Member Info for Slim_Shady

Market overreaction i think as scientists / govts being much more cautious and firm to make decisive moves with any new dangerous variant. If you remember with Delta it was circulating in India since end 2020 and they didn’t stop India flights to UK till end April 2021 so had plenty of time to spread easily.

Hoping by being more decisive this time can reduce spread although this is a reminder that we need a vaccine that is affordable and effective for whole world.

Never know with these after hours trades. It is not marked as an uncrossed trade so lets hope it has some impact.

https://www.google.com/amp/s/abcnews.go.com/amp/Health/fda-authorizes-pfizer-moderna-boosters-adults-sending-process/story%3fid=81139143

If it was this then no wonder they are falling back quickly as won’t move the needle that much immediately

Any idea what is the reason for the sudden spike?

Falky was just picking on the downside scenario of £1 and my thoughts and tbh don’t see 1.50+ either as between 1.20 - 1.45 is most likely unless surprise news comes in. Post results next year will then jump to 150+

BotBot I don’t think a lockdown of unvaccinated works hence Austria have now gone full lockdown. It is difficult to enforce rules unless you go full hardline and you potentially alienate full sections of society who may take an even stronger resilience to not take the vaccine.

Falky I know you want to buy back in cheap but saying this is going back to £1 is a real stretch. Covid is on its way out - people just need to learn to live with it and US and UK are actually holding on pretty well atm.

Govts want to use lockdown as a blunt tool to mandate ppl to take the vaccine. I am vaccinated and see benefits but dangerous for society if they force ppl to take it. We are in a far better position than last winter so people are not going to accept a lockdown for more than a week or two at best in worst case scenario.

Could only see RR going close to a £1 if we went into lockdown over whole winter which won’t happen. RR has no RI issues unlike IAG which is much more of a worry.

Suggested buy time is after Winter Olympics and prior to FY’21 results

CW any idea where the RSI is sitting atm?

I think the drop is that the run up from c134 to 150 was over cooked as SMRs are not impacting the results anytime soon.

If there is another lockdown will be a royal mess up by govt as there are tons of prevention measures to avoid this now. Deaths and hospitalisations are holding ok.

Will we ever hear the outcome of Weichai trials? - apologies if missed this

Just get ready to load the boat ahead of FY results next year as the great progress RR is making will come to light then. Until then we will be controlled by HFs just need to buy in when oversold and then sell a little when it runs too high of minimal news.

RR is a safe share to trade as ultimately you can’t go wrong as longer term this will reach 150+. If you jump in at 1.47, 1.43, 1.38 etc you won’t lose money as long as you don’t sell. The downside is it will take longer to push up than other shares.

If you want quicker day trading by the minute returns then RR is not the best share to pick. There are plenty of shares on the US market to choose from for that as the manipulation is way worse than UK due to looser regulations.

This is walked down on thin volume again. You will see this time and again on RR - a big run up when volume piles in and then HFs walk it down as soon as the volume reduces.

This could go back to 130s if volume stays low going forward. Sadly it is manipulation but RR is quite minor relative to manipulation in US stocks.

As soon as this didn’t break 150 it was always going to retrace and consolidate in 140s. Good news is we are mid 140s even when IAG back in mid 160s. Shows how far RR has come from a few months ago.

Market is very hard to read now as seems every other week HFs target a sector they want to hurt badly without any real news. Covid is under control now with vaccine and anti-viral pills so don’t see travel falling of a cliff again just need to add in small amounts when RR is oversold unnecessarily.

Spot on CW they played that game perfectly in Aug when they ran RR up to 120 on no news then back to 108 before big ramp up again on actual news of US opening up and ITP. Ever since volume started to drop a week or two ago I felt a drop coming but thought with COP 26 and SMRs there may be a positive catalyst in the mix but wait to be seen.

All the US shares linked to COP are going ballistic at the moment such as Tesla, Lucid, Plug etc so hope some of that translates to RR as they are in the mix with SMR.

Ppl should remember RR is never meant to be a quick runner it is a solid share that will grow over the long term. This would be a core portfolio holding as if you are looking for speculative plays plenty daily on the US stock market. I still do regret not buying more Microsoft in the summer in my core portfolio as lot less pain than the FTSE road to nowhere most of the time.

RR volume has dropped off to back where it was in early Sep pre US opening and ITP positive news. Easy for HFs to walk this down while ppl seek quicker returns elsewhere.

Hopefully get a bounce form COP26, SMRs and US travel opening in early Nov but the big catalyst will only come in next set of results.

Can’t see a v big run in RR until next year unless some unexpected news comes out the woodwork like big maintenance contract etc

This is falling on thin volume so any step in from buyers will move this up again quickly. No need to worry though just having to consolidate the big gap up it had from 120 now it broke down from upward trend.

Hopefully SMR update will come soon but the big catalyst will be next set of results for RR so will take a while to move up. RR is solid though post ITP Aero sale and other recent deals it has done.

RR is a better buy than IAG atm IMHO and I do hold both of them. IAG cash position still shaky and there will be concern on potential RI until Q3 update at the start of Nov. RR is being held down by market sentiment rather than big inherent risks.