RAC - Charts & Price Action, page-10925

What I have failed to acknowledge is the microeconomic events related to Race which may have contributed to the SP fall as part of Lallapalooza comment. There is clearly a lot of impending news which Dr.T has mentioned is due this quarter. I am one of those believers who will wait until end of this month, not for deciding whether to sell, but reassessing my belief in the BOD and the said timelines. What I will also be looking for is whether any delays have appropriate commentary beyond just “Covid delays”. I refuse to drink the Kool-aid.

I have been invested in Race for more than a year and increased my exposure substantially and will continue to do so as long as the fundamentals are intact. I can sleep well even though my stock is in the red. However some nervous nellies or traders may have sold at higher SP only to re-enter at lower levels.

Again, I may have missed so many things (I have expressly not mentioned each activity) but I just wanted to recognise some company specific reasons as well.

Cheers