RE: Re rating30 Nov 2023 18:21
I’m not looking for a dip but do make my purchases on weakness.
Talking of weakness and priced to fail.
All this will change the second the hoped-for RNS hits.
I talked about what a re-rate might mean through a weekend, but an in-market re-rate can be spectacular too!
If for example our 7am Big oil RNS results in a 100% re-rate at 8am. And if MSC were to follow up during the morning with a marketing spiel at say Cop28. . . That might result in a further 25% Then the institutions will pile in and we might see further 20%, 50%, even 100% re-rates as those double digit bets are placed
Yummy yummy 😋