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Just read the trading update from January and they clearly state that they are expecting to turn cash flow positive in the second half of 2021. They knew the lockdown was going to be extended and the big investors know it aswell. Everything is how they and investors expect it to be. Just read their press releases in February. Amazing things going on within the company, new ventures, new contracts - on track for restructure, covid cases down . It’s only a matter of time before this takes off.
Back to where we was 1 week ago. I expect this to reach 96 tomorrow. Oversold today for no apparent reason. All markets down. No flying is already factored into the share price, that is why it is already so low. I am confident we will see £1 again next week and keep ranging until good flying news.
@trading places 69
I am not waiting for any news to rocket this price. The same people talking down another stock I was invested in are now doing the same thing here. This stock then went higher randomly. That’s another reason I feel something big is coming. It’s not just a news that rockets a SP. the higher powers that be and massive investors have the biggest impact on SP. not the news. Time will tell. May be more than 2 weeks but I know it’s close. It’s not about if but when. What goes up must come down and vice versa. It’s had a big drop over last few days and can’t see it going any further . It is due an increase. I’m almost certain tomorrow it will be 3 or 4 percent up for starters.
I feel this will hit 1.20 in the next 2 weeks because of everything you have just mentioned and more. I feel there is a sense of normality on the horizon. Everything is changing day by day and investors will slowly build confidence in RR. I don’t think it will be a massive jump but more of a slow recline. Same thing has happened to me before. So much good news on a particular company but no change in SP and investors like us feel disheartened then all of a sudden few days later it starts building momentum at random moments. It’s a great company that was at 110 on the decline just 1 month ago. Personal opinion is that it is at its bottom of the decline and will make its way back up to 120. I have a great feeling :).
They only do it on the negative days and the quiet days. They say things that make you doubt your position and make you think that selling now is the right thing to do before something bad happens like 50p. When in reality it is quite the opposite. I can see this hitting 1.20 within 2 weeks. Heavily invested with 90k in this. Using a lot of my profits from BOOHOO as I ignored these idiots back then and I will ignore them now.
Talking from my experience , the same people on this board deramping this stock are the exact same people who were deramping BOOHOO. After days of them deramping boohoo the stock went from 313 to 370. These same people then started ramping the stock. I am taking this as a sign that this is about to fly because they are now doing the same thing with this stock. I don’t know what their game is but they did this last time just before it shot up. Towncalledmallice was one of them.
Harchris, your mom is a nobody. Are you one of them guys who kept waiting for 4.50 while the rest of us have bought and sold 3 times making so much more . Don’t be bitter, about other people making money. Harchris the hater.
P Moran I have already sold my small holding of 39,666 shares so thank you for that. It is my opinion that this will drop further in the next few days just like it did last time after results. Will drop to low 3,s. It has been rising so fast up to results so it is due a bigger fall than just 4%. Don’t get me wrong , great company to invest in but so volatile. I love it as it only gives me a lower point to re enter and make another few quid when it makes it way back to 4 again.