RE: Pros of selling your cine stock today28 Apr 2021 13:48
Bonkers,
I believe part of the answer to your post is to see things from eyes not our own.
If share investment was a guarantee that everyone did exactly the same and seen things exactly the same it would be a rather strange market.
Reasons may be any of the following (not necessarily my view, but could be of the party that made the trade):
Another investment opportunity they have identified with greater potential return short/medium or long term.
Need funds for something else now, not a month or 6 from now.
A trader.
Reconsidered their view on investment and see it doing less well now than when they invested (we don't know when they got in and what their target in £ and time was).
Got impatient.
Having been through various ups and downs they may have viewed move from £1:24 to sub £1 and little momentum there as a chance to get out while in profit having expected more, but at times been at loss.
May see holding some extra cash for current period better than holding for an unknown period with little movement.
May think better value in using cash otherwise for now and re-invest if case warrants in a few months time. Where they will then KNOW most cinemas are indeed open (or not), how attendance has gone specifically for Cine/Regal, what finances are after first half further losses, box office for a number of summer movies. SP "MAY" then represent better risk/reward value.
Coronavirus and vaccination (currently going well in main markets of USA and UK) what is position rest of world and is our main markets seeing any negative on this .
They may have been swayed to think streaming/people habbits have changed.
Reasons above not an exhaustive list, but all/any could be relevant to sellers.
Sign In
Follow the stocks
