Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Thriller40 we are not talking ab out bying back at a lower price
we are saying sell the day before and ride this wave, and if it does go up on the 22nd buy back in on the 24th but at a higher price.
you won;t loose out much, but you might gain a free 5%, it's just a gamble with zero risk as most are well over 200% up on this board now.
Regarding selling high and buying low , I do that with aviva for year to get more shares free. Some times I get it wrong and buy higher, but I sell the day they break even, and wait and buy lower again.
some people won't risk it and will buy back a day later. it's not going to to rocket up and then it drops 2 days after sp always do.
so you loose 5% but take no risk. most of us here are up 200% so selling up and buying back is no risk if you expect it to fo £4.50.
if on the very slight chance result are lower than the market wanted you buy back cheaper.
so sort of a win win selling up if you can be ****d.
Recession is already over !! retail sales jumped in January by 3.4 percent.
Hence the markets going up now, the question is will see see a rate drop in March, the BOE don't want to do it that soon !
I want VERY high interests rates my self , but there you go, I don't borrow money.
"
Never have I ever read a bigger load of twaddle. People are struggling to eat and heat while business is struggling to keep it's profit margins."
we cannot go out on a Saturday or Sunday for a nice meal unless we book. Our local shopping park is full every day, you cannot park.
People have money. but the media like to show us the 12% or so who are not as well off. but than means 88% are doing ok but lets brush over that figure. You get 1st time buyers buying £30k houses !! train drivers on £65k nurses on £36k
Doctors on £120k+ wages rises are above inflation !! thats why our inflation is slow to fall !!! people still spending.
The Stock market is 12 months ahead on any company so a lot of that is already priced in now hence it went up so fast to £3.20 in 12 months
I have a £4.20 target in 18 months myself, always happy to be proved wrong if it's higher as then I am richer.
hence any news which is not 110% above expectation we see drops in any company even on good results.
Not me, My ave was 98p I did buy a lot more at 2.93 and my ave is now 107
but I see this at 420 ish tops and that might take another 18 months, I don;' see this £7 talked about :-) !!!!
I have gone big in IAG now as imo that will also fly at some point and like RR you have to be in it to win it.
for me I see IAG at £2,92 before RR is at £6,40 but thats just my view on it all.
I did sell 50% of my RR shares but still have £200k worth. But I got a free Porsche 718 GTS 4.0 out of them . no point not spending a bit of profit.