Member Info for JG68

Bullsbears
I'm sure I read in the update which advised of the 450 million increased funding earlier in the year, that Mooky said the company would get through as long as everywhere was fully open by May, and if not they would have enough for " some months after" which is why I'm so concerned.
Everywhere wasn't fully open by that date and we are now some months after.

But I guess the large fund holders would be selling if there was anything really dire brewing.

Not deramping, just v concerned with my investment, but could they be in serious trouble hence the sustained drop?

Looks like open price for tomorrow

My understanding is we might see some huge after hours trades which may back that up

Either that or because the company is in big trouble and because of that.
Hope you're right

Won't they have to buy in order to close?

1-2% fair enough like all the others, but 4-5% again, singled out for special treatment

This is like a sustained attack on the company with no let up or end in sight.
If there was any concern for the welfare of private shareholders, surely the board would give a brief pre close update to calm some nerves.

The whole market is being caned now probably because of GDP figures, slight contraction

Smalltrader
I hope you're right, and I did look yesterday at it, and Vanguard is a more than reputable fund.
Probably be mad to sell before the next RNS.
I'm averaged at 85 in one account and 90 in my isa so not far off you!!

Agree completely, just look at dixons today, great results, reinstatement of dividend and negative

That's just an article titled with a question, uts a discussion / debate not a fact that is happening.
If it was do really think the share price would be back in the 70s?
The one below is cineworld to make a bid, and the news was from Dec 2019.

I keep holding and adding on further drops, but I'm seriously thinking of taking the loss now and buying back when it bottoms.

Dec 2019

How can the market react like this, incredible really.

Even the markets shouldn't be able to knock these having briefly skimmed through

Can't seem to break clear of 39 , but hopefully finish blue another day.

The only observation I would make is as soon as the shorts increased last week, the sp was pummelled that day and been kept where it is now.
Take this morning, I'm not a charts person but it seemed to gain a bit of momentum earlier up to around mid 83s and then back down to sub 81 in no time.

Funinvestor
True enough that CINE was shorted before covid and they go up and down, but these guys are hedge funds that have all the info before it's out and the ability to keep depressing the price, because its too easy for them to make money.
Until Mooky gives a forward looking update and addresses plans for the debt, the SP is about where it should be.
1.20 earlier in the year was Xmas come early and probably not warranted.

It's a factual balanced view on where Cineworld are at, look what happened when the shorts increased last Thursday!!
https://shorttracker.co.uk/company/GB00B15FWH70/

As long as this company is heavily shorted, the price will keep getting depressed.
Look what happened last Wednesday after close, the share price significantly dropped after gaining momentum into 88 plus territory, reason ,shorts to increase their position following day and drove the price right down again.