The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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Watch for the treeshake and stoploss first thing
It's all guess work. It's only opinion.
Open down may 57ish then bounce as people pile in to 63ish then slowly tumble to next support level. Depends on wider market though and just a huge guess. Nobody actually knows
That's ultimately a risk only you can take...
I'm expecting the SP to go back to the mid 50's level again at some point next week due to continued uncertainty. States in America are still experiencing an increase in cases with Arizona a new flash point and issues with ICU bed shortage from last Wedenesday / Thursday.
Florida, Cali, Texas and NY still in the news due to their situation. They're continuing with business closures and tighter requests that tighter measures are implemented to protect the spread.
I personally have faith in CINE getting through the legals but not everyone will think that. I think that there'll be opportunity to get a cheaper price.
I’m wondering the same. I’m expecting it to go to around 48-50 at its worst but hopefully I’m wrong. Do I jump in and sell at 8am or do I have potentially a very costly lie in and try and just ride out the storm?
I think a good portion of the deal exit has been priced in so I can't imagine a dramatic drop into the 40s happening, but i wouldn't rule out a visit to the low 50s during the next week or so.
Only my opinion obviously, and I will be holding until September/October before I consider taking profits or if that's not the case I'll be keeping hold long term until next summer.
(Averaging around 75p)
What are peoples views about the SP tomorrow and for the rest of the week ? Trying to figure out if I should pull out and buy when it drops further or just leave as is in the hope that even if it drops it will recover...