Member Info for Deanmck7

Surprise surprise.

DarrenBuffer, slaughtering the stock telling everyone to wait for the 50s now kicks himself as it is ready to hopefully go for the next leg up.

This will finish blue today.

Decent results showing business is still strong given the worst crisis since the depression.

May not even get that much of a dip upon open but we will finish positive by around 2-3% as the monkey is finally of our back!

Next leg up incoming

Welcome Linkop.

Mentioned this the other week in IAG, since then been to 115 and down to 102 so perfect entry for anyone that wanted in. My profits down but will
Be back past 115 in the near future!

With the LTHs on here. Being one myself, through the pain, that trying to guess the days news will drop and give the gains is impossible.

Right now the next big item would be vaccination passports/USA opening up. You will not be able to predict this therefore, stay in and don’t lock yourself out.

Last week on the highs I had a PF of 8 stocks, all booming with profit. Today I have 8 stocks sitting with a lot less profit, but, when I check back in a few months time I’m expecting all my travel and entertainment stocks to be better than last weeks gains.

Don’t listen to DarrenBufter, he cried when they share price went higher than what he sold at and has been on a crying spread to get in lower ever since.

He even agreed the share price would keep rising and he made a mistake. Now he’s a professor on trading since it’s dropped with delayed news

Been a while guys, invested in CINE back in May last year then traded it for a number of months.

Bought back in recently and holding for long now. The end is near for covid, countries and economies opening up and most importantly cinemas opening up. Personally I can’t wait to get some proper cinema nachos and a mixed ice blast!

Roll on 180p

https://www.reuters.com/article/us-health-coronavirus-brazil-variant-exc/exclusive-oxford-study-indicates-astrazeneca-effective-against-brazil-variant-source-says-idUSKBN2AX1NS

*NT for a sell

No problem Josh. I expected results given the timescale in Feb which didn’t happen.

Today’s action shows

Vol Sold 1,383,610
Vol Bought 333,624

And no NT either. Another massive sell off in process

Sunsurfer I was 140% up on a pharma company. This morning they’ve had a set back due to the FDA asking questions. But I topped up at the drop. Well oversold and when this gets FDA approval in 2021 H2 the returns will be incredible.

Fairy, CINE dividend was cancelled. It is forecast to restart in 2022 paid quarterly.

Can only assist in here https://t.co/4WPEYwJd4J

No problem deepsea, switch off cineworld and don’t look at it for at least 6 months. By that time I’m hopeful of at least 1.50 as I expect cinemas to be fully operational and all states opened up and out of covid.

Josh, that’s twisting my words, be careful not to do things like that. I’ll break it down again.

It’s silly to average down in an exploration company with no assets.

It’s not silly to buy in to a company you have belief in it and you set out a strategy for your risk and reward. Circumstances change and unfortunately the share price has fallen from a cliff edge over a lengthy duration which was longer than I anticipated when I set out my strategy. As an investor I’m conscious of my money that’s invested and when important dates are missed for whatever reasons I’m looking to review my strategy again. Therefore rather than putting myself underwater financially I would look to exit at a certain time to prevent that from happening, weather the share price will rise or not in time. There’s always another entrance point.

You have to strictly manage your money and when I bought in here I bought in low, I had seen the timescales provided by management for my risk and reward strategy. Therefore at this current time a key deadline has passed and the share price is falling, therefore gives me concerns and makes me rethink my strategy.

Don’t take my advice and in no way am I asking you to agree with it, I’m doing what works from me and based on past experience within exploration.

It’s my money at the end of the day and I run a tight ship, otherwise I wouldn’t make money doing what I do.

Deep blue, I’ve mentioned Cine a few times in here. I traded it through the pandemic, got back in at just under £1 for the long hold bow the end is near.

As trader said, CEOs have a meaty bonus if they can drive the SP up to 1.90 and an even bigger bonus if it hits 3.80! One of their biggest cities is opening up within the next week and a bit (NY).

Josh,

The next support level sits between 1.80-2.00. This has been with the bears for months and it’s caused carnage with the SP.

Regarding the companies financial position, yes no debt BUT warrants deter from the value of the company as 1. It creates a larger pool of shares 2. Decreases the value of those shares. So without results this is generally how it works until you get good news.

Averaging down on a company that has to date no money makers for the company is silly. Averaging down on a company that has multiple assets, physical assets that generate income is sensible. Projects that are not proven to be successful or not an asset until the produce.

Lots of projects is good good, it diversifies its portfolio. BUT, too many projects going at the one time without bringing money in from actual finds in the long run is not good for current share holders. The setup and running of these projects eats in to bank monies very quickly therefore you need proven results to attract investment, without giving away discounts and hammering your other share holders at the same time.

I disagree with you both Troken and Josh.

There was clearly a bull run on the share that’s why the guys are not selling. Results here are over due also, so could strike any day. Warrants and warrant selling is having a major impact on the SP as well as lack of drilling results and sentiment.

Someone getting out at evens rather than a loss and “averaging down” is experience and a smart move as it may have the potential to fall even further therefore leaving the PI in a loss position within an “exploration company”. No one wants to be averaging down in an exploration company, that’s just silly as there is no guarantee where it will settle, when the results will drop and if the results are good.

Deep blue,

Emotion and fear are the two worst triggers in investing or trading. I’ve been through it all. However if you watch the pattern emerging with travel stocks since the bull run, it al makes sense and you can see the slight drop on a weak FTSE that then either returns to positive that day or the next. Then when the FTSE is rising to regain the 1% it lost, travel stocks rise again so it’s almost rising twice the way it is working at present. That doesn’t mean to say it won’t change, but this bull run, that seems to be the pattern from my analysis.

I’m no professional either so don’t take my advice. Everyone has their own strategies and some are happy with banked profit. However myself, I’m looking for the big profits. Got an expensive holiday I’m wanting this year :)

Why people sell up when they see red on opening. Travel has been massacred through the pandemic which meant a lot of bargains.

When the FTSE is down pre market, that doesn’t mean the travel sector will suffer, if anything it rises as travel only has one way to go to catch up with all the FTSE stocks that regained their value through the pandemic whilst every day the travel sector went down.

Light is at the end of the tunnel and people selling up is an emotional trigger which then is a double ended sword as when it turns positive 10 minutes later they start kicking themselves and missing out on proper gains.

The best news is still to come, with America not too far behind us in vaccination and the routes opening up. Digits passports (if it happens) and economies opening up around the world.

Relax and switch off if your emotions are triggering silly decisions. Come back in July and see the difference

As you know my initial buy in was in the 30s and sitting at 80/90 didn’t want to throw my low buy in away. At 73p I plunged another 5k in, which has now upped my average but happy with that as when it climbs again, I’ll benefit even more.

Nothing unusual about the setback, standard process from the FDA. What was unusual was the size of the drop, those pesky MMs doing what they do best and getting the weak out and allowing friends and others to load up.