RE: Drop likely fueled by bad virus data29 Jul 2020 12:07
Precisely the only reasons I'm still at hold... US news, general market new & lawsuit (minimal influence thought for me).
All other boxes ticked ticked ready to move to buy... very tempting at these prices. But I will hold again till tomorrow and reassess - a truly dynamic play is required at the moment. There's no way just looking at CINE's financials that the SP action can be called one way or another. Too much going on from too many different angles. If someone has an opinion/info that contradicts this view I'm all ears....
My head hurts a little when I try to make sense of it.
If we (UK/USA) get to a national lockdown the least of your problems will be CINE shares, we will move to a new normal, adapting along the way, some businesses will go, some will stay.
Enough money to ride out the storm till July. We will be generating an income within the next 4-6 weeks.