Member Info for Slim_Shady

3rd squeeze building momentum this is my 1 riskier low value investment as I got fed up waiting for CINE

RR showing real strength less of the crazy volatility up and down in the ticker as has been the case with day traders messing around with it.

Any idea why the market is so buoyant 2 days in a row? - whenever this has happened before a hard fall has come not too long after

Will this be Groundhog Day and 114 the new high then back down to 110-111 tomorrow. Tried breaking through a few times but not decisively holding yet.

Just hit 113.5 and pushed back if can breakout beyond that things will start to get interesting. Not sure what the catalyst is but will take it - if anything thought this week would just be another consolidation one

US extended Canada non essential ban to Sep 21st so feels like Nov earliest for EU as would likely do North America first through Oct and see impact

I think people have finally not lumped RR in with other travel stocks since HY results so hopefully it won’t be as badly affected going forwards. It made a small profit even with the H1 situation as it has a more diversified business than just civil aerospace and things will only get better going forward even if the pace of improvement is unknown.

I know RR hasn’t dipped recently but it is the one you can be most confident will be ok vs IAG, EZJ, CINE etc.

Fundamentally in a few years time all these businesses will be ok as the demand for them is greater than ever and just need to get through COVID.

Yes agreed this in a range just need to jump off at 112-13 one time and then buy back in lower and then rinse and repeat constantly. However if this breaks 113 and moves up beyond that then could run v fast. Anytime you are out would set a buy order at 114 to cover both sides and then cancel when you do rebuy at a lower price.

I am a LTH so not big on short term strategies but seems to be a winning in these COVID times.

I would be careful to invest now and wait and see if the 21st Aug ban on Canadians does expire without an extension and also Jerome Powell from the FED speaks again end of next week which has always driven volatility in the markets in the run up and also after if bad news. As I mentioned earlier will do a small top up at 150 and then a lot more of the market has another correction downwards day.

Agreed and worst case if there is an RI then just buy into it as fundamentally travel will recover long term so will make a profit even if have to wait a few years

RR is showing great strength against the market as all other travel companies in the sector continue to fall. If RR can hold around 111 until ITP Aero and US travel opens then happy to take that.

I have set a buy order at 1.50 to top up as I get the feeling there will be another big market sell off downwards (similar to last one on 19th July) with all the negative sentiment on FED, Delta, China and Afghanistan. We are dripping downwards and I don’t see a positive catalyst coming anytime soon for buyers to step in.

Until I see some results from the Weichai bus trials I am still to be convinced long term on Ceres.

My plan is to hold until climate change conference and then make a decision on holding longer term - hoping Ceres would have some business updates by then to show they have scalability and proven results with 3rd parties.

This would be a bargain at £1 after solid results and I would happily top up again as this will inevitably be a lot higher by 2022/2023.

Thought the drop today triggered also by this:
https://www.google.com/amp/s/www.forbes.com/sites/alexledsom/2021/08/07/euus-travel-eu-set-to-discuss-reapplying-travel-restrictions-to-us/amp/

US has got a battle on with Delta due to so many unvaccinated so unlikely international travel will open up for a while for them.

Solid hold today considering all the turbulence after results and all swing traders sold off.

Lucky agree with all your points esp China playing games to bring iron price down even though they need steel. I think the iron ore bull run still has a yr or two to run and Fxpo should benefit with its 65% Fe so hoping for some steady accumulation upwards going forward.

If this can hold anywhere between 110-112 it has been a solid week esp as the rest of travel sector is down today as well. It will take a while before people aren’t worried about potential bad COVID news over the weekend.

Interesting debate on day trading I think a lot of ppl have got lucky in the last year that COVID has gone back and forth so many times you can’t really lose as can always retrieve a mistake by selling on gains / holding long / averaging down when required. You need to be careful though and have a clear grip on technical analysis when markets are back in a normal phase as these are the best indicators for day trading.

Main takeaway I took from this is always keep some cash spare as am sure there is some crisis round the corner (e.g. Fin Crisis, COVID) to make a huge profit on and easiest way is on the S&P 500 straight after the crash.

I wouldn’t worry too much now the RR results are out and solid they can’t scare ppl out anymore. This could rise slowly or quickly but no doubt it will rise.

Yeah I know the drill it is there aim to annoy regardless of the day. What gets me is clearly most people on here have done DD and are LTH so this isn’t the first rodeo and just buying in.

Best thing to do is just filter out these trolls with no substance or anything new to say as most others have done already.

Wow even on a good day this board has so much negativity. This time yesterday anyone would of been happy with flat SP today and damage limitation results. Instead we have solid results and have back and forth about 90s which is not relevant today as no bad news. Time to switch of the day from this board.

RR dragging up the market those aren’t words that have been spoken in a long time :)

Rest of travel sector is flat so this is pure results gain as well.

Think ITP Aero gets us to 130 then international travel further up after that