no hope anywhere short term

Averaged down 3 times here, giving me a much bigger position than I'm comfortable with. Still 33% down with no sign of upside. Despite enduring covid, brexit and Ukraine impact, this is the worst time to be invested here, and or anywhere else. All this bull about it'll be X in 23/24, average down, great time to buy bla bla bla, completely deluded. Even the most persistent ramper, if invested, must find this a very frustrating and uncertain time to have anything in RR or elsewhere.

23's incoming, far quicker than I expected.

Heading to 24's- time to buy back in, or wait 'til 22's?

Potential to work well, if you buy in low, and don't see the stock lose 50+ % in the 1st 5 months. Also, if you can avoid stocks that continually go down, constantly reach new lows, and fail to surge on loads of great news. I used to trade Lloyd's around £7- £7.60 level, I don't ever see it being back there in my lifetime.

No doubt it won't be long

You're Mike

I wouldn't be confident 80p would be the bottom. Mate of mine sold at £22, I bought £16.40 expecting a bounce. Been 1 way ever since, except the odd bounce of little consequence