Just think of those that bought 30 mins ago will now be running a 40% paper loss. That’s where things get difficult and the doubt starts to creep in.
Obviously there has to be some profit taking, it is justified. See how it plays out for the rest of the day.
I do think it is best to be realistic though, private investors have no bearing on the share price so… if you are happy with your profit, take it. Things can change with any stock. Paper profit means nothing until it’s realised and believe me, it’s easy to get sucked into thinking something will keep surging. May be it will, maybe it won’t. Truth is nobody knows. GLA :)
Paper profit means nothing. Well done for selling. Make use of the money you have made and don’t get greedy. Greed can often end up in disaster. Yes it could go up more today (probably will) but nobody knows where the top is or when the big investors will take their money. :)
All we keep seeing is the same dribble day in day out. Rolls is quiet for now and some of us have been here a long time. It’s ok to have an unrelated topic every now and again of other pretty big events and other stocks. If I comment on that board the people I want to see it won’t have seen it.
So basically, if you see a headline topic that’s unrelated to RR, don’t read it. Nobody is forcing you you. 🙂
It just keeps getting stronger and stronger. It just feels like there’s a huge rug pull coming hence why I just can’t press the buy button. I really want to but can’t do it lol. Yes, they have discovered more helium but they still don’t know if they can extract it yet. There will be some very wealthy investors this week.
Put on a post earlier I’m tempted to go big on this but I got stung before and luckily sold out 2 years ago break even.
For you lot, what is your sell price?
I know you are well aware of the risks so at what point are you looking to exit.
It also depends on how much you put in. £1000 is worth the wait. £10000 in you will now have a total of £45000 and that’s a lot of money/profit.
I fully agree, staying in is definitely worth the risk and a strong argument for it. But so is taking your profits. See too many times people get stuck in the hype only to be left disappointed. Let’s not forget. It’s also Friday so after 160% rise this week there could be some institutions taking profits.
After such huge efforts they h.o do deserve some reward.
I don’t de-ramp. I’ve simply said if you’re happy then take it. Some people would want to remain in and that’s fine too. But all I’m saying is it takes one bad RNS and it doesn’t just drop 10%. It’s more like 70%.
That’s my opinion. I think it’s valid.
It only takes one RNS of bad news and it’s all gone. If you are happy with your gains then take it. Think how you would feel if you lost all of it. It’s a high risk/reward stock so just take that into consideration. Easy to let it ride thinking things will continue.