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The late Friday buyers are doing well. Congrats, great move
Or loading CineWorld SP up it’s cannon, pointing the thing towards the sky and pulling the trigger
A large armoured vehicle that runs on tracks and is fitted with at least one gun for the purpose of war?
Ah great, good luck with it all. I only bought at 18p and got out at 15p, it was annoying me and I wasn't sure there was a way back, so I put some more in here. Interesting to see what goes on over there in the weeks to come, Good luck.
I think people were either looking for a lower entry point or putting too much importance on a legal case, the details of which none of us are privvy to.
For me, and I assume everyone else who first bought into Cineworld over the past few months, it's a straight up recovery play. Covid seems to be slowing in the UK and showing very early signs of slowing in the US too. That's the main driver for share price growth here. Longer term, cinema tends to do well in recessionary environments.
Hi HeresHopin
How are you getting on with your Amigo, saw a bit of a revival on Friday. I bought cheap and sold for a small loss after JB didn't overthrow the board. I might regret that now, still following with interest!
But last time when the same RNS was released, SP increased
Rip roaring start, and we get an RNS out like that, markets don't like court cases.
Hopefully this isn't stymied by Plex case. Should follow the market...
The FTSE 100 looks set for a rip-roaring start, dragged higher by buoyant Asian markets, which appeared determined to accentuate the positives and ignore the still-potent threat from the coronavirus spread.
Allowing equities to defy gravity was the prospect of further intervention from governments around the world to stave off the threat of a deep and prolonged global recession.
Here at home chancellor Rishi Sunak is expected to unveil a raft of job-saving initiatives, which were heavily trailed at the weekend, while support from other sources globally is expected to come from increased liquidity.
This perhaps explains why when Covid cases hit a daily record, China’s stock market surged 4% higher with the recent batch of economic data from the People’s Republic suggestive of a v-shaped recovery.
Closer to home, this week will provide some granular detail on how lockdown is affecting the economy and the companies worst hit.