@Mark44085
It's not Trump you should be worrying about, it is Studios. Without movies to show, it would actually be advantageous for Cinema sites to be closed instead of being open and running at a loss.
This isn't about gloating. This is about being vindicated after being attacked constantly by rampers.
I couldn't care less about your financial situation, you can lose as much money as you like. Clearly it doesn't seem to bother you, being invested in Cineworld and nursing losses.
Don't immediately attack those that don't agree with you, open your ears, maybe you'll learn something. That's what these boards are for. I learn from you, you learn from me.
Oh and investing in shares is not a 50/50 bet. This isn't a roulette table. You do your research and make your investment against the sound fundamentals of the business and it's potential future growth/profit potential.
Well, Cineworld has extremely poor fundamentals. Front and centre is the precarious financial situation.
Some posters here suggesting dilution/rights issue is not possible, as it will also dilute Mr Mooky. Well Mr Mooky is not immune to the wider effects of the stock market. He needs to raise cash. Now he can try and do that via debt, or he can do that via share dilution. He's already taken on tonnes of debt and he was going to take on tonnes more debt to buy Cineplex.
Oh and @PrayFor, for someone who is here for the long haul, and unconcerned about daily drops, you sure don't fail to track this daily.
Was a dead cat bounce, on the hope a Studio would by Cineworld, after the law preventing studios buying exhibitors was rescinded in the US.
@steveknowsnothin
Haha, it's all good.
Profit is profit. That's why we are here. Good luck.
Average works out to be around 306.5p
Most boards have a few that are negative on a stock, colloquially called 'de-rampers', but the majority of boards are filled with so called 'rampers'.
The 'rampers' do their utmost to collectively attack anyone negative on the stock, resorting to collective attacks, name calling, filtering and the like. It is never civil.
It's even more funny when it's done on boards such as Cineworld, a ghastly Covid-19 stock which is 85% down on year highs, has massive short positions against it, has massive debt levels, is massively affected by the effects of Covid-19 lockdowns, and is under the mercy of studios.
Still those invested don't let up. They sit on massive losses yet still never give up....
"Hold onto your shares"
"De cry the de-rampers"
"Maybe Disney will buy Cineworld"
"This is holding up fairly well"
Wake up and smell the coffee. Majority of PI's also lose money on the stock market, getting sucked into the promise of a gravy train when in fact invested in a turkey coming home to roost.
Having bought at the 240pish range.
Unfortunately, even though Boo is an online business, a UK national lock down will drag everything else along with it, much like it did the last time.
Considering the lockdown risks, I've reduced my holding and crystallizing some profits. Much happier with my current exposure levels. I may buy further if the lockdown does cause a severe downturn. If it doesn't well, I'm still along for the right though. Can't be too greedy.
Onwards and upwards.
@Prayfor
"You seem to be under the impression that we are all here for a quick quid, when in reality, most of us are aware that the money we have in cineworld, is locked in for at least 6 months - 1 year."
You post here everyday, yet this is a long term hold for you?....riiight
Tbh, most of you likely don't have a choice but to be locked in for over a year if the hope is to try and recover loses, let alone make money.
I'm sure the rampers will put that down to some sort of conspiracy...
MM games
Shorting games
Can't be the precarious state of Cineworld balance sheet and the industry it operates in is being wrecked by Covid-19....oh wait
@moola and co care to explain your theories on why the SP has tanked this morning, so close to results day?
@moola
How much loss are you sitting on?
With all the crap going on right now, with a dwindling sp, what makes you think that loss won't keep growing until you're heavily diluted.
Cineworld isn't making money. The industry is in the doldrums . Covid-19 has seen to that. What hope are you clinging onto?
"I guess the last rise must be difficult for you"
Again a personal attack.
That rise would have been a trade, nothing more as the SP is heading back to where is stated. 60p+ is distant memory again.
Oh and I am far from disappointed. Made a heavy wedge here and heavy wedge so far in Boo. I suspect, you cannot say the same.
And they question why negative posters are here, effectively deflecting from the real discussion, why Cineworld will succeed or fail in the current climate.
Nothing like an unhealthy debate whilst you watch your money twindle in your trading account.
Too many folks either in love with the share they can'tsee straight, or too deep in the red to try cut their losses.
Would I want to hold for the upcoming RNS, you bet your ass I wouldn't. I suspect the SP is in for a spanking.
@neilmac2002
Go and read the last several pages. I spelled it all out.
@racandfz
Let's be clear, rampers attack me for holding alternate views. Rampers can't stand it. They gang up on you with a herd, mob mentality. Like you insulted their mother or something. It's all a conspiracy theory. There is no civility on forum boards. Then when you defend yourself, you're made to be arrogant and self righteous.
My point is, you can't win, therefore I don't really care.
Not here to make friends, here to make money and making money I am. It's why we're all supposedly here right?
I will air my views and pad out my wallet. Can certainly hold my own.
It's why I said earlier, let's have a civil debate. Half you clowns best comeback is just "twatty" or just school playground name calling. Brings a chuckle to my face, knowing those types are most likely sitting on heavy losses, yet front behind a keyboard.
I have no interest in taking a position in Cineworld at this present time. The end of the year will be telling.
The interim results will be telling. I want to see what happens over Winter and the UK lockdowns.
I sigh a breath of relieve, being on the sidelines, after having banked huge profits.
The fact that I can buy in lower than my initial buy price, in fact at 30% lower than my initial buy price, all with £60k free carry money is telling.
Call if flip flopping, call it whatever you want. I call it making money, being shrewd and it's worked for me thus far.
How about you? Show us your holdings? Which of you are in profit?
My profit/loss and bank balance is my credibility.
In terms of current holding...this is my Boohoo.
I traded it in between, selling and rebuying one time which is why the profit is lower than shown. My average in Boohoo is actually around 240pish I think.
Highly recommend getting into Boohoo btw!
https://ibb.co/y6L2qxT
@neilmac2002
I've done it time and again. Doesn't matter what I say, you rampers are all flat earthers, conspiracy nuts with tin foil hats on. You can't see beyond your love and loyalty in this share. Cognitive Dissonance won't let you.
But sure...here you go...
https://ibb.co/pR8K1wZ
I admit it all day long.
I will invest in a share when sentiment is good and make money.
I will sell a share when sentiment shifts, and bank profit.
Are you telling me that that wrong? If so, I think you have no business trading shares. Go read a few books to tell you how it's done.
If I hadn't "flip flopped" as you call it, that £60k profit I made would actually be a £35k loss.
* riding it out to oblivion