RE: My concerns and questions22 Aug 2020 11:46
Hi Tom.
You got some good info there from M00la, he’s been in Cine for many months and knows this share inside out. Many other people on this board do too. You have to work out what is right for you and so far you’ve done very well.
I’m guessing you have approx 835 shares now and have made 130 quid profit. So currently every time the SP goes up a penny you make £8.35. If you invest another £300 on Monday at say, 51.50 you would get another 568 totalling 1404 shares. So then you make £14.04 every time the price goes up a penny. That’s good profit.
I’m very careful will all shares at the moment as the swings can be ridicules. I try not to predict where this share is going and I don’t like the ramping or the deramping but you have both sides on a bb like this and it is what it is. I would like to think imo Cine will be in the 70/ 80 range over the next few weeks but as M00la pointed out there are many factors that can change that, up or down from there. Most people can see that this is massively undervalued and that’s why I’m here. I also believe in cinemas during a recession.
Maybe bank your profit on Monday, il take them off your hands. You sound like a smart guy so I’m sure you’ll work out what’s right