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I find it super weird that anyone would buy this share....Cinema is going to die out almost completely in my opinion. It was already becoming less and less relevant and it's popularity would have dwindled without covid.
I'm genuinely interested in your thoughts of investing here other than trying to ride DCB.
Small independent cinemas may be ok because of the overall experience but Cineworlds are pretty rough.
See this going into admin by year end.
But I haven't done the research I guess...
I doubt whether it's bad news coming - I think just profit taking. I did say this on here a couple of weeks ago I think - it had a BIG rise over a short period.
Doesn't seem to be big volume so I wouldn't worry.
I am still targeting sub 6 for re-entry as that's where I (stupidly) sold and I'd like another bite at the cherry!
Will it get there? I don't know but...without news I think it will.
So not sure why you guys are struggling. Probably just your brokers.
Fancy a nibble...
.
looks like you've done very well out of it.
Congrats!
this looks way overbought which is why I guess it's dropping.
Needs news or it'll drop to 1.00 as the support I think,.
Maybe you have sellers because someone knows the news isn't good.....?
The mm's aren't holding the price down. Learn the basics.
I think next week will be good here.
My average out price was 132 I think and just picked up first lots (2x20k) at avg of low 124's so picked up some free shares on the trade.
But I didn't like being out here and will look for another entry if dips to 122 and 120. If it goes sub 120 I will bring out the hoover.
johnnysmith..... find a different forum for your political ramblings mate - no one cares.
And there will ALWAYS be an equal number of buys and sells in a day (give or take) - it's a very fundamental basis for market making - matching buyers and sellers.
It's actually quite pathetic....
think we see it today.
what's the next sp catalyst here and when is it expected?
mardler - I have been on this site for 13 years and I have explained that probably 50 times to the idiots on here.
but still, every day 'more buys vs sells and we're down 10% - pesky mms!'
the level of ignorance in the average investor is terrifying.
guys to be clear I was looking at an ENTRY price of 0.25, not a sale price of 2.5! this will drop over the coming days with no news. 0.30 isn't the floor, price will dip below placing price in my experience so I'm just wondering what that low becomes..... my guess is 0.25 but wondering if you guys are more bullish?
Or is that too ambitious? I missed out on a lot of the last spike - am very grateful for an opportunity to have another crack.
What do people see the support at here?
Used to happen to me a lot when I was younger and I basically realised it hurts me more mentally than missing out on profits.
So my philosophy now is to set targets and stick to them. I bought at 4p, my target was 6p, I got 5.9p.
I will now reassess what I'm happy buying back in at but it's not at these levels right now. This could easily run to 10p now but it could also go back to low 6's pretty easily so I'm going to sit on my hands.
But yeah, if any sniff of news comes out in the mean time.... it's a risk I have to be willing to take.
Got out WAAAAYYYY too early and left about 50% profit on table. Well done everyone who held on. I'm a total moron as it was so easy to see this coming.
I hope to get back in about where I sold (6ish) but I fear the ship may have sailed...