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Along with all the big airliners and cruiseliners also doing this...
They're position better prior to junk bonds because most were highly profitable.
Aston set out to raise this from a different stance point sadly already in the mire
Covid perhaps whilst adding to the anxt has also been its saviour because this kind of fund raising in reality has been made seem more normal.
No one.
Absolute no one here should risk in my mind a single penny that they can't right off.
This is a pure gamble by any stretch of the imagination and can't be based on fundamentals..
I'm in because I haven't stake my life savings and nor would until I can much lesser risk in the next 12 months .
I think we like seeing such a company turn around and again that's why I'm in
I really really like the Daimler connection and ultimately believe now aston will be Daimler Aston Martin at some point...
But I'll be the first to take my money n run if I see any negativity that turns this little bit of hope back to a definite short.
Newbies here ...Good luck..and to the rest of us that have been here battling against the tide even better luck.
I did qualify it this morning.
55 resistance/ support
62 we know is port of call and then zip to prevent 80
But hey it won't be in a straight line
I've been one of the biggest always to say this was a short on a down ward trajectory..
Whilst I'm not over enthusiastic about the course of action taken ....I see no alternative
Merc..im 100% happy with .
The trajectory is up now..
Anyway..dyor ..im following my own ideas
Enjoy the weekend drinkies
.but honestly there's nothing after 55