Hardly, unlike you i dont try to trick people into buying or selling to get the result i want..
Literally no point ramping, makes you look just as bad as the derampers, its a hold for sure if you are massively down, but not worth worrying about up or down day etc
Securities Lending. Status: Open 46535480
The way i understand the RNS is that Goldman have lent out their shares to shorters
Stop giving financial advice is my free advice to you
Crapita hasnt gone anywhere in years NoFear
If it goes to zero they simply dont have to give the shares back meaning they keep the money they made from selling borrowed shares
You assume they acted on inside information, but really wallstreet journal ran a story exactly the same as in 2020 without consulting with Cineworld.. and Cine have said they have no further to say to the media. All papers jumped on the fake news and spread that bankruptcy news like it was fact.. hard to believe anything from them after the past few years of their bullshyt
The thing about having a job where you do very minimal actual work and menial tasks is it gives you time to reflect on situations.. i dont know if it will end badly with Cineworld but i have came to the conclusion (rightly or wrongly) that the lenders may have said to Mooky if the appeal is successful they will continue to fund the recovery.. but if the appeal outcome is not successful they will have to take control etc and dilute shareholders to get their money back quicker.. i could be way off but something doesnt sit right with the way they moved back results a month (until after the appeal) and how Mooky knew about the weak film slate between August and November yet at the AGM he said that the slate was strong and they were doing okay.. mixed with the way all the other cinema chains results were showing a near enough recovery to 2019 levels due to the same films
I think il continue to topup till the end and if im wrong im wrong but just seems like a way to show the courts they wouldnt survive (and Cineplex are last in a long line of creditors)
If they go down maybe i lose a few more months wages.. if im right ill have a decent amount of shares in a great business going forward (i still dont believe cinemas are dead) even if Cineworld dont make it with current shareholders tagging along it will still survive and thrive in the coming years despite what some people believe, maybe im just a sucker but im gunna go down fighting with all 3 of my distressed stock picks
I dont blame bonkers for my investment choices.. because im not some little cry baby who who blames others for my own actions
Trekmadone - if they have already dumped the shares and then it goes to zero they dont have to give back the shares if im correct (as how would they)
Why would they close shorts now, they are greedy and want their 0p
You yanks are dumb.. there is no such thing as Chapter 11 in the UK.. the media been spouting same crap
Stanley - maybe Mooky finally had it with the shorters and knew they would over do it and then he will announce they have the funding in place
Isit cheaper if i go 2nd on her.. go halves plasterer?
Alternatively, cine could get funding the same way it has done when fully locked down.. nothing is set in stone and Cine only really need 3 months funding which through lockdown was £60m/month cash burn dont see why lenders wouldnt allow cine one last bit of debt for old times sake ;)
Bullsbears i dont think they need to give a warning as another share i have been watching (ORCP) keep raising cash like that by diluting bit by bit without warning.. so guess theres a bigger game at play or it makes it harder and harder to raise the lower the SP gets from the 'warning'
Show me on this doll where the LTH's hurt you
Yeah they own 20% but they are being used as collateral for a previous loan atm anyway.. guessing they will dilute everyone and then buy back when things are not looking so grim.. seems a little weird with alot of films doing well that they say things are this grim, well what do i know, thought things were on track.. but we find ourselves lower price than the height of lockdown .. seems totally disconnected with reality
Luckily for him he sold 8% at over £1.20/share giving them £100,000,000+ to buy after dilution has taken place