Member Info for cambridge130

Meme investors destroyed. Inevitable fate.

Indeed Cineworld, this cat most definitely has not got nine lives.

wise words mr Strap

"USA about to put boosters under the share price now 5, 4,3,2…"

ZERO

rather than double down and lose even more money you took it on the chin

chapter 11 is a very smart move for the company, but definitely not for existing shareholders, you'll see.

Sprout45

I'm not shorting CINE, haven't shorted in the past, and definitely won't be shorting it in the future.

So I won't make or lose a penny on this stock.
Just watching from the sidelines in fascination at the psychology on display from CINE shareholders

The good thing for existing shareholders is that the stock has not been suspended from trading. Allows one to sell out now and get something rather than practically nothing after the inevitable dilution.

This share will rise for a little while (it won't be a meme stock), then just death by a thousand cuts over the next few months in the run up to the massive equity dilution.

The chapter 11 was inevitable. This will give the company time to work on a resolution. The massive dilution of existing shareholders will be part of that resolution.

@Dazgard123

The press were playing their part in this whole circus.

The shorters have already made a fortune. They have won.
Goldman Sachs positioning themselves nicely.
All other shareholders will be wiped out when the company is rescued.
Cinemas and Cineworld do have a future, it's just the shareholders that don't

I think it was a dead cat bounce i'm afraid. many people with massive losses do irrational things and will keep buying to try and hold the share price up. it will then fall again further rinse and repeat.

Shorters closed out their positions already and made a fortune - and did not get burned like people said. Look at the amount of stock being held short now - almost none compared to a few weeks ago. The share price still keeps falling though.

I've sold out this morning. Going to sit on the cash for a little bit before deciding where to invest next. Glencore is a quality company though, and I'm more than happy with my winnings on this one.

I think anyone coming in or still in here will do very nicely indeed.

Good luck everyone

This one is a tough one, I've been in since December '20 and I'm on a knife edge as to sell this one. Been a brilliant ride and made 119% gain. My feeling is maybe leave something for the next guy. A very good company though either way.

@lmulhare

"I think shareholders should consider selling above their breakeven"

I don't think any shareholders have a chance in hell of that - all 95% down at least and soon to be 100%

Another gut churning lurch downwards before 4.30pm. It will be a long three days.

spot on RickEngland. Big share price falls coming tomorrow

Buffet started with nothing and is the most successful investor of all time. He is definitely not overrated.
He would make much larger percentage gains these days if he was a smaller investor able to invest in up-and-coming growth stocks. But in order to move the needle on the dial can only invest large sums and therefore only invest in very large companies now, making much smaller gains than he used to. Saying all that, as well as much more ability than any of us, he had the advantage of being born in the USA and investing there is a much better game. Nearly 2/3 of my own holdings are US stocks.

blast! I bet 1.7p at the close today. should have stuck with my original guess of 1.99p.

1.38p at the close tomorrow

1.9p now

My 1.7p close prediction is looking on at the moment