RE: What is going on? An explanation.30 Nov 2021 17:47
This is a mostly sensible post.
Hedge funds are not able to keep share price down as you suggest. That is mostly Hollywood-inspired narrative. The idea people are paid on this bulletin to support downward movements is beyond absurd. It is usually agenda-driven or, more likely, loneliness, spite and an enjoyment of trolling. Like some of the rampers on here, these types are beyond reason and not worth your time.
You are quite correct this is market-wide, with certain equities exposed more than others, leisure in particular.
Anyone that is patient, has some spare cash and has a strong risk appetite could probably benefit by picking up Cine at its current valuation. It is very cheap and, despite the fundamental issues with the business, is more likely suppressed due to overhyped concern over Omicron and the Cineplex court case.