Member Info for 77blackbridge

Dear Timeshifted.
XRP will make good before Cineworld ever does . Why? because unlike Cineworld, XRP hasn't lost its case in the courts. Cineworld is DOA . And to all that think streaming isnt a problem because it never was before, then you are also living in the land of make-believe because streaming in a pandemic during a recession is far different from streaming in good times. Don't look at sentiment, look at facts . A company with this much debt will be in trouble for a very long time and a couple of block busters isn't going to save it. Stocks is all about backing potential and I see none in this share.

If I asked anyone here if they would invest in a cinema chain during a pandemic while a massive increase in online streaming was taking off, and then added in that Brexit was going to massively increase family shopping bills, would you invest?... AND what if I then added that the company had being sued for more money than its total value and had subsequently lost the case, then what would you say? But if I then said that all UK utility bills would double for family's, further tightening the family budget, would you still be interested in investing? .. Sounds crazy but this is exactly why we are all here patting each other on the back for our brilliance. None of us came in after all of these things happened but plenty of us came in as they happened. We are all stuck here with a stark choice; stay and pray or go and try to recoup losses somewhere else . I recently made the latter decision.

I feel this share is dead in the water, I've taken out what’s left of my investment and put it into XRP coin. If the SEC case settles then I will make back my 70% losses from Cineworld. Cineworld has so many problems that I felt I had to jump. Keep an eye on XRP and see if I made the right decision, I put in £27000 at a price of 0.74. Good Luck to everyone who stays. I'll be back in a few months to see if I did the right thing. Over and out.........................................................

This was news at 1pm UK time and it had no effect on American Air or RR . Fuel and Covid are dragging everything down at the moment.

Not good results, but lots on here looking for any port in a storm. Any more lock downs and this company is gone. Todays 8% rise is as close to a pump and dump as you will ever see. There is no reason to say this share is doing well with these dept ridden results. I'm still holding but I can't see my in of 110 coming back into view anytime soon. Should see 63 by close of play Friday.

This won't break 70 and will probably dip again. Has anyone on here actually read the report; because it's bad. Basically it's telling me that they need money and lots of it : Fast! Bums on seats down, streaming up, dept up and more borrowing needed. One more lock down and its a free share with every popcorn bucket.

It’s important to realise that while everyone plays Ping Pong with the share price, quietly in the background RR are making money and working towards a greener future for aviation.

I've done a little research and can now see that the pirates are wrong footing the studios desire to stream their products. Suicide Squad was being downloaded at over 10000 per hour on one site the day after the movie launched and I'm talking high quality uploads which can only come from streaming. No studio is going to allow this to continue so with no control over the Internet thier only choice is to return to the warm arms of the cinemas. No matter what Fridays results show, I think common sence is telling me to invest and hold for the long term.

Lots of triggers set to sell at 110. Who sells a share at this price after the report RR put out today? It's the door to the future. I can't believe people would sell at this price, we were at 130 before a single vacine had been issued and a couple of billion loss for the year on top.

The thing that makes me laugh is some of knowledge in this chat room. Week after week I come on here and I see lots of people selling at losses or knocking the board of directors for this that and the other, the thing that gets me the most about this, is that I would bet any money that the RR board must see at least some of these posts and think to themselves what a bunch of******.
I'm pleased to say although a little jaded and sometimes quick with the sarcasm, I have held on to all my shares and bought at any price when I had spare cash because anywhere around £1 is a joke.

Whatever caused the drop is madness, you would need your head seeing too if you sell this share after todays report.

Only RR would do this on such a report :)

I'm in Cineworld, RR, IAG, At&T and Disney and they are all SH*T. ITV and Greggs are the only shares that saved me from having to sell. I shouldn't have gotten into cinema because I now think the studios have turned on it for their own ends; where as travel will always be needed and you can't download a hot beach or family into your front room. I wont sell my RR or IAG but I'm really close to binning the rest and taking the 40 % loss for sanity.
One things for sure after all the comments I read on here comparing cinema to football or McDonald's etc. no one on this chat room has to worry about being accused of insider trading.

I think that some in here are trying to convince themselves that they are in the right share, a little like the Luddites when the loom was invented or the Poleroid share holder when digital cameras came along. We all have to adapt with the times and cinema as a concept is under attack on all fronts. Sure i will rock back and forth in my chair but only because I've balanced this share with the studio stocks to keep my losses down. Just because I didn't see the future coming doesn't mean I can't adapt to it. Stop averaging down on this share and balance it with something that's attacking it.

oops sorry for the double post.

Cineworld is being attacked on two fronts, Covid and the Studios. Covid is not really the problem as it will eventually be in the rear view mirror of life but the Studios have taken the pandemic as a chance to promote their own services and make more money from streaming. HBO Max with Space Jam, Suicide Squad, Dune, Matrix 4 etc. and Disney Plus with Black Widow, Jungle Cruise, Mulan etc. People have to understand that the Cinema may never be the same after Covid. There is one unexpected savior to what the Studios are trying to do and that is Pirating. If the studios see that pirating is having a significant effect on their profits then they will have no choice other than to go back to the three month rule where the cinema had control of the movie. People on this board say that it’s not the same experience watching a movie at home but I think they’re wrong. Today the average TV size in the UK is 55 inches so in relation to the room size, this is as big or bigger than a cinema and now with 65, 75 and 80 plus screens becoming the norm and with prices dropping at an alarming rate I can see that Cinema is in a very dangerous place, far more so than at any time in its past. I shouldn’t say this as an investor but I actually prefer to watch a movie in the safety of my home with the lights off and the Dolby stereo turned up,, it sounds anti social but I have an agreement with the neighbors for movie nights. Sure I miss the expensive snacks, the anti social behavior, the phones, the smells, the bursting to go to the toilet feeling the escape to the car park etc. but sacrifices have to be made.
Cinewords dept is huge and will take an awful lot of popcorn to clear and I’m not so sure they will do it unless the studios start helping but it might not be in their vested interests to do so. I’m down more than I’m comfortable with so I hope everything I have said in my rant is total BS.

Cineworld is being attacked on two fronts, Covid and the Studios. Covid is not really the problem as it will eventually be in the rear view mirror of life but the Studios have taken the pandemic as a chance to promote their own services and make more money from streaming. HBO Max with Space Jam, Suicide Squad, Dune, Matrix 4 etc. and Disney Plus with Black Widow, Jungle Cruise, Mulan etc. People have to understand that the Cinema may never be the same after Covid. There is one unexpected savior to what the Studios are trying to do and that is Pirating. If the studios see that pirating is having a significant effect on their profits then they will have no choice other than to go back to the three month rule where the cinema had control of the movie. People on this board say that it’s not the same experience watching a movie at home but I think they’re wrong. Today the average TV size in the UK is 55 inches so in relation to the room size this is as big or bigger than a cinema and now with 65, 75 and 80 plus screens becoming the norm and with prices dropping at an alarming rate, I can see that Cinema is in a very dangerous place, far more so than at any time in its past. I shouldn’t say this as an investor but I actually prefer to watch a movie in the safety of my home with the lights off and the Dolby stereo turned up,, it sounds anti social but I have an agreement with the neighbors for movie nights. Sure I miss the expensive snacks, the anti social behavior, the phones, the smells, the bursting to go to the toilet feeling, the escape to the car park etc. but sacrifices have to be made.
Cinewords dept is huge and will take an awful lot of popcorn to clear and I’m not so sure they will do it unless the studios start helping but it might not be in their vested interests to do so. I’m down more than I’m comfortable with so I hope everything I have said in my rant is total BS.

Hi BotBot
I hope they haven’t sold for 50mil either, although I don’t see the sale pulling the share above 110 as we would need to be dealing in hundreds of millions for it to do that.
The only real way to get this share upwards and away from the 100 start line is for people to get vaccinated; I know that sounds old hat but at the moment anything can push this share down but if Covid becomes the new Flu then nothing can stop RR going up.

Because its going for gold :)

because we live in a global economy and any one anywhere can suck the life out of any share.