Member Info for BillyRay

Don’t disagree that it’s a concern that they have increased their short positions but doesn’t mean they are right. how many large firms are not shorting the stock?

96 seats already booked for the film unhinged tomorrow night at Sheffield. Not bad for first night of re-open.

Who has been checking the number of online bookings at the Cinema`s, Sheffield is looking pretty good on both Friday & Saturday. A good amount of seats already booked.

36.15 is the key support level if this breaks then we are testing the lows.

There is support at 36p, I expect the price to touch/test this level . I don’t think we go lower than 36.

Bid for 1,000 new homes at Chilton Woods site moves a step closer

https://www.eadt.co.uk/news/chilton-woods-housing-scheme-gets-closer-1-6759851

@Silverpixels

https://www.thisismoney.co.uk/money/news/article-8534861/Crown-Estate-land-deal-Taylor-Wimpey-disgrace-says-MP.html

Taylor Wimpey receives approval for new Boroughbridge development. Taylor Wimpey North Yorkshire has received full planning approval to deliver a new housing development in Langthorpe, Boroughbridge.
Proposals for the scheme, situated on land west of Leeming Lane, north of Skelton Road are for up to 63 homes with 40% of these being affordable housing.

https://www.harrogate-news.co.uk/2020/07/27/taylor-wimpey-receives-approval-for-new-boroughbridge-development/

Bad news about the quarantine rules coming back in for people coming back from Spain!

This and the markets weaker on Friday does not make a good picture for Monday.

work on Mission: Impossible 7. The seventh and eighth installments of the Mission: Impossible franchise were intended to be shot back-to-back (with summer 2021 and 2022 release dates) before production shutdown in February due to the spread of COVID-19. Mission: Impossible 7 was set to restart production in September, but filming has since resumed at Warner Bros.

It’s only a matter of time but it depend on your holding time frame, at the money the short sellers are making their money, they will probably push it lower, could go as low as 36 imo but they will soon turn and go long on the company, they will play both sides. I’m holding long term and took advantage to average down on Friday, next week will be bumpy but long term it (12 - 24 months) I expect a good return. (The news to follow is about the vaccine, not movies)

Good luck all.

https://www.medicalnewstoday.com/articles/hopeful-covid-19-research-not-one-but-two-vaccines-show-promise.

"In another interesting development, scientists used cutting-edge technology to create air filters that can kill SARS-CoV-2. The innovation could help stop the new virus from spreading indoors"

Lets see if people buy into the close.

There will be a move at some point to squeeze the short sellers (not today though)

Rating agency Fitch last week said the company's abandoning of its purchase of Canadian chain Cineplex and increased debt facilities could help it withstand another 9 to 10 months of cash-burn.

J.P.Morgan analyst Alexander Mees estimated Cineworld would burn around $50 million per month while cinemas remain shut.

Wow, some people have started drinking early! This company does have risk but everyone knows that and the short term is a little depressing but work to your time frame. Let the day traders have their day but If you are planning to hold for the next 12 - 18 months then I see a good return. I don't disagree that short term we could move lower, I have 36p as a possible point but that does not mean I think this company is done/finished. I in with an average of 60p and plan to hold long term.

We are right on a major support level, this level has to hold or I fear the worse. let's hope there is good news tomorrow on the back of the results. The move down could have been about trying to get people to sell positions, a bit of a squeeze by the MM.

Gl All, i`m in this with you.

If we break and hold above 144 then we are looking at the 150 to 155 level as the next test. Strong support at 136.50 level if markets turn.

IMO, the price needs to break through 54 and then 56. 8EMA is at 55.75 should be resistance. If we break 56 then it is onto 60+

Strong support at 52 and if you take 8th June, 23rd June and 2nd July and draw the diagonal line down (line graph) you will see we are close to it, a breakthrough this would look for a re-test 65.30

Watch the 125.25 level for resistance, a break and second-day move over this level would be very good.