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If you're thinking of day-trading overnight or over-weekend, just remember that trading continues out of hours, albeit anonymously, automated with larger spreads. Close/open prices are rarely the same. Sometimes favourable sometimes not.
Unless you're really sure of the direction it will move it's more likely to massacre your position, even if you use limit orders (your limit point is only used during trading hours)
Personally I try to keep buy/sell and sell/buy actions intraday. Otherwise you must be prepared to hold.
We don't always follow the dow. Likewise this SP doesn't always follow either. At some point most shares do their own thing.
I have "sod it I'm in"
Its that classic classic Friday afternoon decision, do you have fear or fomo for Monday?
FTSE recovers, will we be smashed by the Dow? Positive pm could lead to anticipation over the weekend and a small bounce....or not
Been strong support off 53 for last few days, im leveraging up lol
Exactly the same as what I did JBaumber, thought it was a bargain when it had dropped 10p so went all in with the funds, I could buy again now just as much again to lower the average down, but not worth the earache from the Mrs lol, so like you, I'll be waiting for the greener days, however long that takes.... :)
Nice to know someones in the same position Paulh
I’ve thought about averaging down whilst the prices are so low but I’d be stretching my funds by doing so, so not worth it as I’m already over exposed. I Made the mistake of lumping on in transaction rather than staggering my buys.
Not taking too much notice of the the big red number and holding for greener days. When (not if) this goes back up, it’ll go back up with the same momentum as previous and I will be smiling that I didn’t bottle it.
I bought in at 66 and have just topped up at 54
The world is starting to return to some normality and CINE is a well run company.
The law case I don't see as a serious threat. (I am a lawyer)
Im hopeful of £1.50 next year.
A return to anywhere near previous levels would be a massive profit on this stock.
If we stay at these sorts of levels for another month or so, i'd be happy to top up a bit more.
Went to my first restaurant since feb last night. Then to the pub for waiter service. Yes Ladies and Gentlemen, waiter service. I could get used to it actually. Felt like it was in Europe. All the staff were wearing masks, anti bac on the tables and stations to help yourself. They were wiping the bar and door handles constantly. Life goes on
I'm with you JBaumber, in at just under you at 89p, so I'm going to use my instincts and hold on now till whenever, being 40% down is way too much to pull out with now, and at the moment too much noise on here to take notice of to make any other informed decision, the facts are simple, Cine is opening end of the month, Covid, sentiment, and Trump may be affecting the SP, but the bottom line is we're all waiting for the opening to see what happens next, I think that is the next most important influence on the sp, but that's just my view.
The only uncertainty I see is over films eventual release dates.
Cineworld has adequate liquidity for the next several months. The need is highly likely to be there. Pub use alone speaks for that.
We may get additional release date delay but delay is just that - a delay.
Share value will return. Slow or quick. That is just about time. Inevitability is not really a question. Worst case it requires patience.
@purchase.
If not worth 1.50 they are worth nothing.... What kind of crap r u talking
Akorn. Good u sold up.
Now u have zero interest u can bugger off
I did. Used the proceeds to increase my position in Astrazeneca - which is up 1% today :)
JBaumber agreed. As soon as the market is low enough the big boys will jump in and off we go. Then a bull run for some time.
If you look at 3month graphs most stocks in your portfolio or watchlist will show a similar trend, hitting highs early June and dwindling off ever since.
CINE
LLOY
RDSA
ITV
BP
MARS
WMH
It may take a month or two but we are gearing up for another bounce and all hoping this time will exceed previous highs.
Patience pays. I still have an average of 91p here for anyone thinking they’re out of there depths.
Morgan stanley downgraded it in June.
Price keeps falling. Down 1.58% today. UK GDP at 9.30am figures may offer a little bounce back if its good
Amazing. And today we said hello to 53, it’s been a while
Analyst Ivor Jones reiterated his ‘buy’ recommendation and target price of 180p on the shares, which fell 4.3% to 57.6p yesterd