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Posted in: CINE
This is really big news guys
Well they were warned I suppose. Still you feel for them if they end up on the streets.
What's happened to them ?
Looks like afternoon rally is picking upI think @45p close is easily achievable
Universal will bid for AMC, I'm sure that is in the pipelineSo where will that leave Cine
Actually I can see everyone buying popcorn so they can take masks off when the film starts. Popcorn is highly lucrative, 1000%+ margin straight to cineworld !!
Wasn't it the studios who lobbied for the removal of the restriction ? Why would they do that if they did not wish to bid ? And what better time than now for an opportunistic bid ?
Looking set for a strong surge this afternoon
just the beginning here !
Day traders wanting a quick profitThere will be a surge this afternoon !!
No-one will care then if they bought at 40p, 50p or 60p !!
US reopening is the biggie on 21st AugustThen Tenet blockbuster in USA on 4th September
There's no better feeling !
Theres a 50% chance we will see 50p today
A 50% rise today is not out of question I have seen it happen with severely battered stocks
This is exceptionally good news ... will work wander me for cash flow !!The landlords certainly want Cine around for many years to come !@
3rd time lucky Its called bounceability
That's bounceability for you !!
Cine is one if those rare stocks that has bounceability.Not all stocks are created equal !