Member Info for 2reincarnated

Really hope not, but would not surprise me

My only concern would be, unlike other stocks which have recovered strongly in this mad environment in which hospitality stocks have doubled, tripled and more whilst closed.
SIG has stagnated, in the next 6 months or more we will see the wider market " take stock of its madness" to that end, I hope this does not prevent SIG doubling.

When is it?

The SP drops to 25p within the next few days, but expect 40p by Easter. Hate to say it,but the move to 60p may be a lot slower, then again who knows it could be 75p by the summer.

This is going to fall more than we think, but is going to also rise a lot more than we think.

If it does go to 25p, it may be a technical thing because it will be closer to 30p at the blink of the eye.

error

https://www.cityam.com/pearson-and-cineworld-shares-jump-amid-manic-reddit-short-selling-feud/

something else could be happening?

starting to think the SP is doing this in anticipation of a wider market correction which is due. It's as if SIG is falling for the sake of falling. I add to my holding at some point, if it drops further, can it go to 25p?

The SP is being driven down by the people who are going to benefit from the surge we can expect at some point. we are merely " small fish in a big pond."

Problem is so many companies which have survived or will survive have taken on huge debts. In some cases there have re financed and this has been a driver for there SP doubling, tripling and even quadrupling. Expect to see Rights Issues carried out even 2 years from now I would not buy into any RI unless I held the shares at the time, this is because the SP will drop below the RI price
With respect to SIG at least after the RI it has little debt which will either help boost the SP or make it a takeover target.

If there is a bid, it will certainly be more than the minimum. More likely to be 60p which would represent a 50% premium to what is likely to ge the prevailing SP.
Personally, if there was no covid, that is where the SP may have been today anyway and a bid therefore may have been closer to £1. I don't think this company will go for 60p and therefore expect to see further drama first. Not nearly as much as we can expect to see in the current " bubble market" where many companies will return to their March 2020 lows. This time they will stay there for a lot longer and we certainly won't ge seeing " closed retailers, restaurants and pubs" tripling in weeks.

and if they did not come in, by now this company could have been bought outright by a Private Equity outfit and my goodness we would have seen them strip down the company and float it so quickly.

if anything will prevent anyone else building up a large stake or prevent an outright bid by another party. I could be wrong, but I feel CD &R will be patient with this one.

Why the SP is where it is. This is perhaps one of the worst performing stocks I can mention, in other sectors stocks have rallied, even battered retail stocks have recovered strongly.
We should really be at around 60p.

Because if we are not due a crash caused by the fed " buying junk corporate bonds" we are certainly due a correction. With either scenario, what does that say about SI G? We really should have broken 40p by now.

could double as early as March, providing an "obstacle" does not get in the way like a Dow Jones correction or even a crash. I will sell at 60p.

It was anger mixed with fear and frustration most on this BB will themselves feel that way if we don't move on strongly from here and quickly.

Not forgetting FTSE 250 entry when the market cap increases with the SP. A very worthy member it will be, unlike the likes of First Group etc who are in it because their SP reovered in weeks.

Just hope the stock market is as " forward thinking" with SIG as it is with stocks in sectors that are closed. If it even half as " forward thinking" we can get to 50p quite quickly.