Member Info for 77blackbridge

Well yes that was the point of the story. You are such a CINE!

No one here can doubt the power of cinema to generate a healthy income . If Cineworld started tomorrow as a new business the price would go through the roof and make all those that jumped on become very rich ..... But it's not a new company, it's a debt ridden company who uses all it's receipts to service what it owes, and on top of that it's being sued for more money than its actually worth. Funinvestor I already know your reply ... Don't say it..." Xrp is doing worst" :) I know I know ..

A friend sent me a text yesterday and used WOS , I asked him what it meant and he said "waste of space" I replied back "CINE" and now we are not talking .
As promised in my last rants, I went back in at the teens grabbing 19.5 only to find myself topping up at 18 to average my new loss down . Oh the wonderful world of CINE.....

Saying Cineworld will rise, based on any movie, is like buying Tesco shares because there is a run on baked beans. You can sell all the beans you want but if it's only funding the interest on the loan you used to purchase them, then you're just blowing in the wind:)

Has anyone in here actually seen Jurassic? It's top 5 worst movies for me right up there with Morbius, and from what I hear Buzz Light Weight is soon to join them. If it wasn't for Maverick I would be buying back in at the mid teens, but if this is the standard of post Covid cinema, then perhaps I'll just buy a new electric car instead.

The price drops low enough and a whole new batch of investors dive in to make a fast profit but soon it dawns on them that this is going nowhere, they get trapped at 27 etc. all waiting for the rise to get out at evens, and so the price drops again.... I'm still waiting for the teens before coming back in, especially after getting burnt when I bought last year. The best advice I received was to wait until things stabilise with the courts then go in; sure you will miss 10 % or more on the rise but so what, it's a penny share ..

Netflix are not going anywhere because they don't have a multi billion litigation hanging over their heads . Netflix is the future of Cinema and once they regroup and throw out their stupid Covid based long range forecasts they will come back stronger than ever.. I'll say it again Cineworld has too much debt and too much litigation to go anywhere, but this could change depending on the outcome of their ongoing case. No-one should be investing at 26 etc. It's just a shorters dream at the moment, every good movie makes the price jump, but then it falls back to where it was, and this will happen plenty more times until the risk of bankruptcy has gone.

And here's the rollercoaster I warned about in my last posting. Way too much going on in the world, and in the court room for this share to make a meaningful climb.

It's like a rollercoaster, to get the drop you need the rise. It's coming.

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.