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Hi Casper. There were plenty of shorts open in May when we went up 72% in 4 days. If you don’t need your money back this weekend then I wouldn’t worry too much. You will get your 11% back I have no doubt on that. I’m sure you did some research before buying and nothing has changed really. The market is controlled in both direction and big investment companies take advantage the ups and the downs. There are plenty of these companies sat on massive cash piles atm which is not normal. Eventually this will be filtered into the markets and we will see the biggest bull rally we have seen since March. I’m not saying it won’t retreat after but a bull rally is on the cards. The whole market is still nervous and traders are loving it.
38 booked for Harry Potter 3 in cine in Ely tonight...again not amazing but not that bad either.
It's a recovery play mate. The price is currently around 1/5 of what it was pre covid crisis. Yes there is a lot of short positions open and the short positions have increased recently. However, the current open short positions are actually less than what they were pre covid when the price was £2. There's currently 9.4% short, as of February 6th (before the price plummeted) there were 14.67% short. In other words investors have been shorting this stock for a long time. It doesn't mean the share price won't recover from the current level.
It's lost 11% in a week maybe people are trying to tell you something, I don't have a clue about stocks and shares and was looking to jump onto cineworld, not so much for the quick profit on the up turn but for a decent divedend hopefully as I'm only getting 2% savings interest, but the news on short selling not by Joe blogs but the biggest investment companies in the world means something isn't right, people thinking tenant will make the sp jump is kidding themselves it needed a big Disney film to get the family in woofing sweets and Coke, can see couples getting put off wearing masks, older and vunerable won't go and risk it,
Even though I personally didn't consider the news regarding Mulan to be that bad, I had a feeling the market might take a dim view and we could see a significant drop today. It was a pleasant surprise to close just a little bit down. I think it shows that a lot of the negativity has now already been priced.
The shorters are putting their own and others lives at risk coz their shorts are a clear fire hazard atm.
Today I feel. Held up well on slightly negative news. Everyman drifted a tad too.
I don’t understand why you would come onto a BB talking negative rubbish, or do we?? It’s been mentioned many time’s before on various BBs. Why would someone who you have never met before spend their whole day warning you that you might loose money investing in certain companies? I mean it’s very nice they are concerned but it doesn’t add up does it?
We used to have 1, maybe 2 here and now we have a collection. Let’s be honest, their days are numbered and that’s why the group is increasing. There are going to be lots of underpant changes for them in the next month. Just block out the noise.