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Cinema's are open. Misses went with the kids yesterday she said it was busy.
So I decided to have a little gamble on this share today. A heavily shorted stock implies to me that there's upside at some point. Even if the results on the 12th Aug represent previous closed periods, current trading is likely to be positive news. Anything better than we're completely closed is a plus.
Sure I read someone current liquidity assumes a complete closure until end of 2021. So I'm pretty relaxed, as they're open. Medium term buy and hold for me, watch and see.
Rick.
Haha don, videos I watched when I was younger gave me false hope of what it was like being a plumber!
its not off topic. the messing about in US is causing lots of confusion. I think it is hitting CINE SP.
I thought the mask mandate in Chicago was just in relation to Airports? (Sorry going a bit of topic here!)
it has stopped being science for a while, it is now politics. Mask mandates Chicago. We have to let the nonsense play out of Cine deliver some block buster results. Until then we are a target for shorts.
That's not Fauci's reading of the situation......
https://www.reuters.com/world/us/fauci-predicts-us-will-not-return-lockdowns-despite-delta-variant-risks-2021-08-01/
clueless
Looks like another rough and tough month. Up down up down, no real idea of which way this quarter will finish and how q4 will go
The democrats and Biden are causing all the issues. They want to go into full lock down again. All part of the political pantomine. All for their tribal politics. Many think they can use Covid variants to keep mail in ballots for next years elections.
@Plumber95 - I'm afraid you'd have had a much greater chance of that happening if you left out the p...
...you are a plumber after all... ;-)
69p by 4pm
Hopefully some funds managed to buy enough shares of this a few weeks ago. To close their positions. If not will be hard for them to close. Whatever caused the SP to drop so low, has not seen enough shares for the shorts to close. So unless a big sell off happens. There is more likely a short squeeze to occur. I see Cineworld being snapped up by a takeover and the entertainment industry is going to go through a couple of years of consolidation. IMO
Headgefunds are having a field day with this stock, its currently the biggest shorted stock on the market. When the pit bulls finally let go, this should return to much healthier levels. Autumn will see a boom in attendance then come the heavy xmas hitters, James Bond etc. Hold for gold on this one. https://shorttracker.co.uk/company/GB00B15FWH70/