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I read AMC are buying a gold & silver mine for some rather odd reason.
Movie cinema's and buying a gold mine? Seems a bit of a strange mixture.
Maybe Mooky will shock us all on Thursday with a move into space exploration.....
https://www.marketwatch.com/story/amc-to-acquire-22-of-gold-and-silver-miner-hycroft-in-surprise-move-2022-03-15?siteid=rss
Pig
The Toad speaks the truth there; buy/sell volumes don't mean a great lot really
My view anyway
The Pig
Sold out here the other week @ around the £28 mark. Got the dividend too.
Thinking about getting back in but hoped for the £20/£22 level. 2,437 as i type.....
Pig
Looking at it another way, will some sell stocks at losses to put that loss against gains at the tax year end?
I guess it all balances out.....
Pig
Just catching up with last night & this mornings posts. Looking at my portfolio within my, & Mrs Pigs, ISA's. We both have enough CPI now & await the eventual turnaround in the stock price. Same with CINE, enough there too.
Been accumilating LGEN over the last few weeks as it goes XD on 14 April. Probably won't hold for the dividend but 'divi dodge' if there is a run up to XD day.
Our other recent accumilations, with regard to the Nasdaq, have been Coinbase & Meta(ex Facebook)
Sold off all my BHP Billiton week of so back after XD date @ £28. Watching the retrace there, but not re-entered as yet.
Both ISA's still well over 60% cash, so plenty of capital remaining for bargains.
Pig
Fully agree there Olpps,
Best to analyse the company, not the stock price to my mind....
....& i think the company is doing well..
Pig
I tried predicting last week with Capita, & got miles out.
So, i'll go in at Thursday close of 38p. Sorry for being so low, just think it's the market at the moment.
How about a quid by mid summer......
Pig
Am long here & have been through thick n thin. So deep in the red i need into the sixties just to break even. Really hope the figures on Thursday will be good, especially for Q4.
But, just for the sake of balance, i would point out that good results don't always reflect in the stock price.
Cinemark came out with great results on 25 Feb, yet the price has dropped off 13% since.
Similarly, AMC reported good 2021 numbers with stella Q4 on 1 Mar. Their stock price has dropped a huge 25% since.
Piggy
Fair enough Fun. But if i'm on a pedistal, i'm on the thing with the entire Western world i guess.
Russia is now a pariah state. Brought about by Putin, of course, you are entirely correct.
We will just have to dissagree on holding Russian assets.
But, i think in the fullness of time, opinions as yours will be seen to be on the wrong side of history.
Good weekend to you & all my fellow Cineworld investors
Pig
That's very possibly true Sms. But, at the same time, if the stock gets re-rated &/or directors make purchases, traders could easilly get caught wrong footed
Good weekend all
Pig
Some will remember it was only the other day a few posters on this Cineworld board started pumping EVRAZ. I responded by calling them out as being morally degenetate for taking Blood Money from a Russian company. I got just a couple of replies; one even saying the company was not actually Russian at all.
Fast forward 3 day's or so & i see EVRAZ stock has been suspended & their much anticipated mega dividend has been cancelled.
So, it appears you folks who bought for a quick buck have been caught on the wrong side of morality.....
https://news.sky.com/story/evraz-the-ftse-100-company-part-owned-by-abramovich-that-has-scarred-the-city-12563144
as always, the Pig say's it as it is. Apologies for being off subject. Nice to see a rise here today & hope it's a good omen for Thursday
https://www.tipranks.com/stocks/gb:cpi/forecast
"Based on 3 Wall Street analysts offering 12 month price targets for Capita plc in the last 3 months. The average price target is 65.00p with a high forecast of 80.00p and a low forecast of 50.00p. The average price target represents a 220.04% change from the last price of 20.31p."
Pig
@JG,
I guess whether you decide to bail or not depends on where you think the SP will be in a few months. Do you believe the turnaround is going to plan? Do you need the money for something else? You've lost nothing until you sell.
For me, i'm just leaving it right where it is.
I remember at the beginning of Covid. I picked up a battered BT @ around £1. Plenty of gloom n doom boys ranting on about a drop to 50p. Sold em later in the year @£1.97
Too many people on here are wanting a quick 'punt'. Forget all that cr*p. They would be better served down at Willy Hill's. The usual culprets with foul language, the 'one line wonder brigade'. Every board has them.
Good luck whatever you decide to do.....
Piglet
@JG,
So, after 35p you will be making £3,000 for every penny rise then.
When the stock price returns to 50p, you will be feeling a lot better.....
Keep the faith
Piggy
I too topped up today, but don't agree with your summary Trenners. You're falling into the same mentallity as some others here. I waited for the results, read them, concluded the turnaround of Capita was on track, then added more. You have to think more long term. If you want instant reactions or instant profit then a slot machine is better.
Personally, i see lots of upside to the stock price given todays results. You just have to have some patience. Buying @ 20p of 23p won't matter a fig when the price moves back to a more reasonable level.
Every single board i visit, for whatever company, has it's detractors. Take no notice. Do your research properly, invest your money, then wait. You gotta have a little patience....
Piggy
Am happy with my top up this morning. I think in 6/12 months this level will be seen to be a low point, so a penny here or there means nothing.
It's really easy to slate the SP performance on a hour by hour basis, but i am looking at longer term in my ISA.
Would suggest folks turn away & stop micro analysing.
As Bezos say's..."the company is not the stock price and the stock price is not the company"......& he knows a few things.
In the last 12 months there have been 10 Broker Ratings. Giving share prices ranging from 70p to 80p.
Pig
@Morgan,
think this might help move us up with some better ratings....
"A presentation for institutional investors and analysts hosted by Jon Lewis, CEO and Tim Weller, CFO, will be held at 65 Gresham Street, London EC2V 7NQ at 09:00am UK time"
Pig
I thought the results were good. So have topped up (again) & now have 92,460 shares @ a break even price of 31p.
Happy with that.
Good luck to all
Pig
Does anyone want to guess at the closing price tomorrow?
I'll go in at 28p
Piggy
As has been said here before, K2 opening their short just prior to the crazy Canadian Judge giving her ridiculous judgement stunk to high heaven. K2, based in Canada, obviously have a mole somewhere.
Have noticed, as others will have am sure, that K2 have reduced their short 4 times over the last 30 day's; from 1.77% down to 1.14% today.
Should we deduce then that their 'mole' has advised them that the appeal judgement is not going their way?
Otherwise why reduce the short?
Some on here much more qualified to comment on this than me, please feel free
Pig