Don't get burnt.5 Sep 2022 19:34
It's great to see loads of longer term investors that unfortunately took a huge hit when this dropped to 1.8p and took a huge gamble and bought more to average down and get their money back, but really that's all you should be doing, don't go the other way and look for too much of a profit, we all know this could turn for the worse.
We have all been burnt before it's very risky strategy.
My opinion for what it's worth, invest in this what you can risk losing cos it could be gone in a heartbeat, if you have gambled like I have also then great, I got lucky this time.
Last Tuesday I was 50% down and on very little news I have made a nice profit, and like a lot of people it's the first time I have bought cineworld shares I simply took a red or black punt and that's really what this is.
Good news this will rocket, bad news it's back at 2p.
If it falls back I may try a small gamble but nothing like the amount I did last week.
Goodluck. Only my opinion as an typical investor for 20 years, burnt a few times with no expertise.