The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Great weekend, but not sure this will rise tomorrow. Let's be prepared for slow steady recovery
Probably reaction to MGM deal but this is a reason not to panic:
Tim Richards, CEO of the VUE chain, said cinema box office takings would always be far bigger than streaming releases and predicted Amazon would still do theatrical releases of MGM’s blockbusters before streaming them.
“When you have films that are grossing well in excess of $1 billion [on cinema release], any business in the world would look at that and not change the model.”
We also need to keep in mind that reopening plays seem flat or negative today. The fact we are green is a strong signal.
Would like to see face of the shorters who took positions in mid may.
Shorter need to start covering. If you are reading this shorters we only have more good news coming. F9 is going to blow all records. Streaming is not killing cinema.
Seems like other leisure/retail stocks are flat today, we are probably more positive due to all the good updates. I think on a more stronger day this will run.
Maybe Cineworld board have been buying bitcoin, might explain why we keep dropping, need an Elon tweet to buy CINE
Sentiment is driving this, can't see many new retail investors jumping on this based on graph. Still holding but it's all very annoying.
Problem with UK stocks is how easily the city can manipulate, once hedge funds short, they just all help each other out to drive the price down. Sooner they go the better.
I did feel the price wouldn't move much this week, even with opening. I think we just need to see positive box office numbers, which will slowly push this back up.
Let's see what Monday brings. Do we have any big films this weekend to drive up the excitement.
This might not see any significant uptick until we see a few solid quarters. Based on the last month or two I don't see any positive movement with cinema openings and box office numbers, hopefully should be back over 100 towards year end.
https://www.bbc.co.uk/news/uk-england-manchester-57075618
Not good, let's hope we don't get local lockdowns again.
Just feels like the MM can easily keep this at the level they want. I would be surprised to see any positive movement when doors open next week but holding in hope.
The fact they do so many of these articles suggest hedge funds are involved, probably paying the writers. They are using all the tricks to keep this down. Shame that some people will get put off by these articles.
100 would be good but we are just getting back some of the manipulated drops. Starting point should be 110+
This guys thinks we are going to 80, https://www.investingcube.com/cineworld-share-price-in-focus-after-the-disappointing-amc-earnings-shares/
Loads of retail stocks are up big, ted baker and Superdry, ones I previously owned. Just feels like MM can keep this CINE down.
Nice rise but this is just the general market. Really needs to start giving back those manipulated price drops. Won't be long
I just dont see how this will move on reopening, we have already had good news without any real upward trend. Hope I'm wrong but might have to wait a bit longer.