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It was probably the beginning of the big drop. He timed it perfectly. Or maybe he caused the downfall lol. If he caused the fall, he can deffo cause the rise. Heres hoping.
No problem Broker. So it appears Mooky sold his shares at 1.07p by my calculations. Good timing on his part.
@LTHcine that’s some line up of movies for 2021! I could see a studio trying to move a tent pole movie into Feb between WW1984 and Bond in April. What a great selection.
No he reduced by a 3rd when lockdowns were being proposed.. now he can buy back his shares heavily discounted as soon as he feels safe to do so.. he will massively reduce his average price in the process and still have money spare from the sale
Thanks drifty...
Here you go Broker 1
https://www.google.co.uk/amp/s/www.sharecast.com/amp/news/news-and-announcements/cineworld-shareholder-gct-sells-79-stake-for-pound116m--7374809.html
Thanks..... nothing recent so all good.
March 9th 2020..
Good points sir. Well done. I think hes only allowed to own 29% of shares? Could be wrong. But I would imagine you are correct and he will want his full holding back.
Thanks but i cant open it, what was the date... cheers.
Does anyone believe he wont want his 8% of his company back at a 3rd of what he got for them? Its only a matter of time until we get the waiver news and then he will buy back
https://www.ft.com/content/3045c296-6201-11ea-a6cd-df28cc3c6a68
LTHcine.... read your post, i hadnt realised that M0oky had sold 8% of his shares, when was that? Apologies for asking...
There is so much resistance at around 29.7, loads of sells flood in to keep it lower
I really do believe M0oky is going to suprise all of the shorters in a way that they will remember forever... remember he sold 8% of the company shares for almost £120m.. as soon as he gets waivers hes gunna PUMP all that back in to lower his average and shorters will cry their little crocodile tears.
As someone else suggested, mooky advised shorters to run away earlier (before things return to a more normal).
Mooky with his holding does not like shorters, but maybe they are helping prevent a debt for equity as prayfor suggested.
Yeah exactly the kind of thing I'm on about.
If sky news released that cineworld are in talks with a bankrupsy specialist, I could understand all the negativity, but they didn't say anything remotely close to that.
Its just a crazy share at the moment, need balls of steel.
Some sense in that Prayfor.
The sky news report didn't really report anything new apart from company cineworld have hired to help sort out any deal with the lenders appointed team.
The lenders probably will have the power to close down cine for good, but the real qquestion is, would it benefit them?
High manipulation is my guess. Seems like companies are just selling shares to eachother to keep the price low. Why? Who knows. Probably to scare PI's away and get all shares out of the hands of people like us.
This sounds like a massive ramp but, cineworld closed their doors to save cash burn and the SP took a battering. Everything is getting negative spin thrown on it at the moment and the BoD are staying silent. Maybe they even want the SP to remain low so that creditors don't throw in a right issue request.
In a world with less manipulation yes
@prayfor
Dunno if you can help me.. but what’s the reasoning behind this? Shouldn’t the share price go up if Brought outweighs sells?
Volume sold 550k
Volume bought 800k.
Sp down 5%. Some muppets are really playing into the hands of long holders here.
Short tracker up slightly today:(
In all fairness to Ash i don’t think he’s a deramper. Looking back at his post, they are viable comments. I think we all no the true derampers and twats on this board. Insi and shorterguy are the head ponchos of the deramping community! Think insi been blocked thou thank god!
Deramper in disguise? Haha you guys are an absolute joke. I'm a realistic long term holder. I don't have time to short, let alone know how to do it well. My posts are based on opinion and what is happening and how I feel. If you read my posts, you'll also notice where I've said not to listen to derampers or rampers. You'll also notice where I've said I'm a holder. Do you really think I have time to be playing on a team of people posting negativity for no reason? You do realise that you have no clue who I am? Absolute jokers you lot. Just concentrate on yourself
Ashtash, don't cry because RS has called you out for being a deramper in disguise. I've just looked back through your posts, I suggest you do the same. While RS hasn't quoted you word for word his comments are fair. If you don't want to be lumped in with the others then stop acting like the others, simples.