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Are you all for real? Happy days and pats on the all around! Price has risen because of the mini budget, on the small premise that people will use their £1000 to visit the cinema and sit back not worrying about food or fuel etc. Lots of other shares have risen as well, and all for the same reason but unfortunately for all the back patters here, this sentiment won't last and 22 and below will return to the Cineworld graph ... The exact same thing happened in the USA when hardship funds were handed out during covid , everyone put the money into Crypto causing a short lived rise. Cineworld needs more than poverty money and Top gun to fly it's way out of trouble. Stop forgetting the debt and litigation, it's all real and not make-believe ......
Oh dear . Was I right again ? Inflation proof my ass!
Whatever I post in here , all I hear is ooh look at the de-ramper etc. Etc. Truth is that this share belongs below 20 and I have the ability to say it as I started pulling at 60 50 and 40 .so I'm no longer hitting that refresh button every 10 secs Now I'm in XRP with my Cineworld cash at a good average. I also told everyone here that this would be in its 20s only to be rubbished by the usual know alls who were too stupid to pull when they should have. I've said it before and I'll say it again, XRP will hit 100 well before Cine ever does. Does any of this stop me coming back in ? No ...shares are like war, you can revaluate at anytime depending on what the enemy is doing.
Listen to no-one but yourself. ...
Metom .....Shell was a great comparison to Cineworld . I mean if this doesn't sum up people like you and Funinvestor then I don't know what does. People have to buy fuel to make a living, to get around, to fuel homes etc.etc. you can't really avoid it can you ? So to say Shell being up shows inflation is rubbish especially while fuel is in short supply because of Russia, is just so dumb that I think you must be Mr Dumb from the planet Dumb... I suppose if the war gets over here we might all run into a Cineworld to duck and cover, but I don't think it will come to that . Funinvestor ...hi how are you , let's see ...you have being advising people to stay in this share since it was at 1.20 and I can't be bothered to go back through your rants to see how much bad advise you have given while I have been advising people to leave since it got to it's 60s .emmmm who's more right ? .... And didn't I say that XRP would probably drop when it was close or at 90? Yes I did .. and what did I do ? I ran out and bought more when it was in its 30s. A lot more and now my average is above its current level . This my dear Funinvestor is called investing ..
Again with the snarky replys . The price is too low to ignore , and as many have said , it's too big to fail so a little flutter at below 20 seems sensible, no matter what my views are overall.
Thanks for some polite replys for
a change . I'm waiting to get back in with a little flutter but the inflation news has stopped my invest finger for now. Nothing is inflation proof it's a bit like freezing to death. Your outer limbs get frostbite as the blood rushes back to protect the heart slowly you die from the outside in... People will pull back on things they don't need to protect the family heart i.e. mortgage, food and heat.
Could even drop below 20 today. People who can't afford food don't go to the cinema..
It's hard to leave with losses this high bit I did the same and felt all the better for it . Good luck for your future, I'd advise you on XRP but that's not being so hot for me lately although I still expect it to rocket after SEC. :)
https://www.kentonline.co.uk/ashford/news/appeal-after-stock-stolen-from-cinema-265782/
Today's Google graph looks like an evil smile to warn investors of things to come .
At best these movies will only pull in enough money to cover the outgoing costs of the huge debts Cineworld is struggling to cover. What Cineworld needs is a new injection of funds, a favourable end to the Court case and a new CEO, & board paid with share options, and not huge amounts of cash. A business should be built from the foundations up, movies are just the windows which keep out the cold. I know... Shut up Blackbridge, I'm putting you on block:).. I'll be back at 60 so my fingers are crossed for this business.
Funinvestor. I give so little personal info but you make a lot from it, I sometimes make out that I'm a lot poorer than I actually am, mainly because I'm not one to rub wealth in the faces of others . I have so much in crypto that the money I lost on here looks like small change, but the difference is that I now hate this stupid company with a passion. I've lost thousands in crypto, Bitcoin 33k down and counting. Xrp starting to look good and I'm sure this will double once SEC is finished, Eth- I did really well with this as I got in very early, and don't talk to me about all the alt coins I have, but whatever they do is all down to the will of the people holding it and the governments staying out. Cineworld was just one of the recovery shares I thought would make me a good return and I fully planed to dump a lot of other things and stay in for the recovery.. My loss is fine, and my own fault as I backed it one day on a whim and never looked at the fundamentals. Why the board didn't try to negotiate a withdrawal from its disastrous move to buy another chain is beyond me to just pull the plug and think they could walk away was pure stupidity. I purchased 300 e bikes last year but halfway into the deal I had to bail because I found the same bikes at a far better price, did I bail on my original seller and hope they would take it? No I went to them and negotiated a withdrawal that left us both happy and kept me friendly with the original supplier. Cineworld should have closed shop earlier into covid and kept shut using the Gov furlough scheme to help its employees, they should have negotiated their rents and gave ultimatums to landlords that wouldn't play ball. Cineworld instead decided to stay open for as long as possible, pay employees in popcorn, hide from a done deal and completely ignore the fact we were in a stay at home society turning to streaming for entertainment. Cineworld have brought the wolves to their own dinner table and expect us the shareholding guests to feed them. I once said that I had put enough in here to buy a small house, but I never said where. Please carry on adding all my rants together to see what you can make up, but never think that you actually know someone from the Bs we all post on here mostly at times of complete frustration. As I said recently, when you see the Russians leave and the market rise get out of cineworld, and go somewhere like defence because the Russians have opened a whole new world and perestroika is well and truly gone.
Funinvestor. Do your homework and go back through my posts, I was out for the principle of my money long ago, most I took out when it was in mid 60s, some I took out in the 70s and even some in the 80s although this was more to buy crypto on its drop than out of any ill feeling for the share, and my recent 5k out was in the mid 30s. I was in in at much higher so nothing to brag about but I can now read this share like an open book.. Yet again you come in here full of anger at my foresight and your own lack of balls to get out and recover with other shares. I'm now in a position where I can wait to see 60 before coming back in and more importantly I'm also in a position to sit back and see where this goes without losing anymore sleepless night or money.
Being filtered is the highest form of flattery. I've given the benifit of my wisdom to many in this room, some have thanked me but most have ignored me. The people who ignored me or filtered me are the ones that should have jumped at my advise when this was in the 70s, the writing was on the wall but everyone was listening to the false profits and trojan horses who were desperate to keep the good news flowing. Simple question is would most of you buy in today knowing the news and potential news this company holds? Sure you will get your 10% rise here and there, and then shout blackbridge where are you? But its all a tempory respite from the relentless downward fall for Cineworld. Until the litigation is over, covid is in the rear view mirror and management has debt under control, where all receipts are not covering just the interest on that debt, then this share is destined to be scraping the bottom of the barrel even sometimes trying to dig under the barrel and go deeper into the red. I see the 20s coming if the world dares to throw another curve ball this year.
Does anyone else think that cineworld is firing it's rocket through the earth as a short cut to reach the moon?
Here I am with a massive smug look on my face. Wow I can't believe how right I have been since I started to warn you all where this was going. The debt is just too big, any profits are eaten by interest on the billions owed. Let's not even mention the litigation going on in the background. And those of you looking for a takeover :) who would buy this much trouble? I bet XRP doesn't look so dumb now.. I've already unloaded my remaining 5k and left just £10 in so that I can taunt all those who snipped and rubbished me since I spotted where this was going.... Sure the price will fluctuate but if you see. 44 again especially after the war in central Ukraine is over, jump out and take the loss..
I know I promised not to butt in, but I can't stand by and see my fellow investors crash and burn_especially new investors who haven't lost anything yet.........Spread a little into defence and air, perhaps buy a little crypto but don't stay till the end of a bad movie just because you paid for the ticket.
https://uk.finance.yahoo.com/news/cineworld-share-price-might-heading-120836663.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAGUfikGD69-uSBM4VvRZlsdnejIrFOigWH6BCkEBe6lOEUfleaZ-gxWvqH7kL3OH5q-x1NUHruwk8xltPtmlWRYsHZMabZahKLIM3cNCvDXtlEJixh2RGpgT6eel7Vt-5PKGIliUHOVpbtmDTk6q2hT9RjbIoN2OK9bkFdA6QoQU
I bet I see $1.20 on xrp before anyone here sees £1 on Cineworld. I forgot I was supposed to stay out of here till I made my money back, so I’ll take the hint and go away, but I'll be back when I hit 1.20 and regain my cash. And all of you losers will hear one big massive "I told You So"....p.s Last time I looked I was nearly 10 points up on my .74 investment :) but let’s not gloat because I see trouble ahead for crypto with Russian sanctions etc. but not as much as I see for Cineworld and it's huge amount of baggage.
Thank you for the post referencing my life in cineworld and beyond. I've actually being in share for 4 years although only on this board for a short time. I have invested in many shares, some good such as William Hill, Greggs, Arrow Global, Oxy Oil to name but a few on the flip side I have held Wirecard, IAG, Costain, and a few others which I don't want to remember. I did have a 5 figure sum in Cineworld but lost half of it before jumping, but I did keep 5k in just for fun. Shorting a share would mean I quickly buy and sell to make a profit but I've never done this, so don't really understand the constant references to it. I do see Cineworld as a potential Wirecard but I think its a long way from dropping off the map just yet. Cineworld was by far my biggest investment and by far my biggest loser and the annoying thing about it is that it shouldn't be. I was caught out by the Court case as I hadn't done my research properly which I agree is crazy considering what I invested but, I live and learn. However I have now done a lot of research and I see this for what it is, a debt laden, badly run company fighting competetors on all fronts. If I brought this company onto Dragons Den I would be laughed out the door as I now think its the Blockbusters for the 21st century. I really should stop coming into this chat room, but I think I spent enough money on the share to earn a lifetime subscription to be here. If anyone here doesn't like my posts then please just block them and move on with your lives. Watch XRP and if you see it go past 1.20 then I will have recovered everything I lost on Cineworld...
Just seen this on Yahoo. Brilliantly witty and you really have to hand it to Yahoo for trying to cheer us all up.