Lordo wrote:Kikapu wrote:erolz66 wrote:Kikapu wrote:erolz66 wrote:
Are a possible steal right now but I don't do shares. Ill stick with what I know.
The problem with RR for the last 2 years have had many "dead cat bounces" enticing the reckless to jump in with both feet to find out they were jumping into quicksand instead. I do like their long term innovative prospects however and it may be worth taking a punt with them if I was willing to wait for 10 years to get a good return. Yes, possibly!
price then around £85 a share. Today , 6 months on £130 per share. Around 50% increase in 6 months.
Yes, the price of £.85 then to £1.30 today is impressive, except, 50% of that rise was made just today with good earnings results. No doubt tomorrow it will go down some due to profit taking if normal market sentiments holds true. Regardless, RR as a company should do well in the long term, especially in their future innovative electric powered jet engines, along with everything else they produce on renewable energy.
Than it is a good idea to sell now and buy back in a few weeks when the price is halved again
Its 140 now
