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but JBTHISTLE -- you were wrong!!

Again.

and today is no exception. The price is dropping because people are selling it off; probably people with lots of shares and a newer, lower average trying to claw some former big losses back.

Errr...now who would that be? Surely not the ones who were rewarded with the option of lots and lots of shares just recently at the price of 3 pence?

The very idea!

Oh! and where was the s.p at the time of this fortunate (ill-timed? lol) hand-out?

P.s astec123, when I get around to visiting Bristol...just tie the old *****'s head to a post...I will make my decision after giving her a good sniffing over. I am very particular.

And if not...then no attempt at procrastination hand-in-hand with "pie-in-the-sky", smooth-talking, persuasive argument is going to convince the broader market here. Ta-ra!

P.s or piddling amounts of gas sales for that matter.

I do hope so. A recommend from me -- cheers!

What do you find so particularly funny, laughing-boy?

Not being right once yet or your average stock price lying in tatters with the added imposition of it being further diluted even more than what it was?

Oh well...if you insist.

FINALLY...reality has set in.
People are always reluctant to admit they f...k..d up.

Its not as if it has not happened to all of us at some time...done it often before when trading shares. It always stings.

But take heart...it was just a punt...and always was. Can still come good. If the price falls below 3p it is still worth another punt in my opinion.

As long as you realize it is just that -- a punt!!

Oh...and of course...one other thing also: the big boys will try and get out at the top...wherever that is going to be. I guess the trick is here not to get too greedy.

That is the HARDEST thing to do!

Your immaturity shines through JBTHISTLE. I often wonder how old you are?

1. Quote me where I have ever suggested stocks continue to go up in a straight line? I have always indicated the very opposite.
2. What do you call a sustained drop over several days from 3.42 to 3.21 if not a pullback? Hovering on the peripheral perhaps?
3. What on earth has Brexit got to do with the increase in the stocks value over the last several weeks? Or months even. Everyone has been well aware of a "no deal scenario" concerning Brexit negotiations ever since Boris Johnson took over as Prime Minister.

The fact of the matter is I never stated this stock will plunge...I only mentioned the possibility of it doing so. And it still could.

The s.p needs to hold above 3.21...if it does not, it will fall to first support: 3.15; this, if it cannot hold here, to be followed by 3.10...and if no support there then 2.95.

I stand by what I stated yesterday: a pullback to a lower s.p highly likely. Whether after Christmas or before; more likely in the New Year after the next quarterly figures are announced...which will include the Christmas period.

But whichever way you slice or dice it: this share price is not going to get back to anywhere near its former highs in the near future...and not quite for some time to come either. Pullback or no pullback!

And to finish: I was answering in response to a posters question.

But as usually is the case: if you do not particularly like someone else's point of view...you take it on yourself to be caustic and contrary...in the worst sort of way of course.

You really are quite childish. Exactly like Redceo and Fruitster in fact.

Not according to some posters on here...but like it or not, from 3.42 down to 3.25 (with a low of 3.21) is more than just day to day trading.
However, I am still upbeat myself...as many of us are witnessing first hand, being posties, we are now seeing the expected massive surge coming through.
I have no idea what the profit will be from all this come the New Year...but the turnover is going to absolutely phenomenal.

You just cannot admit when you are plain wrong can you?

I will leave it as it is for the moment...it is all here on this page for all to see.

The question was posed by Shaunymac: "What are we expecting next week? Retrace or kick on?"

I answered that question.

The price might well keep rising...and might exceed 3.42 at the end of the week; but in regard to that, I still refer back to my original answer...that being, in the absence of any solid fundamentals: why?

And before I go: what have MrNation's views and mine got in common? I no more endorse his views than I endorse Redceo's.

And thinking back...not only did Fruitster agree with Redceo's ridiculous contention of £5.50 in 2020...but you yourself conceded there was a decent chance that this might actually transpire.

RMG is a sleeping colossus...but there is a long, long way to go yet. Anyone hoping for a monumental rise in this stock over the next several months is going to be in for a big disappointment.

and dropping.

Care to comment, JBTHISTLE?

At time of writing the share price is just above its low of 3.26...that is approximately 16 pence below last weeks high of 3.42.

What do you not understand about profit taking?

And no I will not be selling any of my 8ooo shares anytime soon. Not for at least another 4 years. By then I would hope that the share price would be back above £6.00 a share.

In four or five years time that is...NOT next year.

last line: they SAY it is.

Regarding myself, I have to confess I cannot fully understand why the s.p has risen so sharply over the last several weeks. I understand all the underlying sentiment fully enough when it comes to this new investment in automation and settling with the union (perhaps?) ...but still don't completely grasp the main reason(s) for the abrupt and sudden upward surge in the stocks value. What has changed so dramatically over the last few weeks to warrant such a steep climb?

According to my copy of the "Courier" I received today, Stuart Simpson announces it will be: "our busiest Christmas ever". No surprises there then. And as RMG has already stated that they are on course to make a loss this financial year...then I am only further mystified still.

Perhaps it is because of the "Moonshot" contract?

One thing is certain though. If Royal Mail don't make lots of profit at the end of this one particular Christmas period...then I don't think it is a retrace that will be on the cards. More likely a sudden plunge!

In short. I think that too many investors had got swept up in the former mounting hysteria concerning RMG and the pandemic. Reality may soon start to kick in. After all, nothing keeps going up in a straight line. Eventually, loss warning or no loss warning, people WILL start to take some of their newly acquired profit.

And as we all know by past experience: when the sell off comes, as with any stock, it will very quickly gain momentum. The fear of missing out!

And one very important thing to bear in mind: if this vaccine is as good as they it is...that will be the end of this stocks bull-run for quite some time.

and its not as if the majority of you were not repeatedly warned.

No sympathy here.

It never changes -- typical AIM!!

A mere punt...and always was. Straight win or lose. A gamble.

You buy shares in a company like Block...and "HOPE" that they find something. "Hope", that is. Just hope.

It could most likely be resolved very speedily with each depot organized so the members were gathered together and asked if they support the pay offer through a show of hands...a quick turnaround if it was done in this manner...and no need to send out voting forms.

Although I would be surprised to see the share price drop back much below £3.00 at present, it will, eventually, see a certain amount of profit taking...and thus be subject to a fall in value. It is inevitable.

I would think myself that although the s.p might swing to and fro over the next couple of weeks...come January the big sell off may well occur; been wrestling with the thought of taking profit right now: not an insubstantial amount. But, being tempted to wait a week or two...will probably overplay my hand. Such is life!

But anyone who thinks shares just keep going up in a straight line needs a good swift whack on the back of the head.

Analysts will already be looking past the pandemic...euphoria surrounding the vaccine has seen to that.

To summarize. RMG's present fortunes, regarding the s.p, is all based (fuelled mainly by the massive surge in parcel volumes) upon investor sentiment...but that sentiment can disappear as fast as fresh fallen snow. At some point, and that point is more than likely right now, investors will be looking past Royal Mail...and moving on. Profit secured!

Take your choice: buckle up and prepare for the teeth gritting journey ahead...or start taking profit right now.

But at some point soon...this s.p will readjust back down. Whether that be before Christmas or in the New Year.

Have to agree with 200iq on this one -- volumes through the roof!!

Obviously, over the last couple of days, Black-Friday has had a massive impact (as we all knew it would) and more to come through tonight even. And with Cyber-Monday following immediately afterwards on the back of all that -- even bigger volumes expected!!

I am hearing many tales from many drivers -- from Preston to YDC -- from Warrington to Atherstone...and all saying the same thing: long waits for queuing lorries, and the places absolutely stacked out.

And, as we all know...its going to get considerably busier. A lot, lot busier!

I can honestly say, that, last night was the busiest I have yet to see a Royal Mail depot in just one single eight hour shift -- it was phenomenal -- absolutely manic!!

Somebody has to be making money somewhere. But if not us...who then?

Not received any letter, as of yet, from the aforementioned, OliGarch. Mind you, having said that...I have only just received my free allocation of stamps; which reminds me, I had better ring my dear old mother -- and tell her to use them all before January. Lol!

A clever move by RMG!

Not only will this cover the cost of our pay deal in the short term....but will also add weight to RMG's contention that the present USO now needs modernizing; a brazen but cunning way of bringing it into the forefront of the public domain...and thus politely attempting to force the politicians hand.

Nice tactical move, methinks.

I could also see it getting up towards the £4.00 mark sometime after Christmas...certainly in the £3.70 - £3.80 region.

But who knows...maybe even sooner? But perhaps not. Profit taking on a bigger scale than just day to day trading will occur at some point...its inevitable. And that's despite what some people on here might think to the contrary.

In the short term, the pay deal struck between RMG and the CWU will have a big bearing on the s.p...the analysts will be all over it. After the pay deal, will come the real thorny issue of the terms and conditions...this is going to take some sorting; particularly the small matter of the "shorter working week".

I myself could not give a fig about the extra hour still owed...but tens of thousands of posties do...and they have not forgotten about it either.

There is a long, long way to go yet before everything is sorted out. A long way to go.