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After holding this share for what I consider a long time, I decided to sell 1/10th at the 40p mark, seeing as it’s the share that holds about 40% of my portfolio funds I will take the nice profit and if it drops I will reinvest it back in, if not the profit will go elsewhere, I realise that this is the rise we have all been waiting for a very long time and all deserve, i do hope it goes up and up with the other 9/10ths of my holding :)
In agreement with jagger there are a lot of people that have “double downed”, I’m not one but had considered getting a part time job at a supermarket whilst being on furlough of my current job, therefore leading to a monthly pay of about 1.5x a normal months pay compared to if COVID wasn’t a thing
The main reason it stalled was because of the RBL being extended into this month, as soon as the RBL is said and done this will barrel straight through 40 and a re rate that then gets the larger companies to get back on board hopefully take us to atleast £1 before year end
Sorry i think the last thread was responded to instead of a different thread so posting a fresh thread, can someone please answer my orignal post below, thanks
"Can someone please explain if ODEY have a decision in the bonds and a position on the decision for the RBL because my understanding is if that is the case then how can they short the share as surely that is a conflict of interest by having both an inside knowledge and an influence on the share price?
I may have it completely wrong and I will own up to not having as much knowledge as others on here as i am a part time investor of which I have only been involved for just short of 1 year but enjoying the journey.
Thanks in advance"
Can someone please explain if ODEY have a decision in the bonds and a position on the decision for the RBL because my understanding is if that is the case then how can they short the share as surely that is a conflict of interest by having both an inside knowledge and an influence on the share price?
I may have it completely wrong and I will own up to not having as much knowledge as others on here as i am a part time investor of which I have only been involved for just short of 1 year but enjoying the journey.
Thanks in advance
You realise that 55p is near enough 50% reduction. It’s highly unlikely in the position of everything with the vaccine roll out that a company as big as Rolls will nose dive like it did over the past several months. The more likely hood is for it to go up 50% instead and would consider this it’s current low point
All IMO
The highest oil had been in months and looks like it is primed to pass the $58 mark wether that be today or tomorrow!
With Tullow already predicting their results on a lowest price point and that not happening, aslong as this holds up then it’s plain sailing from here upwards
I’ve had it a few times over the past couple of months. One time I couldn’t log on all morning, a quick fix (mobile only) though I found was to force close the app. Turn your phone off and turn it back on again, worked every time so far
@Jon, there will always be better places to put your money when you look 6months back after you have invested it, however it’s also a case of higher risk, higher reward/loss. Take for example this company in comparison to something like ARB. , this company is a far “safer” bet due to its situation and having the price manipulated keeping it where it is before it takes off, don’t get me wrong it won’t go up 200% within 6months, but it will be a healthy return and I feel a lot safer with my money in a company like this.
Then look at ARB. If I had invested a lot more into it when it was at 4p and not sold at 12p then my jaw would be on the floor right now, literally going from 4p to 130p within the space of 4months, however being based off the price of Bitcoin it could have went quite the opposite way.
A positive way to look at investing is that as long as in the long term you make money anywhere above 3% in a year, then your money has earnt more then if it were in a standard savers account with a bank. And be grateful that you haven’t lost money like a lot of people out there do.
My advice, invest more into what you call a safe bet, and put a little bit into the more “riskier” companies. It will take longer to accumulate money but will be a more secure way of doing it.
Quite the opposite to going “wrong” new CEO has and is turning this business from a potential bankruptcy to potentially a heavy earner! Once the SP gathers momentum there’s no telling where it will stop! Anything below 35p is a top up opportunity
It has happened with many companies. There was one a few months back which was an energy company that announced it was going to branch into electric cars (will try and find their name) SO went from 1p and leaked at 42p in the space of 3hrs
Other companies jump up by 200% as well like ARB. Recently, DLAR about 6months ago, Tesla about 700% over 6months,