Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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In these crazy WallStreetBets times I've often wondered what would happen if a load of shareholders on days like today were to just bombard the market with thousands and thousands of random low number buys/sells for a few weeks just to cause havoc with their signals. :)
Remind me is code 1 where there is a struggle for shares or is that a code 5
Code 1 followed by 1.8 Million at just over 94p
Interesting spot LTH. :-)
last 3 months.. 1 high volume day.. 27th... 23rd... 25th.. i wonder this month which date? ;)
Actually I think it is important to try and understand why an SP may be moving as unless you have some idea about what is happening now it is harder to assess value/predict the future. So I've taken the view that today's 5% drop is related to the latest Covid scare (as lots of stocks in the recovery space are down similar amounts). As such I've topped up as in my view this is an over-reaction and so is an opportunity to get a cheaper price. I wouldn't be surprised if CINE (and similar stocks) bounce straight back tomorrow - they often have after similar scares. Of course I could be completely wrong though in this case I would only have not have topped if I could come up with a reason why the price had dropped that I thought genuinely made it less attractive (and looking at boards like this can help).
I agree I don't KNOW why the SP moved, and that no-one can, but I don't think there is anything ridiculous with taking a view and acting on it - so long as you don't state an opinion as fact.
This board is getting ridiculous. Everyone seems to think they know how the sp should react to certain events. No one knows. Why can't people expect this? What's the point of saying 'why is the sp dropping?' As though to say it shouldn't. As investors, seriously some people need to learn to be patient and just put things to bed. No one has the answers on this one. Cineworld is traded heavily and heavily reliant on sentiment and fundamentals. Imo nothing, absolutely nothing suggests we should be higher than we are. It is what it is. I think it will take 6-12 months of stable company performance and lowering of debt before things can get moving. Maybe just maybe the sp will be trading at 150p+ but who knows? It will take an awful lot to drive it ahead on a sustainable level. I'm holding for as long as required because I realise how this can move