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kewjosh "Those" ;-P

I am in till 2025 on RR at least :-)

lol you should get out and swallow the loss it's £1.49 now.

I am up another £1700 today.

I just bought another 6k iag

I would say we are stuck here at 140/150 for 3 months.
tempting to sell 50% holding to be honest.

you put £40k in the sipp which you can do each year. the gov a month later put in 25% of that, you then buy more RR shares with that free money.

I am 54, so I might as will use the sipp as I can take out 25% of all my SIPP TAX free at 55.

my ave is 0.98p I am not in buying mode on this, but bigger investors like to wait for the moves to get in knowing it will be £2.50 in 2 years.

the 3p drop the other day when it reached 1.47 was tiny this proves no big sell off. I think you are wrong on this one.
I was expecting a 5% pull back it did not happen.

kewjosh makes no odds on a recovery share the RSI chart, people are buying in now because it's been 2 years going no where and now they have a solid platform to work with.
If you area charter you are better of with FX imo.

now we are in recovery mode all the way to £1.50, then £1.70 then in 2 years £2.50.
great for a sipp where you also gain 25% free stock at the same time.

Not many shouting £2 in 2023 ! , so where do you get that from, I have said £1.70 in 18 months.

Bulk of the money has been made here now short term, I am looking at IAG next for a recovery. and Aviva for the massive div due to carry though this shallow recession and maybe a 25% gain there.

better companies to short, this is a recovery company so shorting is a massive gamble. not worth the risk.

I think it fake, prob a training account in IG, IG will rob his money if it were real money and he has stop losses, they are good at that. if not he will loose a lot of money on a gone wrong gamble.

bidding with money he don't even have. this will be a big loss 10x his punt will have to now get 1.35 ish to break even !

Some times you have to go with the gut and not the charts, RR is a recovery share, charts make no sense on it.
This is a rising share, I was quite shocked the pullback was so small at 147. goes to show this has more legs in it.
Less people got out at the high.

I cannot even belieive this is true no one can be that stupid to have a waited short at 1.39 which costs money to keep day on day.

kewjosh has a 1.39 Short, scary position to be in and losing money minute by minute atm

Fisherking

there was no special div on Aviva, they sold your shares, I got out and bought back cheaper the special you lost money over all. I made more money selling before the date and buying back cheaper.

Hindy86 a lot of people are investors not gamblers.

So happy to make 15% a year in the main for me any more is a bonus.

Don't sell a rising share I learnt that 10 years ago and still do it now and again, these days I take 50% out at 50% profit.
I'll prob only take 25% out on RR as It will be £1.75 imo

IAG is next to go up, big money to be had there next imho.

Not all bad for me on BP, I did buy Aviva at £3.68 with the money, they are 447 today.

SO got out and lost and extra 23% on BP but i thought they were stale, and now up 22% on Aviva so made the same over all and in a Better div stock due soon.

I never though BP would do this that quick after being £4.70 for ages.

sept 21 sell missed the year off.

I never short :-) I do take profit though and buy the dips.
Back in Sept I was selling this at 1.41p when the buy were £1.10

So buy 1.10 sell £1.41 buy again £0.76p sell those at £1.50 why short ? it's £1.47 now !

I am not a shorter too risky in recovery stocks and not enough money in it for the risk when you need a circa 1.5% swing to even break even on a trade.

you are in a short at £1.39 you you are losing this time. I am in now on a 0.98p ave (lower really as got loads of free shares) and I think this will hit £1.70 in 18 months.
Screw the dips who cares ?

you have to sell at some point, I sold BP at £4.68 and made 68% then it's jumped to £5.70 lol after not moving for 6 months ! that's life, some time you don't make any money till you sell though.

RR will go up but you need to hold them 2 years at least from now. no one knows what it be get too.

I was in a share I wanted to make 100% on it, it went to 99% up and I did not sell, a few months later is was 20% down !
I just wanted that 1st 100% win I bet there was only a fiver in it to get to 100% £15k lost. and taken 12 months to get back to 30% up.
YOU ARE ONLY UP WHEN YOU SELL :-)

I think we will see £1.70 in 18 months with RR, why not take 1/2 out and keep 1/2 in.

Nothing wrong with taking profit and a few nice companies are coming to ex div date soon so put 1/2 in them for a 8% return and keep 1/2 in RR.

I will take some profit at £1.50 on RR on some of the shares I got for 70p/80p I do think the market isa bit flat and a lot of people are moving into DIV stock for 18months.

should be a 65p share by now so holding long term it will get there.

It is a big issue the drop in div and CGT :-( but it's £6k- 23/24 then £3k 24/25

Not sure how they can limit isa to £100k when some people have £300k in one. what they going to do force you to move it out ?

kewjosh if it's not down to 1.30 by the end of the week can you leave the forum for ever.

Must hurt losing money when we are all making money. I am >£100k up in 18 months.

looks like you are going to loose your shirt on this short.

How much you made again on this short so far lol and you keep adding , you do like throwing money away.