Member Info for 77blackbridge

Totaltrades . Kinda difficult to de-((ramp a share that's lost over 99% of its value . And too anyone else pouring in money without ANY news, then good luck to you but it won't end well.

I stuck £100 in and made £14 today . Im now in profit with a Cineworld share . It took three years and many sleepless nights but I did it!!!!! I clawed back my losses and today made a tenner .

They tried to hide it but the smug look on Smugookys face kept giving the game away so they just went ahead and told everyone .

Still a chance Mission: Impossible – Dead Reckoning Part One and some good popcorn sales could save the day. It's all I can think of to explain the 0.50 to 0.57 after all today's bad news.

Bonkers. I never seen myself as gloating but more a voice of reason in a sea of unfathomable optimism . This share was doomed as soon as COVID hit and not by shorters or naysayers but by bad management who didn't have a clue what to do when COVID hit and all but bankrupted a very good company. I suppose I am now gloating because I ignored the rhetoric and clawed my way back using the unfounded optimism of so many. We all remember the guy that was suicidal on here after investing his life's savings and hiding it from his wife, I'm sure there are more and I'm also sure Mooky and Co. aren't among them , so please direct your anger at these people and not the man who wore the " end is nigh" t-shirt and tried to warn anyone that would listen.

Just like to give a big shout out to Funinvestor and Poorinvestor who's advice if followed will have lost a lot of people a lot of money . Below are some of my run ins . I was swayed a few times after taking advice from people I paid and should have known better, but in the end I used common sense to claw back my money . I hope lots on here seen what was happening with the weekly rises and used them to their advantage . I keep saying I won't be back but this was the only chat room I ever invested my time in and it's hard to say goodbye..

https://www.lse.co.uk/profiles/77blackbridge/

Why is this still at any money? I'm out but I can't help checking in everyday, after all I was in this share for years and deserve to sit on the sidelines and watch the ambulances arrive . Anyway I just read the below on an investment site and I can't for the life of me see why the price is holding up at anything but zero . zero . Is this a bit like the Titanic sinking and people continuing with their dinners and dancing, refusing to believe what was happening?

"This might allow the company to exit bankruptcy as soon as July 2023. However, Cineworld reiterated that the process will not mean any recovery for its existing shareholders"

The big V is right but the opposite to Churchill's.

An over simplification perhaps but the point is a good one. Even today new joiners who came in earlier are looking at a loss of over 30% .. This share is now very dangerous and should be treated with the same respect as a Nigerian dating site for older men.

I think the shorters will have moved into pastures new. Any rise in this share is speculative at best and at worst it's a trap for anyone with money to lose. There is no news, there can be no news because the insider dealing police would lock up anyone that tried to make money this way. It's pass the parcel at this point and everyone is waiting for the music to stop to see who's left holding the parcel and what's under the last sheet of paper.

Such a short time from me buying at 120 then selling out at 67 only to buy back in at 23, then massively load up at 3 and then get out at 7 only to return at 4 and now to sell out at 1 and what did I lose ? Nothing I made nearly £300 for investments totalling nearly 90k . 2 years of stress and a missing finger tip from the refresh key has taught me to keep my money in the bank. Goodbye one and all xxxxx

Why is everyone in here quoting the good bits of the recent Financial times article but totally ignoring the warning in the same report that current share holders will likely be wiped out?

Bluebuxton .I was in deep once as well but managed to rescue a lot by buying in the drops to under 3 and selling at plus 4 . I'm not sure if there is any good news left to get another rise but I would be tempted to go back in at this price and hope the bank crises resolves passing on a nice share rise for Cine.

patiencebringsit No idea but they made a right mess of my suitcase last holiday.

Lamaid. You're doing better than me as I'm down 70% on a 4 year holding with 15k invested . I see all the hopes for a sudden pickup being forecast again but after three years of checking this share once or twice a quarter I have a strong feeling that I'll still be 70% down for the foreseeable future. Mind you when all is said and done, it's doing a lot better than my Cineworld investment , though I'm not sure if investment is the correct term for a mugging. See you next quarter........

JohnNth . Unfortunately I bought into this share more than once and it's taken all my other shares to cover the loss induced by Mooky and Co. I understand where everyone is coming from and really hope things turn around not only for myself but the others on here who have been screwed over. Perhaps I have over simplified my "Why to buy Cineworld " thoughts , but after everything this share has done I think it's time people woke up and looked at Cineworld as "Why would I buy it" and once you do that, a lot of arguments don't hold water.

A family member recently tried to buy a barbers shop but the owner wanted way too much money for fixtures and good will so she bought a vacant shop on the same road and opened her own barbers, 3 months later she was buying his equipment after he closed and sure enough all his ex customers went to her for their haircuts. I just can't see why this isn't the same for Cineworld albeit on a larger scale.

So beside the obvious with debt equity etc. Would it be cheaper for me to take 7billion dollars and set up a cinema chain?

Just following up on my meanderings but would it be cheaper for a potential buyer to set up a new chain than to buy Cineworld? I'm guessing that if Cineworld goes under, there will be a a lot of seats, screens, projectors going up for auction .

This has been one hot potato since August, big players coming in and out on a daily basis driving the percentage up and then pulling out to make it drop and during all of this, new mugs are sucked in on the promise of easy money. No one will buy Cineworld with all its debts it's as simple as that, it would be cheaper to launch an entire new cinema chain with fresh capitol than to take on however many billions Cineworld owes. And all this is going on at a time of austerity and ever increasing streaming and downloading . Mooky filed chapter 11 to make himself money and I really wouldn't be surprised if he's made an auful lot from these one day 20% rises which randomly appear on the back of some spurious news releases.