The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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Good on you NOFEAR, hope you see £2 plus sometime soon.. I suspect you will, or £1.90 at least ;-)
Hi SoManyQuestion, The COMEX should be called the CRIMEX as Silver has been manipulated for years, Palladium was eventually let go by them and went from $60 to $1940 per Oz. With the Gold to Silver relationship historically at 10:1 and now at 64:1 it has legs. The whole Reddit thing has kicked off a massive shortage now impacting industry. The FED literally cut-out yesterday, Reddit down for an hour, $SLV prospectus changes being released 4:00am US with no fanfare and a massive switch from $SLV to $PSLV, Sprott put 30% in terms of investment volume in Feb. I also see a post COVID-19 crash, like 2009 after 2008 with USD and US Stocks facing a crisis of confidence. When I say all in Silver, I mean 50% as try to remain 50% cash so let’s see how it plays out...
Hi Podcast,
To be correct I hold 57,000 shares at 65p. Originally I had bought back in June 2020 at 80.5p pence after a Chinese work friend told me about Cineworld. However, even though initially it was going up a few pences, it eventually started dropping lower when the first lockdown was announced and the Movie blockbusters got delayed at the same time. Not long after as it went to 49p I decided to average it down to 65p hoping that this would had been the maximum to drop. Nonetheless the Cineworld shares kept dropping all the way towards the 15p in October 2020. By this time I was praying for better days to come and was really suffering a potential paper loss of £30k and kept saying myself it's only a paper loss. Moreover, I would not wish anyone to be in this dire situation as it was a very though call. Having those nasty negative media coverages about Cineworld going bust did not help us to recover our share prices as quick in comparison to over the pond AMC who were and have done better even though they had worse financial debt than Cine. I still believe that there will come a time that we need to be realistic with our expectations. If Cineworld was today traded in America, we would not be at £1 but plus £4. I just don't get it why we're not at these levels after having gone through all the hurdles that AMC has hardly ever seen albeit they came close enough when they dropped to $1.60 but shifted away massively sin e then. Anyway, I'm now waiting for my number to come up and than each man and woman for their own. I've done my best to hold it together but it has teached me not to take any investment advice from anyone without dyor. Cineworld has thought me not be fearful of seeing red one day and green on another day. Nothing worse to be in red forever and not having money to average down when you most need it even if it was to break even. That's why you don't put all your eggs in one basket. Good Night Podcast and everyone else reading this post. Take care. GLA. NoFear
Well, what a pleasant surprise, been out all day , just seen this.
As for CARD , good shout FI , Zstarz or whoever, bought last week got sold today 49.8...so beers on me, I mean beers for me....
I kinda think we've not seen the best day yet , gut feeling tells me theres a 20%25% day ahead , and pretty soon..
Ain't life a bed of daisies.... :-)))))))
Good luck Podcast. It's been good chatting to you. Pop in to say hello soon.
Hi Podcast, when you say silver, I'm struggling to find where you're looking at that shows 1000% potential. Current price is £632.83 per kg.
Hi NOFEAR, One question for you, given you had (from memory and my god you repeated it enough time) 58,000 shares at 65p were you not tempted to average down at 25p or did funds not allow? I bought at 90p (lol) and all the way down and sold out at 25p to preserve capital only to buy back in at 25p as it rose again...buying all the way back up to 68p and have gradually exited since as it has risen, selling out today. Nothing to do with CINE, but gone all in in Silver, CINE has 100% potential from here but Silver has 1000% and one day we’ll wake up and silver is $10-20 up!! If the CINE results go down crap and it drops into the 90s/80s will inevitably get some more but I wish all you guys & gals success and hope it goes “to the moon”. I will observe from the sidelines, as the results may create a 10-15% dip, but that’s might well be from £1.30 so sub £1 will be gone!! As a simple PI providing liquidity for IIs I was £13k down at one point, but NHC take the biscuit with -£20M lmfao. Will still frequent this BB as a great crack since IDW was banned, almost wish they were around now banging on about £2M a day from their shared bedsit! Onwards & upwards and learnt a great deal with CINE, could have trebled my profit trading the spikes...oh well. Cheers and your posts at 20p kept me in the game... unlike Boix!
Hi Lloyd-
There is so much I can forecast that eventually prove me wrong and I don't wish to give anyone advice that come back and bite me in the bum.
However, as I've currently invest in Pmo and took nearly £10k profits on a £36k investment at 19.8p,can I suggest that perhaps you can either wait for your desired Cine share price re-entry, split between your money between Cine and Pmo and that way you get to play both ways with each upwards share price movements potentially return you a quicker profit. Think strategically and do your math on paper. So, let's say you have £50k to invest now, you could put £30k in Pmo and £20k in Cine. They'll both gather more upwards movements independently but that way you don't put all your expectations on Cine alone but on both. I'm currently waiting to re-enter Pmo at around if at all possible at 24 to 26p. Just like Cine has now to cover the next steps to £1.20 and more, the same for Pmo next steps to 30p and more. We're going forward and backwards. The stock markets has more than likely finished to do rehearsals through all the past and soon to reduce lockdown restrictions. Think ahead and don't let past and now almost behind us market Doom & Gloom that surrounded us for more than a year. Think UK and USA as we're we will be operating whether is the Cpi, Cine or Pmo shares. Dyor. GLA. NOFEAR
@Nofear
Thank you for the advice.. why would you suggest getting in at around 88-92p what has made you come to this conclusion?
I'm going to look into other stocks in the weekend - Using bollinger bands and moving averages.
Yet again thanks for CPI tip.. seems to me the ball has started to roll.
Reddit will be having next to no impact. I looked and it’s a small bunch of people mainly buying £10/20/50 worth of shares at a time.
Itrader, NO
A very good day again!
Very happy for everyone who has stuck this out and for new investors who will be with us on the journey to £1.50.
We are already ahead of where I expected but the next part of the journey might be a pretty quick one.
Spare a thought for Union who has missed out on 30% growth in 4 days.
Held an 86p average for what seems like an age. Sat through some real low periods, watching it collapse to 15p, listening to Shorterguy and IDW rabbiting on incessantly (where are they now?). Absolutely delighted to have stuck with it. Thanks to all on here who have kept me going. Onwards and upwards!
Hi Lloyd-
Yes jump in but at a lower lever than these current share price as more people will be deciding to take profit
as we hoover around the 98p to £1.10 levels. However, there is no guarantee that it will fall back again as many
will of course look to exit further up from £1.20 to £1.80 max. If you can get in again between 89p and 92p then
okay. DYOR. Nofear
NoFear... you can't leave at £.120... you know it will go to £1.30 of you do.
Check company website it's all there.
When is results day ?
Re: shorts or is only NHC that are currently in trouble.
The rest are in pre-covid so still showing profits.
Shorts still not closed. They must be waiting for the phone call from the fund that lent them their shares. Then watch this climb further. IMO
NoFear - I hope you are doing well..
I've sold all my shares today made a nice tiny profit - Are you exiting at 1.20? Even if it does not hit that price tomorrow.
I'm thinking about jumping back in if it goes below £1.00 which I may think it will nearer results day..
Nice to hear your opinion.
Have I missed something? :)
Click and Play the Launching of the Cine Rocket that today has finally passed the £1 almighty barrier.
Well done everyone and good luck for tomorrow and remember that if we hit £1.20 by 16:29:00, I'll be gone. Simply.(*__*).NoFear
Cine Rocket Mini Video https://media.tenor.com/videos/1eff610b01f69f793fe1f267c88bbbd4/mp4
I sold a couple of weeks ago when this first hit the 80s (I had been underwater for so long, it was a relief to break the surface). I needed the cash for another purchase.
I'm just popping in to say 'well done' to all LTHs who kept the faith. I'm pleased for you and I wish the company well.
Woop woop. My average is in the 20s so I’m in a good mood today :). Time to roll out the Cine rocket again (I know the price isn’t going to rocket right now I just like it!).
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Been a long time coming, finally into some decent profit after being nearly 70% down at one point. Just gutted i didnt average down in the 20's but to be fair the situation then was uncertain hence the price. But now with lockdown almost over and a massive slate of delayed films due to come out soon, the sp will just keep motoring on especially once the short squeeze happens as well