George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
67p......so youre the one who managed to get in at the bottom.
I bet you can run the mile in under 2 minutes as well.
"who is also R &D nuclear engine for space travel "
erm - Try and read back a few weeks RR stopped all R&D to save costs.
Sage advice from an old trader - "never try and catch a falling knife" Patience will pay off. Wait a month or two and things will be looking much better once the vaccines start to kick in properly. There will be a big shift in sentiment! Absolutely no idea what price RR will get to in the meantime, but they will bounce and bounce big.
" I have 67,876.17 " - Erm call me thick as 2 short planks solid snake but how on gods green earth do you hold 0.17 of a share??? You either hold a share or you dont.
RR performance aside - I think one needs to be very wary of the effects the USA political situation up until 21st Jan are going to have on the wider markets.
Impeaching a president wont bode well for the markets in general - neither will any further protests - and it is assumed - If you listen to Moron Morgan that there are further protests planned for 17th and 20th Jan. Possibly a buying opportunity, or maybe a time to hunker down on all shares! Gold always goes well in times of trouble ;-)
"People can question their entry price and their exit price... but unfortunately, none of us have a magic future ball with which to see whether an entry price of £1.35 is good or bad... I still think the market has got this wrong and is not pricing in good news of vaccines etc."
And the fundamentals have nothing whatsoever to do with the current SP?? Remind me again when did RR last make a profit? And why, as a shareholder would be happy having just been made to finance a Rights Issue? Unless youre a long term holder (and if you are then you will be standing a large paper loss) would you be looking to buy for any other reason than hoping to catch a few quid due to volatility. Its neither illegal nor immoral. Blind faith in a share is a dangerous game.
notrader - Very harsh accusations there - with zero substance.
firstly - do you honestly think that any perceived ramping or otherwise on this BB has any effect on the SP? If you do then you are deluded!
secondly - Not sure who youre actually accusing - but there has ben no "trash talk" on here today as far as I can see. Simply a posting to an article which may explain the drop in SP today - Are you suggesting the news story is also made up just to be 100% certain what you are actually trying to say and who you are trying to accuse?
As I posted the link to the story in the first place - I assume you are referring to me as a "paid troll". I am niether - and as quite clearly stated I am not holding RR at present. I posted some technicals on RR a few weeks back which are still valid.
Current SP has dropped below the 110.32 support level (as it did on 21st Dec) - expect 110.32 to act as resistance if the SP moves up - If youre looking for the next support level - its at 101.95 - Which showed support on 23rd Nov.
Fibbo values based on the Post RI Price as follows - Again (posted a few weeks back)
66.50
83.23
93.58
101.95
110.32
120.67
https://www.reuters.com/article/us-rolls-royce-outlook-focus-idUSKBN28S0J5?taid=5fdc85da047c5c0001cbce03&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter
For information - No idea what effect it will have on the SP today. If any.
"Shorting is not only “dead against” here, it’s a repulsive practice by most (for example Elon musk). "
Number one rule of investing is LOOK AFTER NUMBER 1. Sorry, but your comments show that your trades are emotionally motivated. If you have an opportunity to make money then why would you consider that to be repulsive? Whilst I dont short these days I managed to do very well (personally) out of HMV - Keeping quiet with my short positions whilst so many others were stating EXACTLY the same arguments put forward here. "its a great company" "Its British" etc etc etc. Basically - failing to detach themselves from an inevitable collapse purely as a result of being in a loosing position and hating those using their noggins and turning a disaster into an opportunity. If youre a loyal RR shareholder - Then the RI should have been seen as an affront and expression of complete lack of regard for you as a shareholder by the company. Rather than berating individuals for making money in whatever way they feel they can, Id reserve the "repulsive" comments for companies that feel they have a perfect right to expect their shareholders to bail them out.
No idea why there seems to be so much animosity towards shorting a stock on here.
Those who are dead set against it need to realise that EVERY single short position needs a "BUY" at some point in the process.
Shorting is simply a promise to SELL shares to a buyer at a set price. End result is a purchase of shares whether its done by physically borrowing shares or a CFD.
Anyone dead set against shorting (and Ive learned the hard way not to do it) needs to realise that a Short position is still creating a DEMAND for shares.
Hope that helps!
Good article Dinvesotoy.
RR - Out of interest - What prompted you to start investing in RR recently? And with a Spread bet of all things. If you want to sleep easier and have access to your platform on a regular basis - Setting up a covering short is a better way to sleep easier at night than a stop loss. You wont loose money but it will buy you time to re-appraise your situation. Conversely you wont make anything either. But having had a margin call 10 years ago I can tell you its not a nice situation to be in.
"Always stick to the basics when investing , does the company have viable contracts , does the company have diversity, does the company have backing , yes yes yes ,"
And perhaps just as importantly for investors Does it turn a profit? ..... Nope. Did it turn a profit before COVID?.....Nope.
LSE
Your post is pretty factual and honest. One thing youll find on here is that there are a lot of very objective investors who will listen to you. On the other hand there are those who will quite happily give you predictions of share price in RR based on nothing other than the fact its called Rolls Royce (so it must be great) and its British (so it must be great). If you point out that the company hasnt made a bean in 2 years they will blame it all on COVID. There really isnt anything more than sentimentality to their investments or predictions. Its not worth the effort to try and argue your point. Like you I see RR as a volatile stock - which given its status is worrying for any investor unless day trading. Give them 12 months and they will, as some say here - be reaping the rewards of a recovery.....But only if they can hold out and keep paying the electric bills - which given their losses in the last 2 years would cause concerns for most investors. I particularly like the way Tymers says youre "out of your league" and the SP will be £2 next year....Ask him if its such a certainty whether hes remortgaged his house and invested in them at a bargain basement price. Keep posting..........A contrary viewpoint is only seen as being hostile by those with something to loose.
Foxbat
Id have to say that personal trolling is not a nice trait, nor does it warrant discussion. You are correct. I dont know who you are - nor do I have any interest in finding out. I do however see a pattern to your posts - all 54 of them in the last 6 years.
Foxbat
How about you base your investment strategy on your insight and Ill stick to mine. "Theres no chart yet" - Sorry? Dont you have the ability on your share dealing platform to chart? Perhaps you should try using a different one as most reputable platforms will allow you to chart to your hearts content. Explanation for the Share price rise - Hmm it happened about 10 minutes after the Pfizer announcement - so I could try and put 2 and 2 together if you really wanted some explanation but other than that Ill leave you to your own ramblings.
As for the rather puerile attempts to instigate a response through personal trolling - Given you have no idea who I am - Youd have to trawl pretty hard to hit a nerve fella. Although the current posts to date do border on obsessive behaviour and have now been reported to LSE. - Have a lovely weekend.
Foxbat
How about you base your investment strategy on your insight and Ill stick to mine. "Theres no chart yet" - Sorry? Dont you have the ability on your share dealing platform to chart? Perhaps you should try using a different one as most reputable platforms will allow you to chart to your hearts content. Explanation for the Share price rise - Hmm it happened about 10 minutes after the Pfizer announcement - so I could try and put 2 and 2 together if you really wanted some explanation but other than that Ill leave you to your own ramblings.
As for the rather puerile attempts to instigate a response through personal trolling - Given you have no idea who I am - Youd have to trawl pretty hard to hit a nerve fella. Although the current posts to date do border on obsessive behaviour and have now been reported to LSE. - Have a lovely weekend.
Quantum
If youre interested in Charting - Ive tried to do some Fibbo work on the hourly charts since the RI
Support / Resistance levels are as follows:
68.5p = 100%
83.24p = 76.4%
93.58p = 61.8%
101.95p = 50%
110.32p = 38.2%
If I were putting any money into RR - Id be waiting to see a push through 102.00 - sustained for a couple of days and then bale out at 110p for a nice profit. Anywhere around the 94p mark and I'd be looking to set some stop losses.
Quantum
Cant argue with any of your comments. Personally I have no sentimentality or the converse towards RR. If youre in profit then you deserve some respect.
Looking at Tesla is a prime example of how a company cant be valued by investors whilst loosing money hand over fist.
We all have our own personal reasons for investing (or not) and it leads to a healthy debate. Its a shame some people on here cant have a sensible debate and need to resort to snide semi personal comments regarding people they dont even know who hold different view points. It kind of reminds me a bit of the ardent Trump supporters who refuse to listen to anything they disagree with. I wish you the best of luck with your holdings in RR. As a community of like minded investors - the overall aim of these blogs is to offer opinion and mutual support. We are all PI's investing hard earned cash. If I had realised that asking somebody on here why they think the SP is going up 25% next month would cause a backlash from certain individuals with quite frankly zero credibility or reasoning I wouldnt have bothered. However - Your argument is well put and enlightening - so thanks for the insight.
Foxbat
I have absolutely no idea what youre talking about. I havent had a CFD for over 10 years so I dont short. I havent posted on LSE for several years as you can quite clearly see if you look at my profile. I dont hold VOD - and havent since 2009. I hold Barc and am in a nice position LONG on them. Other than that - youre spot on old chap!