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Sounds like you're going to miss me. I'll be back tomorrow at 50p :P
"See you all at 20p" no you will be back before then. Ego & all that.
There's endless arguements here about how the SP is going to increase every day, yet the SP keeps falling.
I'll let the SP do the talking. See you all at 20p
Spanish flu killed 50 million people in 1918/19, it was so contagious that 1 in 3 caught the disease. No flu vaccines of any kind existed at the time.
How many people do you know who got Spanish flu recently?
Nuts will always taste nutty.
I have a feeling that if he does sell he'll feel it necessary to still comment consistently. It's easy to say something will go down, there's no consequence.
Sell and be damned but don't feel it necessary to keep harping on with an "I told you so attitude"
I made the short term error of not banging out at 59p today and it stings tonight but see what happens tomorrow or next week or by Xmas or even a year's time.
The sp moves mostly based on cases and deaths, how did it get up to £1 in the first place with no vaccine in sight? Basically positive sentiment from falling cases and deaths in Europe and Eastern US, it's not now dropped again since Western and Southern US, once these recede I imagine it will go back. People aren't holding out on waiting for a vaccine as we've already been told one might never materialize, people will just get on with their lives and cases and deaths will have the biggest impact on sentiment.
Also the reason places like pubs have not done as well since re-opening is down to people being put off by the controls and restrictions in place. Cinemas will have relatively minor restrictions and will for the most part feel like a normal trip to the cinema.
But it also went from 50 to £1 in the same period of time, you are so 1 sided in your opinion.
@Hosai, there are regular updates on the vaccines, and each pharma firm has given a rough date as to when Phase 3 results will be announced. So anybody wanting to gain exposure to leisure and bet that it will rise can do so shortly before the final vaccine results are announced.
Between now and Phase 3 vaccine results is 2 months, which is an awfully long time with respect to the current economic climate. We've already seen that re-opening leisure, hasn't led to SP increases - in fact share prices have fallen so there is no correlation there.
Cineworld has dropped from 94p to 54p in 1 month. Imagine what 2 more months of this market will do to the SP....
Akorn if you wait until there is a "good" time to invest, i.e a vaccine found, the price will no longer be cheap. Unless a catastrophe happens then the price will obviously have been crawling up both when vaccine trials are near and cases have dropped in the USA and with cineworld reopened. You cant have your cake and eat it. The time your planning to move back to this or other leisure stocks will be the same time as everyone else, hence it will no longer be cheap.
Some childish crap going on here.
Us tech is on fire..... and long may it continue by the way. Its a great safehouse at the moment.
However, the potential in this stock is incredible....it is currently weighed down by 3 major factors. ALL of which are rectifyable in time. That's why its a bargain. And that's why for many it is absolutely worth a dabble.
Sometimes people are wrong about being wrong
Actually yes, always sweaty, doctor say's they are to big.
Yep - that's when you sell out. There will come a point investors will shift from growth stocks to cyclicals & value, but the market doesn't believe that we've reached that point yet. Probably when a vaccine is close to being announced.
Most people on this forum probably don't understand these market dynamics. They read the DailyMail and see that cinemas are opening, and think the SP will increase, and spend their day sweating over a beaten down stock.
You guys getting riled up because you've lost thousands on this stock? Lol.
I'm man enough to admit I was wrong on CINE, hence why I'm selling. At least I don't keep denying it like many on this forum.
Cineworld isn't the first stock pick I got wrong, and it wont be the last. The opportunity cost is too high, when US tech is on fire.
I never get it right. In fact, I am average at 72p on cine so I am doing terribly. However, I don't brag when I get something right, like you seem to be doing.
Stop pretending that you know what this share will do. Nobody knows.
And you do?
Show us a screenshot of your stocks, lets see if their all in the green :)
Just read akorns advice to shareholders of BOO. "This stock will be £1". - 8th July.
9th July - Boohoo up 30%. Lol.
Seems you don't always get it right.
Selling due to the opportunity cost of holding a stock which will carry on falling. The money will earn more in other stocks.
Without a vaccine cinemas (and leisure in general) can't operate properly. Today is 9th July, and the final results of Phase 3 vaccine trials are due end of August as a best case scenario. That means there's still another 2 months in which this stock will carry on falling.
My rationale is pretty simple. Once a vaccine is officially announced, thats the best time to plough back into cineworld and all leisure stocks.
Sweatin your bolox off?
Have you always been a nut, or are
you just being a bit fruity?