Member Info for kitty72cg

Thanks cw. US markets are having another down day. Nothing massive but trend the last 5 or 6 sessions is down. I'm of the opinion it'll pop and that's why I shorted the S&P last week. Inevitable the FTSE and its members will follow them down.

I'll take that as an offer of a truce falkland. Accepted, so lets get on and do what's best for the group :)

Cheers Eighty, much appreciated. Had no idea he/she has infected other boards as well :(.

I have just asked him/her to behave and comply with the etiquette required to participate on this board. I know, I know pigs might fly but we must try as I find this forum helpful and educational when used properly.

I know you don't falkland and that's why you'll fail to maximise your profits with RR, and I don't care :)!!

This board is for exchanging views and reasons why, which I have done. It is not for childish challenges and demands for proof when one sells, or buys for that matter.

Fed up exchanging with you but hope from here on in you comply with the etiquette required to participate on this board.

But falkland said December 2021 Red. I'm confused!!

What the one falkland when you challenged me to a bet and asked for proof I sold out at 111?

Me too Eighty but until the US market sorts itself out that may be too soon. Best to stay out and keep your powder dry.

It's also NOT a price to get in at if anyone thinks it's a bargain at 109

No falkland it is not the bottom

Agree cw and that's the experience I've enjoyed up until been challenged to a bet last week!! Good to hear contrasting views, exercises the brain :).

I had no idea WESTCOUNTRY that you have issues with falkland. Me too, last week as out of no where he/she questioned my post that I sold 90% of my holdings in RR when it hit 111. Wanted me to prove it, presumably with statement from my broker, and bet me with the "winner" paying our favourite charity!! Then objected and ridiculed when I predicted that it will drop further, maybe 10%, before it gets better. He/she then went on to predict last Wednesday RR will increase by up to 40% by December to possibly 150. My 10% movement is ridiculed but his/hers 40% is ok!!
Up until that point I've never had an issue on this forum. Always had constructive debates and never been challenged to a bet to prove my actions!!

Simply that it will be dragged down with the pullback/correction in US markets. Remember, when the US sneezes the world catches a cold.
I maybe wrong and it may not drop 10% but that does not make me a doomster!! A 40% uplift prediction is, I believe being a ramper. No reason for anyone to expect that level of increase by December but it appears you share falklands opinion. That being the case pile in and good luck

Svend if you were aware of the history on this matter falkland targeted me last week as a doomster for predicting a further 10% drop before it recovers, this despite him predicting a 40% increase. I simply asked why he considered his position to be more valid. Pot calling kettle black springs to mind!!
This evening he's stated this has been his prediction all year!! Made no allowance for the recent change in macro conditions and US markets heading for trouble!! Beggars belief actually.

Sorry or the typo, should be ebb and flow

Why is someone who thinks the price is going down is described as a doomster and if the opposite a ramper?
Share prices are fluid, ebb and flown a daily/weekly basis. Surely we are all here to help establish a trend for the coming months at least and avoid or minimise loses and protect any hard earnt profits.
The way these two terms are thrown around in a derogatory manner is unfair and creates unnecessary tension.

Falkland just back in and see you've posted your explanation for your prediction last Wednesday that RR share will increase by up to 40% by December. You claim you've been consistent all year.
Well that appears to be the problem. You have not adjusted your prediction despite overwhelming data that indicates this is dropping. After the August results I predicted 130 by end of August and 175 by end of December. The 130 failed to materialise and it peaked at 120ish and has lost approx 10% since then. The technicals along with macro news clearly shows this is going south.
Do not need to debate this fact with you anymore as you've convinced yourself it's climbing. To put this to bed can you clarify what you think RR's share price will peak at next week and what its bottom will be. I think it'll go below 107 and no higher than 111

Thanks cw - the voice of reason!! Only here to make money and if falkland thinks it's going to rise by 40% in coming weeks remortgage his house, sell his granny e, sell the lot and buy at 109!! In other words put your money where your mouth is. I have and looks like you have too.
Good luck next week. Lots of data coming from US so be focused. Going out for an few hours so no doubt will return to see some further abuse has been posted, but with no justification as to why this will go up before it goes down.

Last Wednesday you predicted 130 - 150 by December. Falkland that is circa 40% on Fridays close.
Now if I predicted a fall to 66 then I'd expect to be ridiculed, and deservedly so. Why ramp this share price to a 20 month/pre pandemic high when the a**e is about to fall out of the market?

Hi mrJim and no, I am not a "Doomster". I view this forum as a platform to express and receive informed opinion. I was very bullish on RR since my initial investment last year and suffered when my rose tinted specs convinced me to add to my holding in December and March @ approx 130. Big mistake followed by not getting out when it dipped below 120 last month. Fortunately I bought again in the 90's during the spring so when I got out of most of my position @ 111 a week or so I ago I more or less broke even.
Going forward these next few weeks I believe this will go down, along with the rest of the market coz the US markets are going t**s up. All the technical's say that and sentiment is shifting downwards as they can't continue to have record highs every week!!
Not trying to convince anyone I'm right. Up to each individual to consider the reasons why an opinion is expressed. If you don't like an opinion no need to get mad. I said yesterday Joan Armatrading sang she is "open to persuasion". If someone can explain why they think this will defy the stock market direction in the coming weeks I'm all ears !!
I'm only predicting a circa 10% fall. A 40% increase has been predicted by falkland and no one seems to question that. If I quoted a 40% drop to 66 then I could understand the reaction to my opinion.

Saw that article jed and confirms there is little or no good news out there!! Not sure if RR will need to raise more cash as August results were positive but with another few bad months ahead who knows? If the asset sales do not go through then another Rights Issue will be a possibility. However you slice it or dice it there is tremendous uncertainty out there and the markets do not like uncertainty.
Forget any notion of a 40% uplift in RR's share price before Xmas as someone has predicted. Existing holders can either reduce exposure and buy in later at a discount or have a repeat of March to July this year. I didn't enjoy that ride so got off this time!!