RE: RE: Predictions for SP by close of play on 22nd....17 Feb 2024 09:51
"just hope we're not disappointed"....
I totally agree. Shares in general have a funny way of biting tyou in the Ar@e when you least expect it.... Although I do venture outside the confines of this discussion board to glean information on RR I am still heavily influenced by the general positiveness from here. Whether this positivity is adversely biased by peoples individual investments in RR or rather a well informed collective is impossible to judge. I'm heartened that the chartists such as Svend are happy to pile on to the collective positivity with their double reverse swinging upsides countering the marginal downsweeps of the eternal flagulet.....however I am also mindful that in all the years I've held RR it has rarely played by the rules of predictability. The last 18 months or so has been a revelation insofar as the share price has mirrored the positive vibe and unquestionable progress the company has made.... I just hope the eternally fickle market is capable of continuing to embrace what has been a meteoric turn around by Royces both on the 22nd and in the years to come.
I think looking further ahead... even if we are all "wrong" (apart from the odd shorter in the high stakes guessing game...) and the RR SP does not rise significantly on 22nd it has a bright few years ahead (barring WW3 (trump....(what if Biden dies / falls ill just before the election.....it could happen)), Massive recession (how long can the markets be so positive when many people are clearly struggling to afford basics) or even COVID part 2.)