I opened a short at 2.79 and have added again today at 2.69. I'm trying to build a position over time. I take a long term timeframe. Im using this as a hedge against other positions I have. My personal view is interest rates will go up sooner rather than later and the likes of ROO will get sold off. Just my view. Good luck whichever way you want this to go but I'm using as a hedge.
Goldman said 390 now Berenberg 310 its all guesswork. I do agree though this is due a little relief rally to let the shorters load up before it is driven lower.
Caitlin said it "shorters dream" its Aston Martin all over again, only this time the fundamentals are screaming at you. I think the dead cat could get to £3 in the next couple of weeks. Im looking for £2.90 to add
You can't compare Roo to Facb. The internet was in it's infancy and Facb was a unique business model that no-one could understand. Roo is not unique and has competition. Amzn could lose a large chunk of their money and it would not make the slightest difference. My personal view is that once the boom comes why would I ride a bike for Roo when I can pull pints in a pub. Roo can not control their workforce and its the riders that make the money for them. Just my thoughts but good luck whichever way you want this to go
Seattle, I agree with you. I purchased more to increase my entitlement and have tried for the extra 0.81 ish although I doubt this will be filled. This budget is a major buy signal for UK shares. This level of borrowing is unprecedented. The FTSE 100 will lag due to constituents but small caps will take off. GLA
I averaged into HFD a while back tucking away in a SIPP. Personally I see their investment into electric vehicle servicing as a massive game changer for HFD. There's not many garages out their equiped for electric servicing and HFD could steal a march here and become a big player. GLA