RE: RR. In general10 Jul 2020 00:08
Just because RR. isn't an AIM stock does not make it immune to the situation going on. I wont say if I think its going to go below £2 or not as I'm no oracle, it could climb to over £4 for all I know. I also wont say that there will be another crash soon as I just dont know but do I personaly think there will? Yes 100% I think theres a major downturn due soon to all the issues that are now slowly coming to the forefront and when you look at what many finance people are saying regarding cycles then we are heading for a recession and possible a depression bordering on the great one back in 1929, is this possible YES 100%
I think that people are so spoiled nowadays they think they are also immune to what can happen, its like those who say there will never be a WW3, there 100% be one, maybe not in our lifetimes but there will as humans love to find ways to take over, take power and kill to get what they want, history shows us all this we wont change that. Unless we are hit by some major natural disaster that wipes us all out! (Wow am I a happy chappy) :)
Think of it this way, do you think investors back in 1929, 2000, 2008 among other major falls thought we would have those crashes? Some did, they were saying so but people laughed at them, we are in exactly the same boat now but this time its far worse, people get blind to whats out there due to greed and its very dangerous and leads to people losing money, its happened time and time again and yet some just wont accept what staring right at them.
Again I am not saying we are 100% going to have a another major crash, great depression etc but I'm not stupid enough to think its not a possibility no matter what anyone on these boards wants to think. We could see sp's rise from tomorrow onwards and never loks back for another 10 years or so, nothing would surprise me!
RR. is a top class company and I'm almost certain it will do well as per usual in years to come but dont think its shares wont collapse if we have the worse case scenario from all this come true because it will and that is a fact.