Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
You said in an earlier thread "I'm invested CW but only a small amount"
Now you are saying you will buy RR at 40/50p?
How does that work then? Surely you will sell if that's what you believe and wait for 40/50p or you are just salty because you are underwater and trying to deramp to annoy people
I'll be honest about my mistakes and for any rookies out there like myself don't make the mistakes I have made which I'm seriously regretting now, I'm currently in heavy and 30+% down on RRx3, I need RR to climb 10% just to break even, here goes my mistakes...
1. Bought in too high should of waited for a dip
2. Averaged down too early and too much
3. Thought that the SP would go up with the ending of lock downs and increase in air travel, appeared sound logic at first but the stock market is illogical
4. Didn't do enough DD and didn't realise how much they diluted
5. Looking at the SP every half an hour
At the moment I'm considering selling at a huge loss but i have a feeling in a couple of months time I may regret it. I'm now gonna stop looking at the SP (maybe a couple of times a week), hope for sentiment to change, possible sale of ITP in not to distant future and have faith that a bottom is near and a bounce is due for the sector, then maybe just maybe I can get out at break even
GLTA
Takes days/weeks to move up a poxy few percent then any news even if its irrelevant tanks the stock, I like the company, unfortunately its just too sensitive and support levels are as strong as wet tissue, soon as ITP goes through or I get back to my breakeven I'm out, whichever comes first. I knew it was a long hold and a slow burner but this is ridiculous, thousands of better stocks out there than this to invest in. Will put it down as a lesson learned and ink it onto the do not touch list
With all due respect Red Inky you seem to only post pessimistic bearish posts especially when the SP is down to rub people's nose in it who are losing money, it's a noticible pattern as I don't see posts from you when the SP is doing well, predictions are absolutely pointless. If you think the SP is heading to 0.96 tomorrow then surely you will be short?
If you are thinking of buying graniteshares RRX3 think hard and long before doing it, I've only been in this stock 3 months and have learned that even with good PR and good news the stock still goes down, I'm down a ton now, absolutely my own fault as I didn't do enough DD and was unaware of the massive dilution early in the year. I bought in too high and now paying the price, maybe with the sale of ITP and news of flights reopening to the US I might get back to breakeven at which point I will sell, I now know that 100p is the area to scale in. GLTA