Member Info for Slim_Shady

Does anyone think this may drop a bit lower ahead of ITP news on Mon on potential a deal is not agreed?

Will be an interesting few days in global markets seems Evergrande may buy themselves a lifeline

https://www.google.com/amp/s/amp.theguardian.com/world/2021/sep/22/evergrande-vows-to-meet-first-debt-deadline-allaying-some-fears-of-collapse

I will be interested to see if ppl buy up RR before ITP Aero update on Mon. Just make sure to remove any stop losses if this Mon was anything to go by.

Cool off at 120 as expected if this can break through and hold can run up very quickly again as next to no price action between 120-130 this year

Jim - agree so much good news for RR already last week with small cash raise, nuclear subs and Uk travel and now with US travel yesterday and potentially ITP Aero next week that is a hell a lot of momentum to move up fast

If ITP Aero is agreed surely this breaks 130 next week

Yep never been happier for all the US citizens descending on there round trips around Europe

Agreed had ppl saying back to 90s and RIs only last week. Seems like most ppl held and had conviction in the stock which is good

Lets see if it can break 120 decisively today

Mary you still holding this one?

Well lets hope Kitty returns all opinions are welcome and shouldn’t take anything personally. Poor old Falky gets abused everyday yet keeps coming back on red or green days.

Thanks CW I use this link myself https://www.cnbc.com/pre-markets/

CW I do agree healthy debate is good but excessive discussion at the weekend on it when market is closed does unsettle some people hence probably the reaction today.

CW I was thinking about 10% myself in line with a correction. I have been meaning to re-enter Microsoft for a while - I actually sold out at 250 for quick money in other stocks which was a bad decision based on where it went since.

Falky on the correction this doesn’t have to be a huge market crash it is anything c.10% or more so e.g. Nasdaq had a correction in March after reaching all time highs.

Longer term the US market always corrects itself so won’t affect RR LTHs. Just short term there may be volatility but I am happy to leave my RR holding as is and find some other dip buys.

CW just briefly on Microsoft what do you think is a good range?

S&P 500 corrected 5% at 1 point today it will be interesting to see if it reaches 10% if China situation worsens / Powell updates

Also CW good you posted despite contrasting views on RR short term. I think ppl should post on red and green days regardless if good or bad for them.

CW agreed US markets is important but also what today shows is never get too clever with taking core holding out as may miss big news - even UK govt officials were not expecting it.

On the topic of US markets I am most closely watching Weds AM when Chinese come back of public holidays and react to Evergrande volatility. There could be some great dip buying opps by end of week. Can’t wait to load up on Microsoft for the long term after a correction.

Henry of course it is if it had better cash this would be a £2 share. Just remember no material maturities until 2024 so plenty of time to make it back before having to repay

Be ready for potential pullback early morning tomorrow the US market continues to bleed heavily and even Rycey down. Doesn’t change fact RR has 1 out of 2 huge catalysts ticked and will keep going higher once overall market rebounds

And ITP Aero next week happy days ahead!