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The Truth is August is Going to be the Month For the Future For Cineworld Stock.
If They Keeping the Name Cineworld With Their New Company then their is Still Hope Just.
It pains me to say but there is no hope. Granted this past weekend it was full but I went to the dome in Greenwich on the first weekend of Indiana Jones and there was just 20/30 people there. The debit is so high we would need the cinema filled all the time and that is just not happening.
Once Cineworld goes into Chapter 11 then all shareholders get nothing as there will be nothing left. Sorry but fact. I've had a similar thing with Debenhams and Thomas Cook.
The Difference is Thomas Cook and Debenhams Didn’t Have a Future.
The Truth is Cineworld Does Have a Future.
We had all the same arguments with Thomas Cook, Carillion and other companies. People bought in after conducting personal, in-depth financial analysis (“Look at the SP graph! See how far it’s fallen! Look at what I’ll make if it goes back up!” - that was it in total) only to see the SP slide and slide.
For one in particular, that was great news - the more it fell, the more of a bargain he felt it was (in his deluded eyes).
Cineworld doesn’t have a future. True - ordinary cinema customers won’t notice any difference but current shareholders will.
What has a future is you. You’ll learn from your mistakes, dust yourself off and use what you’ve learned with CINE to make a profit on your future investments.
Someone on here told me not to tell them what to do with their money (accompanied by insults, of course). I said I didn’t and it was up to them what they did with it but I wouldn’t touch CINE with a bargepole. Those people got burnt. They chose to get burnt. They can learn from it or not.
But do you stand to gain if people follow your advice and cine goes to zero ?
Honest answer please
No.
It is like stumbling upon someone being sold something worthless, telling them it’s worthless only to be treated with suspicion or even derision.
Even though Cineworld said shareholders would get wiped out, people on here STILL refused to believe it, blinded by the vertiginous drop in the share price and fantasies about what would happen if that drop were reversed.
Never underestimate people’s ability to deceive themselves. It truly is remarkable.
Where's Poor? No doubt he got out just in time with another two bags.
Hi Wolf! What a coincidence - I was just about to comment on @poorinvester only to see your post.
I took a look at his profile to see he’s writing the same old **** but regarding different shares. Here’s his most recent comment:
“RE: Buy27 Jul 2023 20:56
If MARA drops below 14 bucks, I’m going in super heavy as I’m already in heavy so super heavy is the only way forward lol...”
A leopard never changes its spots!
>>Never underestimate people’s ability to deceive themselves. It truly is remarkable.
Well said.
Conmen could not operate if it were not for people desperate to be conned.
It’s interesting you say that as I was avoiding saying it as this wasn’t a con. But, yes, cons are founded on the mark being desperate to belive the story being spun.
This is why telling the mark it’s a con often doesn’t get the reaction you expect - on the contrary, expect anger and denial, and the mark continuing to go along with the con.
I imagine that a con man relishes the mark disclosing that he’s been told it’s a con, and them both having a laugh over how ridiculous that is.