From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Royal Mail: Likely to see 480p Before A New 540p Target Hit


By The Closet Chartist | Tuesday 22 October 2013


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.


Only a madman or a chartist (or both) would attempt to make a call on a new issue like Royal Mail (RGM) so soon after its stock market debut. So soon after the desperate Government’s fire sale to get a few pennies on board with which to bribe the Great British public at the next election. Am I a cynic? Was the taxpayer robbed? 



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

CTAI

Catenai – monster dilution

Time left: 18:50:01