Member Info for DillyD

I thought you were being serious. I'll have to cancel my new car now.

Appreciate your more accurate timings and sp by my question is still unanswered. Which simplified is really just how can a significant sp be supported when a company we be counting down the days of bankruptcy protection.

There have been comments about Revlon etc on this bb. Cineworld I know has bankruptcy protection now and hasn't filed for bankruptcy as such. I understand the share price falling from an already low 20p was because of a risk of bankruptcy, low profits due to covid etc etc.
So with bankruptcy protection there is a 3months I think protection cover. So why is it thought the sp could rise dramatically? Is the 20p sp more realistic because the risk of bankruptcy has been removed? Are we all just playing a penny share now over the next few months. Weekly ups n downs trying to buy at 3p sell at 6p double your money and then hope it starts again the following week.
I'm playing it I agree but equally I understand I don't know what I'm doing. But I'm in at roughly the lowest point it's been in a few years. I wouldn't be comfortable buying into this over the next while if the sp sees even 10p. Even what appears a stable sp in a couple of months could be near the end of bankruptcy protection. Will the sp therefore not stay around the 4p 5p 6p range unless there is significant official news to prove it is highly likely to come out of the bankruptcy protection situation and no longer be at risk of bankruptcy?

Hi no I didn't I just used a normal purchase. It comes up on the screen as a quote and I can accept or not. I accepted at 4.5p fair and square. I just knew it was a bit high.

Starting price 4.2p rising to 4.8p finishing the day 4.1p.

Cheers.

I thought the ticker had changed to LN. But I can see it on that link anyway.

The UK price for ticker CINE ended today at 3.81p

When i look for the nes US ticker LN its all in dollars but seems to show it as 3.81 LSE.

I must be looking wrongly?

Link https://www.barchart.com/stocks/quotes/CINE.LN

Now now people. Chill out especially considering current events ?? .
Well find out who was right soon enough ??

Thanks for the link.

What's your take on the significance re Cineworld. This happens at the end auction on all shares at the end of every day doesn't it? So does it have any significance?

Is it not simply matching willing to sell prices with willing to buy prices and if they match it goes through automatically.

Hey its a serious amount for me too. Not being blaze about it. But it's outwith my control now.
Ps I do like a bombay bad boy now and then ??

I'm sure it'll be fine. What's 6k between friends. Have a great weekend.

I have traits of ADHD. I get more stressed when there is nothing happening. This will give me a relaxing weekend and something to analyse in my head.

Very true that's why I'm holding.

I'm holding because I'm down £700 at current sp. But I don't think Mondays opener is going to be great due to Times story.

Not so sure with the times article! Just posted on here.

No still holding. I sold £1k in Ocado a short while ago and have been toying with dropping that in Cine if it goes below 4p but its looking like a pretty stagnant 4.3p till the end.
I know it's about making profit I've just not been very good at it.

Why 5p and not 4p?

?? ??

When I say 3p I mean into the 3's. It's just not happening today. 3.95p is far closer to 4.3p than 5p is.

I think the 3p is coming before we finish today!