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The US won't need a vaccine, whatever good they do for colds is debatable, in December, they will be similar to the UK, struggling to find cases to test against long before then.
I agree with NOFEAR,
I would say a majority of people agree that the Cinema industry will recover over time. The real question people are debating is when to buy in. My answer to that, not too late.
Many thanks for your interesting points and factual evidence. Nevertheless you're too inclined into viewing this shares
like probably all the other sector related shares as having a very slow upward movement for near term. I'm invested for the
short and the long term depending what the market sentiment will be as we move forward week by week month by month.
In the meantime, I may say to you that notwithstanding most of the points you've raised have already been absorbed by the
world trading markets which as you've clearly pointed is showing in the lower prices of stock shares like Easyjet, Greggs and other alike. I've spent a great amount of time noticing the same cycle of named above share prices going up and down and later on the weeks returning to where they were before similar to a rollecoaster ride. Cineworld share prices have been resisting well in the 52p to 55p range and once the market makers get the go ahead, the shorters will be squeezed.
In the meantime, lets be positive and work away with what is available to contain the virus and limit its damaging effect
on the most likely persons that could be more affected and use whatever approved medicine to avoid these a nasty death.
As Vaccine Skepticism In U.S. Grows, Experts Recommend Strategies For Covid-19 Vaccination Campaign
German Biotech Sees Its Coronavirus Vaccine Ready for Approval by December.
@NOFEAR > Your Quote "What you're forgetting that your posts are not taking the consideration that the markets are looking forward 6-12months and the very high prospects of having a vaccine with a 60 to 70% effect on the Covid-19 will mostly continue pushing the stock market further up into a recovery of the cycle "
Blimey are you looking at a Chinese stock or something with a similar name? What bloody recovery? What Vaccine? The 1st Phase 3 results aren't available until September. "Continuing to push up further"...whats pushing up?? The DOW for a day? WTF.
Where are you getting this carp lol it's hilarious. Never seen someone miss what is right in front of them by so much mate. There is no market looking forward 6-12 Months, that I can guarantee 100%.
@Nardniles agreeing with you too :) Good luck to you both.
Respectfully @NOFEAR I don't agree with any of your post and I personally think you're very wrong - and it's somewhat proven already.
The share price has dropped from £1.00 to £53p and you say the market is 'forward looking' and then go on to discuss the next few months and 6-12 months.
The share price has halved mate...what are you talking about? :) If we were looking at 6-12 months or a possibility of a vaccine (even those in Stage 3 won't be available to year-end earliest should phase 3 results be successful) then the share price would already have recovered, not be on a downwards trajectory.
I think you're acting in hope. Not too long ago Cinemas were to open, UK had Covid under control, the share price moved to £1. America then had problems, the market reacted and share price loses 50%. This is a VERY short-sighted market reacting to current situations, Mr Market couldn't care less about 6-12 months at present. It can't see beyond a few weeks at best.
My reference to shorter increasing their holding wasn't eluding to impact on SP, but sentiment. Apologies if that confused. So let me clarify, Institutions have increased their short positions, in total to over 7% now BECAUSE they too do not anticipate a recovery in the short term.
So many Investors here blindly awaiting the opening of Cinema thinking it's going to be the pivotal moment, I'm not sure how many times I and a few others have to repeat ourselves and advise it will have no significant positive impact on SP.
If much of Europe has opened, accounting (for example) 12% of Cine's screens, has the share price risen commensurately? No it's gone down.
The Aerospace sector has seen flights back in the air, have SP's of Airlines increased? Nope, they've gone down.
Greggs starting selling pasties again for quite some time now, cash in the tills, did the share price increase? Nope. Guess what happened? It lost 300 points since reopening.
As for the DOW up for a day or so, nobody cares. The market won't. Go to any US News website - headlines are not recovery. Or VACCINE FOUND!! Headlines are all worsening statistics, little US control and further lockdown potential.
Whilst we can possibly expect further US lockdowns or US states retracting back to earlier phases, further delays for the hospitality sector, no movie production in L.A anytime soon and Institutional Investors banking on further downside in the near term - you can choose to look away and focus on long term if you wish where this is very likely a solid play.
But as my post stated, this is to help those looking for re-entry or 1st time entry in the short term. And to provide my opinion of where I feel the share price is heading.
I've been wandering if all those constant negative posts coming from certain members of this forum are due to
the fact that those members are not invested in Cineworld and perhaps are wishing for an extreme price drop
to jump in for a quick buy and sell opportunity. I'm afraid to inform them that it won't be happening. Those
low share price ranges are a thing of the past and they can ramp or deramp as they wish. It won't change the direction
of the Cineworld shares. Have a lovely Sunday where ever you are. NoFear
@no fear.... Brilliant post
That's right Haich, but institutional shorters have increased from only 6.63% to 7% since Friday the 10th July 2020.
I'm also aware that the DowJones closed in a positive note above 26124 points along with oil prices recovering nearing soon to 41$ per barrel. The Gold prices also have made a retreat from the $1,817 per ounce back down towards $1,797 per ounce.
What you're forgetting that your posts are not taking the consideration that the markets are looking forward 6-12months and the very high prospects of having a vaccine with a 60 to 70% effect on the Covid-19 will mostly continue pushing the stock market further up into a recovery of the cycle type of stocks like Cinemas,Pubs,Gyms,ect.ect. Take a good look at the news that people in general are going to persist that the best way forward is to return all the various industries slowly but surely to pre-covid 19 operational levels albeit with social distancing and higher levels of cleanliness in place. Therefore, I don't fear that an extra tiny push from the shorters will make any much difference to the Cineworld share price. Actually, to the contrary, we're nearing that time were the shorters will be burned and it could happen so quickly with Cineworld famously known for out the blue share price upward spikes. Moreover, as in regards to your US Los Angeles latest infections rates, this will contained in due time as for the rest of America infections clusters. The Usa has high levels of obesity and many will be prone to various underlining health conditions including respiratory issues which is where Covid-19 will hit mostly without a doubt adding further weight to their permanent lifestyle illnesses. As you know, America has a greater numner of the population living with ticking time bomb of health issues. None of these people would ever be able to make to the Cinemas unless been pushed in a wheelchair with an oxygen pump on standby. The kind of people that you're going to get back are the young and fearless ones. What we need is for Trump to go ahead with his decisions to take away the legal right from all the State Governors to shut down entire cities over a few hundred infected clusters. He's already saying that any school that will not reopen at the due times, will have their tax exemption status removed. Also, Colleges and Universities will have to reopen or risk having their foreign students sitting at home doing digital teaching with those colleges and Uni, having to be returned back to their countries. Covid-19 has turned the World upside down tot he point that we're actually hurting more in the long term more people than the virus itself. Moreover, these extreme lockdowns are destroying all kinds of viable companies that otherwise would had survived not for the covid-19. Lastly, Cineworld shares are a real bargain when you compare their price to the likes of Amc Networks inc., AMC Entertainment Holdings Inc. and Cineplex. We're holding extremely well in a volatile market.
..on potential of further lockdowns, returning to Phase 1.
Never ramp. Never deramp. Just sharing info, unfortunately all bad news atm but when its good will share that too! Hopefully my recent non-bias posts will help find a bottom for those looking for entry.
Institutional shorters have increased their positions once again to above 7% total short, will support be broke and my bottom price advised 3 weeks ago be hit. Or surpassed. Make your own informed decisions.