Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The great Royal Mail (RMG) IPO has been a success. Listed at 330p the shares are now 475p. That rather vindicates my call to stag the issue but now it is time to bank gains and sell. And here’s why.
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Comments
Malcolm Stacey
Selling mine, now, Tom
wildrides
I Watched the union leader speaking to his members on tv last night . It was like going back in time to the bad old days . Earnings visability must be zero with that guy in the picture . They take the share money then strike ………. great .
wildrides
P/s Blimey ………….looks like Evil was right to go long on Vog !
Glad I piled in behind for the ride.
Tom Winnifrith
Malcolm – I am flattered
Wildrides – The Royal Mail Unions reall;y are the ultimate dinosaur tossers. Yup EK was blathering on about his chats with the Foo man this morning. I fear I have heard him say that too often to be convinced.
t