Well what gives me a bit more confidence is that all the major listed bus companies fell between 4 to 8% today so not reading to much into it being a First only issue like some. This spiked to 100 only last week and here it is at 77p . Looks like this stock is normally quite volatile... GLA
Thanks yes that's possibly the reason too then. Surprised to see this drop from 88 to 78 in one day though. I've bought anyway so will see how it goes GLA
Maybe the Stagecoach sell has sent a chill though the sector? I think it is related as this, Stagecoach and Go Ahead have all had substantial falls today circa 6 to 7 % !!
I know. Anyway I dont dwell on previous trades I have faith in my position in RR and believe they will recover. Like everything it's about timing which is always difficult. Good luck mate
Overall FTSE down 2% Travel firms are also weaker, with British Airways parent company IAG now down 7%, amid concerns over rising Covid-19 cases in, among others, India and Japan. Rolls-Royce are now down 5%.
Fair enough but these were like 1.30 only recently. I felt like it was shorts closing on Friday as the price was driven down hard. Surely you would wait as you are selling when it's all bad news the tide will turn. Its only a paper loss at present. IMO GLA