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We saw just last week what happened with Aston Martin update. Inspite of huge loss the SP jumped that day upto now. So for CINE all the negatives are already priced in & can only increase from here. We will see that when the update is out. My opinion
Shorters should be very careful !!
Local lockdowns are good ... means national lockdowns not required !
You mean the Aberdeen region which is 3.8% of the popuation of Scotland?
So 96.2% of Scotland still OPEN.
New lockdown measures just announced in Scotland
The analyst needs to stop taking the drugs, 19p? haha
Brokers views are best used as toilet paper
Peel Hunt have target of 180p
Recent analyst view - 19p
RS2002
Excellent summary!!
There was a 34p entry point last week Bouchos.
I'm sure many bought in then.
The following facts:
1. Sufficient liquidity to keep them going to July 2021 if they remained closed
2. They have re-open most of their cinemas across their territories
3. US re-open making up 73% of their estate is set for 21 Aug
4. Big blockster Tenet is being released 26 Aug in the UK and 3rd Sep in the US
5. Share price is almost 80% down from 176p (pre-covid)
6. US cases declining
7. Vaccine trials progressing and approaching end of Phase 3 trials (in the case of Russia, ready for October).
8. Demonstrating resistance to drop below 34p when further bad news is received on movie delays or changes to PVoD
News that there is a pandemic and that this is priced at a discount is believe it or not, already factored at share price of 38p.
The fact that you and shorters are here like flies to sh$$ dreaming of 35p or ower entry points which we have not seen since March
If you guys and gals weren't so tight you would have bought in April at 36p instead of writing cr$$ suggesting hard working folk part with shares
So you predict it will go down by the same as it would in two days In one day? Anyone worried by that would be gone already.
Based on what non-existent materially positive information?
This COULD also go UP 20-25% in 1 day very easily.
There's been a few days recently where the SP dropped 5-12% in 1 day. After the trading update, this could drop as much as 20-25% in 1 day very easily.
Tomorrow's results could trigger the short squeeze