Jine 21st has to be next key date for us2 Jun 2021 10:07
Morning all.
It's my belief june 21st which as CURRENT reports suggest the p.m currently sees no reason not to lift restrictions and end social contact law. , obviously a couple more weeks data is needed which we will get over said time. And it's not yet a given it will end, however if the pm decides to do this I'm confident this should propell our s.p nicely north as it will mean we can start to fill up the cinemas which are clearly in demand. Personally I can't see a few thousand cases of covid when single figure deaths are being reported each day as a good enough reason not to move forward. There has to be a point this country and its economy are taking more seriously over something that is not our primary reason for deaths. And if he doesn't loft restrictions it will only be a delay rather then a final desicion , there will be a point when they are lifted.
Covid will always be around , and jabs will continue going into arms , we should reach 75pc of adult population at least having first jab today , all this while 2nd jabs continue to be given.
I have noticed last couple of days there seems to be some frustration in this share, some suggesting this share should be higher then it is , some clearly unhappy with the lack of movement. I personally agree with the first , its my believe this share SHOULD currently be higher.
I don't believe with our current situation that we should be the same as when we were shut and financial results had been announced highlighting our additional debt. With that said we have much to be happy about.
Our cinemas ARE now open.
Our TILLS are having money put in them.
Films no matter what one all seem to be in HUGE demand
And we have some blockbusters to come later in the month.
So to those that expect to see bigger rises , and want to see 15% gains each week calm down , the S.P will move you just need to have PATIENCE and allow TIME to do its thing.being a long term holder requires both and if you can't deal with that maybe you are in the wrong stock. Or maybe you simply don't have the patience to be a lth. Most of the posters here I speak to have been here a long time all in the green and all showing that said patience.
I would rather have slow healthy rises then erratic ones which come with erratic falls, as I said I'm not happy where we are , but if I like it or not I can't change it. I just look back to the reasons I originally invested , I look to where we were in October November last year , and I see more then enough to believe my target price will be met , all that's required as I said is my time and this word again (patience).
My last message is to the people getting frustrated at the moment in amc and lack of In cineworlds, I suggest you clearly haven't done enough research. This topic has been covered more then enough , and I suggest if you want to gamble on amc and making a ton of cash simply invest in them, rather then moaning about it here.
Bonkers