Member Info for 2reincarnated

He does that, he pops out of nowhere. Sandyman I disagree with joesoap1, but asking anyone to refrain from posting, is silly. Nothing wrong withJoesoap1, he knows me as 20p boy!!!

Sorry for re posting did' see the reply

Agree. Cannot understand why the Dow has surged. Do you think we could see a "double bottom" or in the case of the 2008 crash, it took over a year to find the bottom.

Correct re rate will be spectacular, but from a new low!!!

Quite simply this will go down in due course, we all know the recent stock market rally in the U.K was a "false rally." ITV like many stocks have not found their bottom, we may have several similar rallies before the bottom is said reached.

Not yet

Do you think we will vist 50p again?

No!!!!

Because it is going to return there!!!

No!!! See where this goes when the Dow Jones is moderated downwards to reflect US unemployment and of course the deep recession.

Think it will swing wildly again, but from a new low. I.e. It will drop below 45p, how much lower?

Understand your concerns, but Cineworld is not going to go bust. Even with a shorter lockdown, this was going to head down. This has risen like so many stocks on the back of the "suicide dow rally." When the cinemas open and we get a recession, we will see this drop. The current price is a. Measure of what the SP will be in 12-18 months time.

And it will visit that point again

Stop it please!!

After the Rights Issue of 2019 was carried out to overpay for Wagamama which obviously wildly diluted this stock. This has now reached a new level with yet more shares. Sooner or later the issues this company faces will come out in the wash.

Still think this stock will be " haunted" by its past even next year!!

My goodness after a Rights Issue last year we now have a share placing, resulting in a ridiculous dilution of this stock. The current SP reflects what the SP will be in 12 - 18 months time, expect a massive retrace.

I already hold SIG and think if they fall further they are dead cents to double.

I was about to jump in at 18p, but can now see it going to 15p. I think that will be the floor. If there is no nasty surprises with the results, I can see it recovering to 30p when the lockdown is lifted. From there I can't see much movement quickly, unless it is the subject of a takeover, it has always held a price which has kept it from being undervalued, but even taking into account the recession that is coming, 30p would undervalue it.

Will you be going on your hols to Italy or even SPain in 2021?

Of course not anymore than when the lockdown is lifted, pubs, clubs, cinemas and theatres will be dead, until a Coronavirus case has not been registered for months.