RE: Court Case Opinions15 Sep 2021 21:41
Personally i dont think the people are lawyers who are listening in , including me , so we will be looking out for key sentences ot potential headlines we believe would be case winning , many will be irrelevant, I'm sure it's not that easy.
Hearing the cineplex board have us beat doesn't surprise me , like we have a intrest in cineworld they will be looking out for key sentences that will help them. Again many I'm sure irrelevant.
I'm sure that both sets of lawyers know what road they will go down to try and win the case , ultimately 1 will win and 1 will lose , fingers crossed we win.
With regards to the s.p I genuinly have no idea, when it was 1.20 odd vaccines were just starting to roll out , cinemas were still shut and financials were laid bare , since then most of the nation has been jabbed , cinemas are open with a fantastic film slate and financials have showed good progress but the s.p has fallen nearly in half , logic doesn't really come into it.
I used to promote the above quite often here, but since the s.p drop I have took a different approach, the s.p will be what it is , I have faith over a period of time it will recover, and will listen to the financials as they happen hoping for progress each time, this will move the s.p
Fact Is s.p is volitile at times here, and logic hardly ever works, we have had great film releases which have made good money and the s.p has dropped , and rather then predict 1.50 s.p by month end due to bond being released I'm now at the point I wouldn't be surprised if it moves a lot less then others predict. This attitude has led to me being labeled many things.
Ultimately I don't care , financial results can't be ignored and in time I'm positive the s.p will recover, and that's all that matters.
Always remember you invested alone and you will sell alone