RE: He who dares may well win big4 Apr 2020 20:46
You wait for a target low that never comes, pandemic eases and share price rises to levels you're uncomfortable buying at incase they fall back to historic lows. But the fall back you feared doesn't happen, instead the pandemic continues to ease, situations continue to improve and the share price continues its upwards march. Before you know it, Cineworld reopens and the share price jumps above £1. 25 in a day. You've missed the boat. But you could still make a potential 50-100% or so even at that entry point, if you're quick. Not bad but not what it could've been.. There are risks to jumping in too early, there are risks to being too hesitant and there are risks to trying to time the perfect entry point that may never come!
Personally, I think with all the fear and gloom about at the moment there *may* be a chance to get in lower. There's also the ongoing risk of uncertainty regarding will the company survive a prolonged period of closure. The trigger that will ignite the share price will be formal announcement by an authoritive figure that there's finally light at the end of the tunnel regards the virus. That'll be the time to scramble in. In my opinion.