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How low do you guys think we will go?, My guess 90-95p
All I know is it will be red. Serves me right for investing in crap. Can’t wait 20 years to break even lol
haha very true we cannot wait forever. However I am making an exception because until covid goes away my life is not fun. and once covid is gone RR will rocket. So I am seeing Rolls as inverse of covid situation
Let’s hope there isn’t any more country are waiting to be added red list .
If we didn’t have 2billion paund from right issue last year does this mean Rr would have gone by today ?? I guess yes it would gone for good .
Watch the Dow for part of the answer. It's had a good run . Now set the chart to 1 week.
https://tradingeconomics.com/united-states/stock-market
It could still go for good Metom, way too much uncertainty with the variants around....
Only the emotionally attached are keeping this afloat.
What a load of tripe, only the emotionally attached are keeping a multi billion dollar business afloat - there is some serious rubbish being spouted here today and I am not sure if the idiots predicting 50p etc believe their drivel is affecting the price - if so they need to seek medical advice quickly - turn off the screen and look in 6 months
78p buy in price by Friday here!
If it gets 78p by Friday then we will buy more . It can’t go that low , if it does then they possibly know that might be another strong lockdown in world wide . If it does then I got to sell my donkey to buy more rr lol poor donkey .
quite simply, there is no reason for this share to rise @the moment & no ramping on here is going to change that. The company is really in dire straits & some on here need to face that reality!
Come on Paddy 78p seriously ????
Now I’m really interested in understanding your analysis as to how you have decided 78p
That’s a 23% drop in 3 days... now I’m not saying this isn’t possible but I’d rather take the chances that it won’t
Big boy pants time...hold or bail.....
Well I thought I got a bargain buying between 1.07 and 1.05. £1700 down in a few days. I'm holding ......
Paddy.
148
Do you guys think setting my stop loss to 88p will save me from tomorrow?
Yep, I will have to have MOOOORE if it keeps dropping. put it in if you don't need it.
Snake, I think you'll be more than fine. There's no reason for a 11% drop in a single day. It's more likely to bounce a bit around 96-102 for a while again before continuing the downtrend, if it wants to, over the next few weeks. 88p is definitely credible, even 78p, but I think it's going to take a few more weeks of 2-4% daily drops and periods of stabilization between.
Thanks AJ and Kando, yeah cutting losses from Boeing to get cash to update my stop loss on Rolls. Fingers crossed for tomorrow
Based on travel bans etc.? Interesting to see how this can play out as varying countries lift bans and whether new destinations, or little used destinations might thrive.
based on what I am reading. UK still on track to open travel from May17th with traffic light. And US most likely will be on green given both countries having high vaccination rates
Solid, stop losses can be a dangerous game overnight. The MMs may drop the price for a short time to trigger your stop, then quickly raise the price again. Before anyone says "nonsense", it's happened to me in the past.
I might start shorting this, every fcuker else seems to be and earning money.
in coming weeks we will also know how India will control the surge and UK announcing whether Indian variant is variant of concern or not
Yes, only in the cold light of day!
Totally agree with you tiger I've suffered from that in the past too. Hence why I try and keep a clear bracket