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@Purchaseatthetop: See my new thread about respect...
Shame we can't trade options on this. Would be a good way to protect against short squeezes.
In my opinion it will be too dangerous for shorters to short at any time now..this may go one step back but with double speed it will go two steps forward so if anyone thinking to short this..can be burn even more and badly..best thing to do it close your short and just go for long position..won’t be surprise if this will touch to 70 in no time. Absolutely no time and before they even realise to close thir shorts..they will be in significant loss and it will be too late for them to close their short..some bullet points for shorters and they can make it in full sentence..
- Vaccine around the corner (Phase 3 data of Moderna/Oxford)
- Oversold and highly undervalues in 30s
- US cinemas opening soon
- Significant reduction in cases in US
- Tenet releasing soon and james bond on its way
- Very positive and assuring interview by CEO
- Cinemas can be profitable even in 25% capacity
- Bounce back towards 100s twice already since March (With less positivity)
- Studios takeover news is huge booster
- If we compare to AMC this should be already in 70s any ways
- Significant money saved by cancelling deal to buy cineplex
- Financial assurance till jul 2021
- Survived in significant crisis including world war
- Anything on TV can not and never ever replace cinema experience
- Cinema here to stay long and profitable as always
FULL STOP..
Sorry English is not my first language so ignore the grammar ..good luck to all..
Hi everyone, I shorted my own position on Friday around 34p whilst I’m sure you’ll all call me an idiot I think there’s still a possibility of this dropping before it rises up again. Maybe even today. Seems to always drop around lunch time and rise back up again. There’s a lot of positive sentiment here but we still have a while before regal opens and tenet releases. I wouldn’t be surprised if shorters take advantage of this rise today. Think we all need to pay attention to the share tracker and buy in once they start closing their positions.