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yep, I was wrong when seeing the dip mid-day, finished strong today given FTSE sold off towards the end. All US airlines stocks boomed today, BA, AAL, Delta, most ended 6-9% up. RYCEY up 5%, so hopefully we will have a good day tomorrow, first to reclaim the high 90s then £1 end of week. Let's hope.
Having said that, the FTSE is red now and IAG is even worse, -1.5%. So to be fair RR wasn't that bad. It's just we were down 7% yesterday and now can't sustain a 2-3% bounce.
Seriously thinking about sell at a 30% loss. No hope for me I fear. Up 4-5% at a point and now down back to 1.5, perhaps red today. The technical bounce didn't even last that long. Terrible terrible stock to hold I am afraid.
yes, doesn't look very promising. Technical bounce then straight down before the US opens. On Friday at least we had a burst toward 2:30pm. Now just straight down. Hopefully today's different. Otherwise, expect more down tomorrow and beyond.
We had a technical bounce on Friday then faded towards the day end. Hope we change course today. It's not good to just hope, but too deep red and chickened to sell. Will hold until I see at least 130.
My average is 0.66 and I rejoined two weeks ago. Well unfortunately I timed it wrong, long hold again.
stay calm. I was in your shoes before, losing out 45k at a point. I think we are at a very very low point hence I went back again. Still timed my reentry badly as now I am down around 30% (of course I am in 3xrr). But I am not putting more money in because my other investments are doing bad lately as well. But I will ride it through, if my other investments were good, I would have put more here. It will go up.
IAG dropped hard and now showing some bounce. RR should better follow up. It's terrible for the whole market today. Not really confident.
Is it an overreaction? Holy crap.
This is all nice discussions, and also the same situation to mine now. I've been watching the news with Sajid, the PM, the Chancellor all need self-isolation, I just feel the whole UK market will tumble on Monday fearing another lockdown. That's really what my brain tells me. But as Kitty72 said, the last time we were this low was in November (we were a bit higher in Feb), and very quickly after this drop, we bounced back with a 30-40% jump. So I really really don't want to sell now, even being down so hard with 3xrr. a 30% jump literally would double my money. So I am willing to take this huge risk but very very scared. The US market showing some weak points now, and the UK is too sensitive to lockdown scepticals. If look back on Friday, BA and AAL all dropped hugely after 4:30pm (BST), that might give us some indication of the sentiment to travelling now.
Same for me, I remember you are holding 3xrr. So a steady rise is the best scenario, but would be happier if it’s like 4% each than 2%. I can’t be and shouldn’t be greedy, but this week was brutal, a huge drop this week.
After bouncing to 5% now retreating? Was it just a technical bounce and people sell of already??
Nom, that's what we hope because really RR has been bottomed out. It actually nearly happened last year. But somehow we managed to escape. I am in 6k and losing 1.5k at the moment, just rejoined two weeks ago when it dropped hard. Really this is not for the fainted heart. I admire those who have held this for long.
So it turned out the be the lowest point for the year?? I bought in just two weeks ago on the dip, thought was a good move and now losing 25% already (3xRR). Money doesn't come easy, **** this share, it's diabolical to have held this through all of the ups and downs. ****, I hope it spikes and then I am out, this time for good.
Not a single bounce today, going to sub 8x?? That will be even worse than prevaccination period. Unreal
If Rr goes down 16% in a day (even intra day) 3lrr will shut down, we get back whatever the price after that 50% drop.
Sorry to here RR101. I got out of this in April chasing others (with good success), thought I should give it another go this time. But truly disappointed.
It's dipping as we speak now. Holy helll, I hope I could just recoup my money this time.
Holy crap, thought I was catching the dip this time. Again losing big here holding 3xRR. Any one holding this cursed leveraged share? How are you doing? Plan to sell? Invested £5k and losing 600 already jesus, should have sold when it spiked last week with 15% profit, now losing %15 ...
Anyone knows something and just sold? No rumour over the weekend yet, right?
What just happened? A 3% drop at open?