Email of the day on Rolls Royce and selling investments
Comment of the Day

May 10 2022

Commentary by Eoin Treacy

Email of the day on Rolls Royce and selling investments

Eoin, given how markets have deteriorated of late, could I be so cheeky as to ask why you have not cashed in on Rolls Royce yet? It looked like a great but when it near tripled to 140p, but it’s nearly halved now and you’ve sat tight. Surely there must have been a key technical level between then and now to warn you to sever ties with this one. I ask because I too sit on similar scenarios and I keep asking myself why I don’t cash in a while ago while the going was still good, making it more difficult to let go now, despite prices still sliding, seemingly day by day.

Eoin Treacy's view

Thank you for this question which may be of interest to the Collective. The broad aerospace and airlines sector has been deeply affected by the pandemic lockdowns and is taking longer to recover than I expected. Nevertheless, I remain confident it will recover.

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