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Agree cw. Jed I think a lot agree with your sentiments.
The catalyst for this exchange was when I stated the manner of the withdrawal is ludicrous and that any geo political turmoil creates uncertainty in the stock market.
This is not going to end well and this coupled with the Delta variant delaying long haul flights to the US will impact negatively on RR share price. Only my opinion and I was predicting 130 hare price by end of August after the results a couple of weeks ago and 175 by Xmas.
Now I think its peaked for until the above 2 issues get resolved.
Great advice cw - much appreciated and will be heeded!!
Can only imagine how you're feeling as ex force as all bar none that I have spoken to are furious, as I am. Implications go far beyond stock market volatility.
Thanks Pax.
Truth of the matter is I'm too nervous to buy anything at the mo for the reasons stated. Had such high hopes for RR, particularly after the results but it cant kick on. That's not to say it won't but when I see a 3% + fall in a day I get PTSD and think we're going to revisit the 90's, for no other reason but market manipulation!!
Hi Botbot.
My watchlist is biased towards the travel and leisure sector although I have Lloyds, BP and RDSB - all performing miserably and waiting for a time to buy in. Like everything at the mo it's too volatile.
IAG, EZY, National Express, Wetherpoons and Marstons are my other shares. I don't understand why the two pubs are so low and volatile as they're fully open yet way below pre-pandemic levels.
Hi Thebuyer and thanks for reply. Nothing out there to indicate an improvement in the coming months is based on the Delta variant is not under control, particularly in the US. The Afghanistan debacle is an unknown as to the consequences for the markets. One thing for sure it's not good and you have to worry when CNN and Fox News agree on something!! If Biden gets removed or there is a serious attempt to do so the markets will suffer in my opinion.
There are scores of undervalued shares out there. I was tempted to buy Lloyds at 46 not long ago. Glad I didn't. Where is the bottom. Tui is on my watchlist but that just keeps falling and may breach 300 next week.
If you click on the Home page at the top of this page, and then the FTSE 100, it'll take you to the BB.
Not as many contributions as here but good and informative comments. From a trading perspective I've found the index better than any individual share.
Yes the FTSE 100 index.
You can get it on a tracker fund but I'm in on my CFD account. Can be a hairy ride but I trade it daily and it goes in waves. The trend is up so I'm making hay while RR consolidates and I'm hoping that my profits in the index can be rolled into RR before that takes off.
Cheers Jonny and good to know Nettles was/is even more enthusiastic than me!!
Another investment I'm in is the FTSE 100 index and have posted on the BB thereto. It's so undervalued and is ticking up nicely.
Yes RR still presents great value. I just need to lower my expectations that this will rise at the pace I predicted - 130 by end of August and 175 by year end. Will hit these milestones but I need to be patient!!
Don't see many other shares that have so much potential other than Tui (which I have) and IAG.
I have been too optimistic by stating this would hit 130 by end of August. "Rose tinted specs" I think. Underestimated the impact the variant is having on the US airlines and cruise operators. Cancelations left and right along with poor vaccine uptake have delayed the progress I anticipated.
Will come good but time frame is in the lap of the gods