RE: 300% profit19 Feb 2024 10:13
"Surely once 300% is achieved you reassess the fundamentals?"
Gotta agree with this - to some extent......
Personally, I set a realistic goal (usually a few years down the line) of what I want to achieve, I make minute changes along the way to keep it 'on track' and then I'd sell when my goal is achieved..... IF the fundamentals didn't show something I hadn't factored in at the beginning of the process.
Hence my £7 goal in Feb 2025. If if get's there and after that point RR announce the reintroduction to the narrow body market and they've got 100% SMR contract (RR SMR Ltd), then I might be a bit of a fool to sell.
That said, taking profits along the way is a good way to minimise risks - to each their own I guess.