Member Info for Jamesparsonage

Seems to be struggling to hold onto its gains, as does rr.fra so tomorrow may not be the dream we are hoping for. I so think the new strain and huge infection rate will cause a headwind, question is how soon the astrazeneca approval will come through, will probably sell shortly after that.

I think it depends on whether astrazeneca is approved on Monday before markets open. If so i think 1.35 realistic, otherwise my guess is it will settle around 1.25 on Tuesday. I have an automatic sell at 1.30, at which point I’ll have made a decent profit and I plan to move into BP, which I feel has a similar growth potential over the next year but is less risky and also currently pays a dividend.

Nice story from 7pm on 22nd..

Brexit press conference expected at 8 am btw, might want to get out of your short position fast

5 hours sleep and posting old news pretending there is new brexit trouble, getting worried about something Whitey?

If anything makes me confident about a stock its people posting out of date newspaper articles to deramp

My understanding (correct me if im wrong) is that the 23rd is the last day of trading until the 29th.

Gives a real dilemma as to whether or not to get back in. On the one hand the feeling seems to be that astrazeneca should get authorisation on the 28th or 29th, but on the other hand all kinds of bad news could happen between the 23rd and then, including no deal brexit (Boris seems to have a habit of making tough decisions when markets are shut..)

Thoughts? Go back in or wait to see the lay of the land on the 29th?

Except he didnt really come down to 35, as barnier made clear, as it didnt include pelagic stocks, so was more like 60 percent. I really hope he caves but I am not convinced its a certainty any more

Source https://www.rte.ie/news/brexit/2020/1222/1185975-johnson-von-der-leyen/

I wouldnt hold my breath for a deal today
https://www.challenges.fr/monde/brexit-barnier-va-informer-les-ambassadeurs-de-l-ue-la-peche-bloque-toujours-selon-des-sources_743173

5 year transition and 35% reduction, pretty much meeting halfway

Did the opposite, sold out at 109. If you had told me this yesterday I would have been gutted at my loss, but compare to 8am this morning I am ecstatic! Will wait for more certainty on new strain and brexit before reconsiderinf

In fact just bought more at 97p

At this point i may as well hold, OUCH!

My current thinking is that tomorrow at 8, if the price is above 1.10 I’ll get out till the heat dissipates. More than brexit or travel ban my fear is the lack of reassurance that the vaccine can deal with the new mutation. The chief scientific officer talking about a number of mutations on the spike (which a number of the vaccines target) has me concerned, as a second outbreak that cannot be controlled by the vaccine would be the one thing which imo could kill the company. Whilst I find it unlikely it’s not impossible.

I do think once astrazenica and brexit are sorted in the next few weeks the price should go up again, and I may reconsider then. But right now its getting too hot to handle, just need to get over the fact that I will be selling at a loss.

If it absolutely plunges on opening I will probably just hold and hope.

I don’t think we will get brexit news today

It is becoming more and more clear from the news that the UK (Boris) wants to create a narrative that we are close to failure in order to sell the deal to the conservative party and push it through at the very last minute with minimal scrutiny. I think the EP sunday deadline is an absolute gift to them, as the heads of state have already said they will bypass the EP if necessary on a temporary basis, so to miss the deadline would play perfectly into the UK narrative. I could be very wrong but I strongly expect a deal to pass between Christmas and new year.

Good luck!

To be honest I’m kind of hoping for one last bad day, I get paid on Monday so would be nice to be able to put this month’s savings in at a lower price!

Rr101

I’m in a very similar position to you, got in at 88, sold at 130 on brexit uncertainty, then foolishly bought back in at 121 when a small rally coincided with some positive brexit news coming out, so I thought the big rally was on..

I nearly bailed yesterday, as though its a hefty loss from this week I am still in profit overall, but tbh I’ve decided to hold in, as I don’t need the cash right now, and even though I think £2 is a tall order I do think we should see at least 140 at some point over the next 12-18 months, as I don’t believe the pandemic has crippled rolls royce as a company.

What has helped me is deleting my investing apps from my phone and only allowing myself to check the share price/these forums once a day. I have an automatic sell set up if the share price goes up a certain amount, (which is looking less and less likely), and I have come to peace with it dropping to £1 in the short term, so no matter how tempting it is there really is no reason for me to stress and watch the market. In fact had I not been watching and stuck to my initaly automatic buy at 115 I would be a lot better off now!

So yeah, I think the key is to try and accept that it might take a while to recover, and try and force yourself not to check too often. As a teacher, it’s my first day of holidays today, and I know I don’t want to waste the break staring at a share price all day..

Arms999, i did pretty much the same, sold 130 bought back in at 121, regretting it now tbh but there we are. I do think there will be a brexit deal which will push it back up, and by all accounts the new strand of covid has the same protein spike that the vaccine targets, so shouldn't be cause for alarm. My own feeling is that assuming the above works out we should be back to 130ish by mid January, but I can't see it rocketing until there is actual positive cashflow

Back in at 121, almost certainly FOMO, but it seems a deal is looking increasingly likely now that we are looking at mechanisms of divergence rather than principles. If there is a short no deal before ratification I don’t think RR should be too affected

I admit I know very little about share price movement, but I would be surprised if people started leaping in on talk extension. Whilst I wouldn’t trust anything coming out of no10, the EU have also made the claim very recently that no deal is the most likely scenario, and I don’t get the sense they play quite the same media games as the UK do. There does seem to have been a shift in rhetoric from the uk about the mechanism for tariffs due to divergence rather than the principle, so in my heart of hearts I think there may well be a deal in the end, but I wouldn’t go betting the house on it, and I imagine most investors would feel similarly. Have a flutter by all means, but I would not read this talk extension as a guarantee of a deal