RE: NYSE CLOSE - CINEPLEX , CINEMARK, AMC INC.,cine ALL DOWN5 Oct 2020 23:11
I'm still holding.
I've invested what I can afford to lose in this share in the same way, you SHOULD take only a set amount of play money into the casino.
Never chase losses / go to the cash machine.
BUT I really do feel that this will pull through.
Hear me out.
Lenders (HSBC et al) will prefer to see this out as the business is a GUARANTEED cash cow once it's back up and running.
Rights issue is a last resort, Mooky goes down with us if so.
Vulture studios / Chinese investors will be watching like a hawk.
If it goes bust, the studios lose the estate as property gets *****d out. Can't see them letting that slip.
This ain't traditional retail that was on its arse like INTU, high street retail.
Humans will revert back to social interaction/ nights out at the first opportunity.
This ain't over.
Not by a long chalk.
However, I will say this: Mooky needs to appoint a new face of the company.
Guy has FA charisma.
Anyhoo, staying in this if only to say I was there.
One way or the other!
Buenos Noches, mi amigos!
Love & Kisses, Crumpets. Xx