RE: Got just over £10k8 Jun 2020 19:06
Benson, Arps is right about the only real hope of a sustainable rise. The business model will struggle and I think they will need to raise more capital via a fire sale or a placing.
I could see something was happening after Friday so bought this morning for the first time in months, then got worried about it being a trap so sold (too soon in hindsight).
I'm bearish about the markets and don't see this rally lasting, if metro can buck the trend or the markets continue upwards I'll be wrong whilst it lasts - but not for long I suspect.
Lot's of dead bodies on the battlefield here, buying and holding may be fine but you'll need tranquilisers a thick skin and some ear muffs.