Member Info for Danosaur

I am learning to hate the FED.

White Knight syndrome is an actual thing.

@Calder5 The US CPI data was due at 1:30 pm. It was always going to have an effect on world markets. Unfortunately the result was quite bad.
We now could get a double wammy at the fed rate hike next week.
These macro events are very important so consider it a good lesson to learn. It seems like it will be some time before we get the bull market back properly. The fed want to drive the economy down to get hold of inflation.

It's a blood bath alright. NASDAQ futures are down 2.5%

It will be the most dangerous stage of the conflict. The worry is Putin could resort to a tactical nuclear strike.
But it could be nearing the end.

The infamous "chapter 11" looks a good egg.
We live and learn

You can tell the world and its mother that it won't be a meme share, but in the end, what do you know?
We've all seen the pompous "If you don't know why, you really shouldn't be investing in shares." reply.
But we know they usually come from ********.

You don't choose to be a meme.
The meme chooses you.
There's still time. It's certainly not a boring share.

Without doing any research I already know tidal energy is very limited.
But it would be good accompaniment to the green energy we already have.

I'm not sure if I'm dreaming, but I think Cineworld were close to being added to the FTSE100 at one point. Possibly 2018.
I can't find anything on Google, so if I'm totally wrong it's because I'm old.
But what a fall.

I assume we have a period of national mourning.
I've read the London stock markets could close for a number of days

I actually bought Cineworld shares at about £1.92 a few years ago.
I feel deep shame.

"buy when there is blood in the streets".
Sometimes "dabbling" pays.

Sit and wait time.
Possible 18 months until we find out.
Option 3 is definitely happening.
Option 1&2 are speculative.

Yeah bye.
See you in another 2 years.

Weird that it's just a range.

I'm just reading through the conditions and come across this.
"Generally, any creditor whose claim is not scheduled (i.e., listed by the debtor on the debtor's schedules) or is scheduled as disputed, contingent, or unliquidated must file a proof of claim (and attach evidence documenting the claim) in order to be treated as a creditor for purposes of voting on the plan and distribution under it. Fed. R. Bankr. P. 3003(c)(2). But filing a proof of claim is not necessary if the creditor's claim is scheduled (but is not listed as disputed, contingent, or unliquidated by the debtor) because the debtor's schedules are deemed to constitute evidence of the validity and amount of those claims."
This would mean they won't be on the list of creditors and would have no claim. At least it sounds like that.

120 days can be extended to a maximum of 18 months total by the judge.

Sorry if I have upset you Arsenal, but a CH 11 is designed to keep a damaged business trading.
Do you not see the advantages of keeping a business trading rather than liquidating it? People keep their jobs, taxes get paid etc. Finances will be taken care of eventually.
This is one thing I would like us to follow the example of the US.
For the economy It's a no brainer.

I don't think you are totally delusional. If the chapter 11 lasts two years and business goes through the roof in that time. The judge and lender could accept a payment plan.
This would be some play by Mooky which he must have thought about.