Cineworld Share Price (CINE)

I would exercise caution on supposing that the pandemic is calming and that it is under control. I monitor each week the excess weekly deaths (this year vs average of last 5 years), which I believe to be a better measure of the real COVID19 impact. Surprisingly, last week the weekly excess deaths increased again for the first time since peak. If that data point doesn't improve next week, there could be lockdown measures for longer.

https://www.ons.gov.uk/peoplepopulationandcommunity/birthsdeathsandmarriages/deaths/datasets/weeklyprovisionalfiguresondeathsregisteredinenglandandwales

I agree with sam. I was out last thusday to hope to buy back in at 52-53 p and now its 80p+. Yes i did miss the profit but i wouldn't buy this if its not back to 60p. Lets see where its go for next two days. Gla

I agree with @nightyard. 2 days of meteoric rise without any major news is too good to be true. Stay tight and buy it at the right price. I wouldn't lose sleep either if you miss this wave, the next one is round the corner after it retraces ;)

I would support the opinion of Investroid. Fundamentals are driving this share price up as, comparing to our neighbouring European neighbours and as far as the Middle East, cinemas and retail are re-opening with control procedures.

To compare the share price to April, prior to the latest developments and the board issuing a comfort statement that capex costs were reduced by over 80% and negotiations with lenders was progressing well is niave at best.

The FTSE 100 and 250 is rising on positive news that the pandemic is calming and governments are approaching milestones to ease the lock-down further which will see positive footfall and patrons visiting cinemas and other leisure activities.

A hell of a lot has changed since April. It's June in a few days. The developed world has largely overcome the worst of the pandemic. We're controlling it well and in fact in some countries it's all but been eliminated. Plans for normal life are now in fruition. You're comparing apples and sour oranges.