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Cine will be much better than RR next year!
I made really good money from Cine last year when it was in the 20ps... I did a realllllly high risk trade and it paid off big time and led me to grow my acc from 10k to 100k from Sept to Dec 2020. I spent the rest of the year growing in other stuff like RR, Tesla, Dogecoin ... and then I came back round to the Cine dip, and now it is trying to take it away from me. Fun times that we live in. Moral of the story... Use leverage to boost a small account, but don't use leverage on a large account, cuz it'll wipe you.
Thanks again Pastyc, why are people saying they won't invest? Haha. Deranged, who on earth posts stuff on a board that they are not invested in to tell us they won't be investing. I've seen your posts on the oil Pastyc and you hate it when someone speaks negitive of your shares that you are invested in, so why do it here?
Hindsight is a wonderful thing!
I'm happy to stick with the FTSE 100 stocks only.
IMO BP and Shell still have a lot of upside to them.
Cine for me has been a temptation but glad I resisted.
I know... At the time, I had made some decent profits off of them both and decided to pick a new stock that I felt was going to rip. Turns out going from 570 to 650 was not the end of Tesla's move... sad... and for RR, I kept seeing it hit 1.20 and reject, so I decided to stop trading that range and into Cine that I felt might rip. Sad huh? But, that is trading.
You came out of Tesla and RR for Cine?????...
Wow!!
Same and I over leveraged... even worse, I closed my RR and Tesla positions at end of July to really get in on the Cine rip... (unfortunate major dip, whilst watching RR and Tesla rip). Not only did I miss out on 200k profits, I lost 150k instead! Major L on my part... and over leveraging has been the death of my spread bet account. Fortunately I have other stuff going on, but im down at least 60% of my entire portfolio. JUST because of Cine.
this is terrible. I hold 7000 shares and 200 more contracts for the IG spread bet (this is the killer). Down hard but really thought we should have found bottom. The retreat was a mere consolidation but looks like it is a downtrend reversal now. Really thinking about selling out and getting back again when it hits 50 or lower. This is just terrible on my part for not putting a trailing stop loss when in green. I got greedy and it's punishing me.
Was thinking this might drift down to 60p until outcome of court case, but not sure if it's looking like 55 now. Who knows really.
Hopefully if the case goes our way it'll go up as quick or quicker.
I have lost a significant amount on Cine (region of 150k)... I took some profits at 84p, only to get back in at 78p thinking it will continue up... LOL... I am pretty disappointed with this. I am hoping it does not go much lower, especially into the 50s, since 60p has been so strong these last few months. I did not expect a big red month, tbh...
So if you didnt sell at 80, why would you sell at 59? Do you have news that cineworld is going under that we have yet to hear?
I'm nearly 25k in the red on this so really wouldn't worry about your 500 now, with this share you could be 1000 up by this time tomorrow.
I bought more yesterday and early this morning. This keeps dropping and almost close to my stop loss at 59. Is this still a hold? Holy hell, I didn't take profit at 80 and now in red already (£500). This is huge considering I was up £2k.