RE: Fomo2 Nov 2022 09:48
I think it's building up.
According to the chart from yesterday, it should be around 8p+ by mid day today.
CINE is recovering, but no straight line as normal.
Traders can earn some if they sell/buy in right time, but some traders will buy in higher so holding could be better in that case, all about timing.
In overall, holding is better when going up otherwise it's a risk as we don't know what time this tick up...
It seems like CINE is on the way to hit 20p in few days/weeks then settle little while there and then rise to 50p-£1 next year as company is finding the right solution now and major hurdle is done.
I hope that RNS will delay as it they want to see how much this rise before RNS and then with RNS another steady rise hoping IMO. This is similar to CINE drop with bad news, and it is reversing now the same way IMO.
GLA