That's a very good point - You are correct, It's more painful for the new buyer around the last peak.
The market is very HARSH place of late, you time it wrong with all the hype when a share starts rising and it can take month's Years to get back on a even keel and in some cases never. Not the case here though i do see this doing well given time.
I myself got caught a few times in the hype with penny shares and am still sitting on losses from those trades - in some cases no amount of averaging down can ever get you money back from a bad trade - The market is not for everyone.
I do feel a little pain for those that held on after latest peak. Not sure how long it will be before we get past £5 again.
I'm Confused - Where are all out local 'Doom-sayers' - WE ARE in the RED!!!!!
It obviously means there is going to be due a RNS for a Rights Issue soon - Right!!! :)
Its waiting for me to give up and sell at a loss :)
Maybe, but today seems like a choppy day - so not sure if I’m being honest🙈🙈
Https://www.fool.co.uk/2023/12/04/the-rolls-royce-share-price-wont-stop-rising-am-i-missing-out-by-not-buying/
Another meaningless write up by ‘The FOOL’.
You keep sitting on the sidelines mate, like you have since the beginning of the year, whilst the rest of us enjoy this rollercoaster to the moon🤣🤣🙈🙈
I Should've would've could've sold this am...lol
Good call
On the bright side my losses here are dwarfed by the gains in RR, and to think i invested the same amount of capital into both at one point.
Disappointed is no-where near what i feel about IAG recovery :(
@Ldakmail - It happens to all of us mate, we get caught up in the hype.
Did something similar around the 116 mark and had to buy back around the 120+ mark :)
Whoa - just WHAO … what an amazing day it’s going to be 🤣🤣🤣
Best trading year I’ve had by owning this share z
Well done to all those that had the faith.
@Nettlesthecat - interesting read looking at you stock holdings.
Seems you picked quite a few that I also hold😜😜
Seems like a bit of an over reaction 5% drop will be back up a bit next week.
No idea but something has defo spooked it. Was hoping to dump mine at £3+ guess ill have to wait now :)
It has become a trading stock not a hold currently.
I made the mistake of buying around £3 ish at one point but i bought a shed load more at £2.40. Going to dump it all above £3. Hoping to see that at some point next year :)
The REAL question in my mind is - Will RR. get over £3 first or TRAINLINE :)
Who even are these guys - I cant even see a old rating for them :)
Anything above £3 is all good for me personally, it'll pay for this years holiday :)
If only all investments decisions I made were as good as RR.
And to think when I started buying these stocks I had equal amounts of both RR. & IAG with hopes of both being in profit by this point:).
You win some, you loose some - that’s the market game we play.
I'll book some holidays from work and buy my ticket to the Med.
I will post photo's as proof :)
Don't judge the size of my manhood though - its probably a bit cold this time of year :)
Whao
Amazing to see a RR BLUE in a sea of RED this morning
Well done to everyone who's invested :)