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Rampers are in denial. They can't help it. They're in love with the share. Instead they'd rather attack realists. Was group attacked last night by rampers but its ok I'm used to it. Won't stop the drop though.
I myself stands to lose big today but I can accept it as part of the game we play. Thank god I'm diversified. I don't fall in love with shares.
Fingers crossed the drop isn't off a cliff and there's rare trading opportunities to minimise losses today.
It's not 4 films, it's all their movies in 2021. That means 17 films moving to day-and-date next year, including highly anticipated projects Dune, The Matrix 4, and The Suicide Squad. The move follows its recent decision to debut Wonder Woman 1984 on HBO Max and in theaters at the same time on Christmas Day 2020.
@unionpacific
Yes. My posts on LSE carry that much influence that I alone can influence the SP of Cineworld.
I also have the power to part water. Turn water into wine, cure leprosy, walk across water.
*end sarcasm*
dear o dear @pinkeye
Will you for once take that tin foil hat off.
Blows with the wind? You mean read MATERIAL news that effects Cineworld? Heck ye I do. Don't you?
You don't think this is a blow for Cinema chains? You think this is positive to Cineworld? You think this will help Cineworld balance sheet in 2021? You think the markets have overreacted with their 20% drops on cinema chains in the US? You think WB have taken this drastic action lightly?
No1 should trust a word you say if you can be objective in the face of negative news. Cineworld isn't gods permanent gift to investors like you so wish to believe.
Go on, paint this news with a positive brush. I'd like to hear the drivel.
Cinemas have no leverage right now. They are on their knees.
Clearly WB don't really care about piracy issues that much to have made the decision they have done done.
Todays article is MATERIAL news to Cineworld in a very negative way.
All those bumper blockbuster releases Cineworld and other exhibitors need in 2021 to sort out their Covid-19 battered balance sheets, pay their debts etc will now be shared across streaming platforms. Studios have cinemas by the balls. Horrible horrible news.
Wake up and smell the coffee.
Other studios may follow suit with this.
Warner Bros going to a streaming model..
Disney going to streaming model..
Universal pushing for smaller theatrical windows and POVD.
The cinema industry is about to undergo a huge shift in 2021 and not in a positive way.
I sold at 72.08p today and then re-bought back in at 70p before close of play as a little trade. Kind of patted myself on the back but looks like I should have kept out of it. Oh well.
AMC down 17%
Cinemark down 21.5%
All those shorters knew something we didn't and Motley were on the right side of their articles.
Going to be a torrid day tomorrow, regardless of how it's dressed and regardless of those trying to put some sort of positive spin on this.
Close of play tomorrow likely in the 50 range but I hope I'm wrong.
Not sure why you're still posting here. In the months and months you have been here, you haven't liked the share at all. You don't plan to enter. You think this stock may go to the wall. So what is keeping you here?
All your LSE posts are on the Cineworld board yet, you have no friends here, you have no desire to be in the stock and frankly no1 cares to listen to you.
I'm lost as to why you keep posting here? Genuine question. What's in it for you? Only thing I can think of is you are in desperate need for attention, good or bad. I get it, loneliness is a serious thing, especially during Covid-19.
I hope you get the help you need mate. Maybe try talking to family? Samaritans? Call LBC maybe they can help?
@CP85
Is that true?
My figures may be wrong but I have RR above pre-pandemic levels. Please correct me if I am wrong.
IAG
On 31/12/2019 there were 1,984,330,139 shares in issue. Price was 610p. MCAP was £12,104,413,848
Today there are 4,965,791,095 shares in issue. Price is 166p. MCAP is £8,243,213,218
RR
On 31/12/2019 there were 1,300,000,000 shares in issue. Price was 650p. MCAP was £8,450,000,000
Today there are 8,360,000,000 shares in issue. Price is 124p. MCAP is £10,366,400,000
Perhaps I am wrong with the pre-pandemic price and mcap for RR?
I have £36k in Shell (Needs another 80% to get back to pre-pandemic levels). Nice divi potential on this as well as capital appreciation.
I have £30k in Cineworld (Needs 200%+ to get back to pre-pandemic levels)
I have £35k in IAG (Needs another 40% to get back to pre-pandemic levels)
I have £11k in HSBC (Needs another 40% to get back to pre-pandemic levels)
I also recently bought my first home in London with a £140k deposit.
Not bad for a 34yo. 2020 has been good to me.
@PinkEye
You're cherry picking a single quotes hence your confusion. If you dig a little deeper, you will also find posts where I clearly said I will invest on vaccine news. Where I invest based on material news to a stock. etc.
They are not mutually exclusive and you have to admit, the vaccine news for Cineworld was the single biggest factor for Cineworld aside from liquidity. (no point raising money if you can't do business right?)
Investment is complex. Many facets and variables contribute to an investment decisions.
Cineworlds liquidity remains a concern however there is also hope. Hence the middle ground investment side.
That should be clear to any investor.
My holdings are mainly recovery plays right now. I own Cineworld, IAG, Barclays and Shell. Of these shares, Cineworld is the one in the most precarious position but also the one that could rise the greatest.
@PinkEye
The post you mention was on the day Cineworld was 24.9p. Cineworld was priced to fail. Haven't I said repeatedly I change my investment decision on material news. I would say that vaccine efficacy of 95% is material news, wouldn't you?
Investors make money on sentiment, not just on fundamentals. Look at Tesla. Surely you understand this? The fundamentals still sucked, but the sentiment rocketed the vaccine efficacy news as we all know.
Hence I publicly stated my investment in Cineworld, at £30k, down from a previous £160k position (£105k my own money and £55k Cineworld profits) was a vaccine swing trade at 40p as a punt. Not quite getting the 25p I posted at but hey ho. Up 50% or so as I type. Since then short term liquidity concerns too have been sorted out.
With liquidity still a concern, I will not add to my holding.
Post recommended
@Pinkeye
I don't see what the confusion is around my changing sentiments. At the time of that post, Cineworld had only enough liquidity for 2 months and the efficacy of the vaccines was unknown. This was too risky a situation for me to invest. Cineworld was on the brink, literally. There was a reason the SP was 25p at one point, down from January highs of 220p.
I have said time and again that my investment decisions change on material news. The fact is, that should be the case for most people however, many here, especially long term rampers, seem to just buy a stock and feel that need to go down with the ship, come what may. I never understood that mentality. I would never emotionally bind myself to a share and blind myself to the negatives/challenges bubbling around it.
My strategy works very well for me. Sure, I may not get all the gains by doing that, but crucially, I don't get all the losses either. Since that post, we have 3 vaccines with monster efficacy, approval on one of them, and liquidity has been sorted out for Cineworld for a further 9-10 months. All positives indicating an investment in Cineworld is worth a punt for a vaccine and liquidity based rise.
Indeed, I invested £30k at around 40p and it turned out to be correct. Not to toot my own horn but I've made very good money on Cineworld this year, both on the way up and the way down, by selling appropriately. Easily in the £70k range.
I would add to this, that challenges for Cineworld remain real, hence why I have only invested £30k when previously I had over £100k in here. IDW get's a lot of stick, but a lot of the background to what he posts is true, although I think he is a too extreme in his views. He seems like the type to only invest in stocks that have AAA Moodys/Fitch ratings. Lord knows what he is doing reading Cineworld forum boards with that mentality but hey ho.
I read the market in an unbiased/unemotional way, trying my best to not be greedy and it works really well.
I didn't get in at 25p, but I did at 40p and the 50%+ profit right now is great for me, all the while appreciating the challenges Cineworld still faces ahead.
I hope that answered your question.
To counter, I would ask you, why have you not been changing your view of Cineworld over the year on material news? Were you holding from £2/£1 all the way down to 25p? I hope not.
@CP85
You sound like a shrewd investor :)
Hope your 2020 profits have been good and then some.
Trump has no say on FDA approvals.
Pretty much every story says Trump is wondering what is taking so long, with the relevant authorities saying approval will come when we are sure the vaccine is safe to go out, and not at the whim of the outgoing president.
I wouldn't get hopes up for any FDA approval until the 10th.
FDA has already announced that their approval decision for both Oxford and Pfizer is likely to come on the 10th when they convene .
Similarly their Moderna approval decision is expected to come towards the end of December.
@Jm4tw
Someone's salty. Made a killing here, past and present. Called it right at every turn. Was never left holding the baby. You my friend clearly held this throughout it's tumultuous 2020. Bad strategy that.
Haters gonna hate. Sticks and stones and all that :p
Fantastic news from the UK today. It goes without saying that the US will follow suit, especially with Trump trying his best to push it through prior to his departure.
Best recovery stock right now.
Agreed. Even if was by accident, getting higher efficacy is always a good thing. I posted the following in the Cineworld board, to put this in context....
I don't see any impediment here for vaccine approval. The World Health Organization have a target of 50% effectiveness for a Covid-19 jab. Even if you remove all the results from 2700 volunteers who mistakenly were given the low dose-high dose regimen, Oxfords vaccine was 60% effective in people receiving two full doses, including plenty of those in the over 55's.
Whichever way you cut the data, the vaccine is at a minimum 60% effective and at a maximum 90% effective.
To put this into context, according to BBC Reality Check, the annual flu jab prevents 30 to 60 percent of people on average. The remaining 70 to 40 percent of people could still contract the flu but experience a milder and shorter illness.
Word is that the US are unlikely to approve the vaccine for use but that doesn't matter, they have 2 vaccine candidates that are very likely to get approved; the ones from Pfizer and Moderna.
The flip side is, the UK/EU are likely to approve the Oxford vaccine and the Pfizer vaccine. It's just a bet now of who gets there first.
I wouldn't be concerned. Vaccines are coming. We have 3 to pick imminently from and around another 150 further along in the pipeline!
I don't see any impediment here for approval. The World Health Organization have a target of 50% effectiveness for a Covid-19 jab. Even if you remove all the results from 2700 volunteers who mistakenly were given the low dose-high dose regimen, Oxfords vaccine was 60% effective in people receiving two full doses, including plenty of those in the over 55's.
Whichever way you cut the data, the vaccine is at a minimum 60% effective and at a maximum 90% effective.
To put this into context, according to BBC Reality Check, the annual flu jab prevents 30 to 60 percent of people on average. The remaining 70 to 40 percent of people could still contract the flu but experience a milder and shorter illness.
Word is that the US are unlikely to approve the vaccine for use but that doesn't matter, they have 2 vaccine candidates that are very likely to get approved; the ones from Pfizer and Moderna.
The flip side is, the UK/EU are likely to approve the Oxford vaccine and the Pfizer vaccine. It's just a bet now of who gets there first.
I wouldn't be concerned. Vaccines are coming. We have 3 to pick imminently from and around another 150 further along in the pipeline!