The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Has anyone managed to open a position here on 212? Starting to lose my patience lol
Oh, and if you're long term shorting at this point, you're playing a very risky game with a very narrow window for success. There are easier ways to make money on this share.
As someone that has been in and out of CINE (long and short) since the beginning of July, I can honestly say this morning's little dip is *nothing* and this sp is ultimately rising. I've become intimately familiar with this graph.
If you're long term, you may as well stop doing research and just wait at this point. It's never going to do some wonder-jump and hit £1 overnight.
If you're short term, play those swings. If it starts rising sharply, jump on it, but just know it loses about 75% on drawback so get your sells ready. Plenty of money to be made in both directions here :)
Pulled out just before the big big drop, opened a small position last week and now opened another, bigger one as CFD.
Good luck all, good to see (most of) you again ;)
streaming wont kill cinema. They're 2 different platforms and you're deluded if you think there can only be one. Your argument is like saying cars are obsolete because vans exist now, or like there will be no android because there is iPhone.
Current situation here is pretty dire though. If you've got huge reds right now I feel for you, I dont envy you. Anyone holding on to tiny losses should take there money somewhere to grow for now and come back when the news is better. IMO this is going to continue on a poor trend for a while, so theres ample time to recoup any losses you would crystalise by closing now. Most options are better than CINE right now. I closed literally just before the last major drop (glad I did, been here since July) and it's been a massive stress relief. Poured it all into nVidia while I decide on something high risk and have seen nothing but green. Keeping an eye on this because I still believe in the fundamentals of why I came here in the first place - it's just been delayed a lot and the shares are going to be about 50% cheaper than when I originally took a punt.
GLA, no matter your position.
The shorter crew must be laughing pretty hard right now xD
All things considered, SP has been dropping and will continue to do so until the 21st unless we see any RNS between now and then. Anyone with short positions may want to get out around then and reassess the situation mid next week. Don't pull out too late, many investors will be waiting until Thursday / Friday to buy in because the chart trajectory says that's when it will be cheapest to do so. Some will jump the gun to avoid this so (imo) we should start to see this climb from tomorrow afternoon
The news on friday will be positive. Lets not fu** around. How positive remains to be seen but CINE have been taking the time to improve theatres, sign new contracts with suppliers, and generally invest in the future. These are not the actions of a business forecasting hard times.
Time to get day trading I think, this is going to be a day of violent swings
This has me confused too. The report seems contradictory and as though AEW dont actually have a leg to stand on as this case will be representative of all landlords & the current coronavirus deal in place.
It cant go anywhere or it will set a precedent that will see all landlords attempting to reclaim their rent earlier than agreed, devastating businesses everywhere.
"Frankly my dear, I dont give a long"
So glad I filtered this ****
Positive vibes everybody, let's see if we can simply WILL IT into rising! Could do with the good energy!
Spreadsheets are my forte. I'd be more than happy to build something bespoke for you. If you're interested let me know and I'll send you my email :)
Shorterguy would just tell you IG said its headed to 19p
It's been mad on this board for me, yall are looking for holidays and down payments on stuff, I'm just here between jobs trying to turn what tiny savings I have into enough to weather the end of the storm. I'm like 120% all in and just hoping it goes blue before I do lmfao
@rocket
Add up your shares from each position (eg 2000 x 50p + 1000 x 53p) then divide by the number of shares.
E.g (2000 x 0.50) + (1000 × 0.53) / 3000 = 0.51 average
... there may be easier ways but that's how I've always done it
Whatever the case, CINE's chart is acting in a way that it only really does before something big (based on near constant daily observation since July 1st). I wouldnt dare say I know what's coming but its lining up as we speak.
Imo
While there is aplenty of news and information surrounding Cineworld, most of it only has a vague effect on the SP.
The only times we've seen significant change of direction or movement have been off the back of BIG news. Even opening the doors had little effect compared to previous price jumps. I think the major jump will occur in the run up to the 21st (unless big things happen before then) but between now and then, it will hover with considerable volatility... IMO, of course.
I bought in a little higher than we're at now, a few weeks ago. Been CFD selling on the way down to offset that loss, hopefully won't need to now
I am (in part, not fully) daytrading this and its terrifying lol.
That little dip is my fault. Went blue for afew minutes but CINE likes to remind me not to get too comfortable lol.