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A lot can happen in 2 days with this share I wouldn’t like to be out of it over the weekend !!
Whatever the case, CINE's chart is acting in a way that it only really does before something big (based on near constant daily observation since July 1st). I wouldnt dare say I know what's coming but its lining up as we speak.
Imo
It will be very interesting to see how the shorts react to this information. I can see a few closing their positions in the next 2 weeks of trading.
Long
Chinese have bought that doesn't mean that SP will increase from next day! Compared the last two days FTSE drop, we are in much better position. They have bought for long-term. So if the SP is increasing trend that enough for us. Obviously suddenly there will be big jumps
I'm in no hurry at all. Was just curious.
I would say because markets are on a downswing - footsie 3.5% down just yesterday and today. Just be patient.
If the Chinese have bought such a large chunk why is the share price actually going down?
Somebody want to tell the SP to be cheerful
Cheers J, forgot that one mate! Honestly - all that time talking bolox they could have made some money on this.
Hahaha like the last one
Indepth buys in @ £1.76 as company now de risked
Also another one to add
Shorterguy closing his shot at £2 per share :)
In order: More Jangho buys
USA stimulus cheques
Some shorts close
Tenet UK and ROW
Jengho again
More shorts close
USA sites reopen
Tenet USA
Shorts etc....
Results much better than expected
Jengho......7%
Vaccine
Indepth buys in @ £1.76 as company now de risked.