The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Shareflyer. You might have missed it. But somebody posted an email from Cineworld investor relations yesterday, that said Short positions had been unchanged at around 13% since the beginning of June. So can't be shorts dropping the share price.
No I do believe you. But if you accept the IR statement that short positions haven't changed since the beginning of July then short selling can't be bringing this share price down. You can't have it both ways you see. Shorts positions can't both be unchanged, and at the same time changed to bring the share price down.
Hi JG68. I don't think it is shorters doing this. If you check with Cineworld Investor Relations, you'll find that short positions have remained unchanged at around 13% since the beginning of June. More likely I think it is the influence of negative posters on chat forums scaring off PI. Something needs to be done about them.
Haha, yep, can't wait to hear this either...
Factually you are correct though. But that's only because this share has pretty much only gone down in the last 2 months or so since I luckily sold all my shares at high 80's for a massive profit due to perceived uncertainty at the time. Looks like a good decision now.
Don't want your 4 shares they're no good to me. I'm going after the big boys. Reckon quite a lot of fund managers read this forum and make buy/sell decisions based on what I and others write.
You got me timeshift. I believe that posting on this BB is the key driver for whether this sp goes up or down. And I'm trying to singlehandedly take this down, down, down.
Lee72 they're not able. You won't get any sensible answers here, just wild accusations that "this is being played" without any explanation. A £1bn capital stock is largely determined by supply/demand
Just you wait until I get going tomorrow. That everyman share price is going to drop, drop, drop when us shorters get hold of that BB.
BC. Does that mean you're ditching your "£1 by the end of this week for sure"? Or are the markets still telling you to expecting a 30% rise tomorrow?
30 years reading the markets...
Guess some people just don't know how to 'read the market'
I hope you're right I've just bought £535 worth of shares! That's almost half my pocket money I saved up!
I see this dropping down to sub 80's next week. MM got this under control
110 by the end of next week for sure.
Yep, good shout, that definitely is a lot more encouraging.
Yeah fair enough. We've got a different opinion and don't have to agree. Personally I'm very interested in pre-covid conditions because I bought stocks at low prices last year so looking at how far and fast they can recover to where they were previously.
Completely relevant, must be insane not to think how a company and market is recovering against pre-pandemic levels is anything but relevant
I'm not trying to analyse the recovery in its entirety. You're conflating two different things. If you're buying a stock that got hammered in the pandemic based on it making a recovery then it's completely relevant to compare how it's recovering against previous levels and hence what price expectation should be.
Didn't say we're in a post covid world. Lots of people ramping this share, saying the tills are ringing, F9 black widow, US fully open. But only 1/3 pre covid revenue. I've invested in a few recovery stocks including Whitbread and it's completely relevant to check and compare where we are today against pre-covid. That's what the recovery is against and where investors set their recovery targets against.