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The party ring of investors has reconsidered their position and are sitting down to hob nob about their options.
No one is trying to shut you down Ash but your changing views/opinion of the situation as you've explained it don't gel with your investment as a long term holder. If you thought and felt things were as uncertain as you claim then logically I'd expect you to want to change your investment strategy. I think because your actions and your words haven't been linking up thats why people have been suspicious of your motive. Everyone is entitled to their own opinion but if you told us you were going to off the back of your views sell part of your investment to buy back in lower then that would at least make sense with what your saying.
There is a difference between being realistic and being a downer. Just because others might want to throw around wild predictions your responses don't need to be so reactionary toward them.
You just said that if the share price goes down then it goes down and if the share price goes up you'll be happy. If your so proud to have a "clear contrasting viewpoint" to most of the other holders then its easy to consider it a negative viewpoint and doesn't make sense for you to spread your uncertainty so publicly. My advice, wanted or not would be for you to try and be less emotional. Stick to the facts and that way you can give a truly neutral opinion if that is your goal, as it stands people are calling you a downer because thats how you are perceived.
My posts earlier gave my opinion that I don't think this will go down but if it does unfairly go down it will be because of the uncertainty spread by both the PM and media surrounding a variant that vaccines have been proven to be effective agaist and so any drop will be temporary. You mentioned your frustration and its understandable but try not to be frustrated, what will be will be and if it frustrates you so much then maybe consider if its worth all the frustration to keep holding or if you will be hppier taking what profits you have. Life is too short, be happy.
Nice find mate, soon we'll hear the tills ringing, the popcorn popping and the shorters screaming.
I agree LTH, I wasn't saying its good. If anything like a typical poltician its very self serving. My thinking was just that we should take his warnings with a pinch of salt, just like we do with investing obviously listen to what is being said, do some analysis and come to our own conclusions. My conclusion is that he wants to slow down the pressure on him to reopen early so he can stick to his originally mandated plan and turn around and tell people "I told you so." So annoying but I won't allow it to force me into making poor investment decisions.
I've been thinking about this quite a bit with the variant news and I'm starting to think that Borris might just be playing a bit of politics here with his statement.
Obviously we should all take variants seriously but when it was just a week ago proven that vaccines have a stronger efficacy to the India variant than was initially thought and the double mutation doesn't make it any more deadly or contagious than a single mutation variant then you would think Borris would rather keep people calm than put doubt in peoples minds unless it serves him to do so.
Borris has recently in the past few days had growing opposition from sections of his own party who believe that the June reopening should be brought forward and they were essentially trying to strong arm him and make him look unnecessarily cautious which is bad for his personal image.
Now after his statement talk bringing the June reopening forward will be killed off in a single swoop, he has retaken control of the narrative and so when things do work out, as I'm sure he hopes they will and we unlock again in June then Borris can take full credit, look like a hero while also having covered his back on the off chance he has to call for a delay. Borris could have kept quiet and just handled the situation but but with a bit of clever politicking he's probably turned it to his own advantage.
I don't think this one has been posted Bo so nice find, that means we have deals struck with Warner Brothers, Universal and Disney now some of the biggest players in the business. Bring on Monday and reopening next week.
Ignore me, it's just google doing it's thing, it's jumped back up to 89.72p now. Alarm over. lol
Google shows a drop after close to 87.50p, anyone know what thats about?
I'm happy with that, put yesterday behind us. Onward and upward.
With 50 minutes left there is still room for it to run, we could possibly see us regain everything we lost yesterday.
I was wondering who would be the first to post, it felt like everyone was watching with baited breath not wanting to jinx the sp movement lol
If only we had redditors willing to attack our shorters for us aye ;-) lol we just need to do it the old fashioned way and be patient, the MM's will play their games and unless you're Game Stop or AMC there is very little you can do about it.
The market is up, this could well just be short term profit takers aka day traders who bought in at 82p yesterday and thought they would make a quick buck off a 5p rise or perhaps a tree shake from MM's but my instinct says traders. Don't forget because we dropped we have to rebuild the strong hands each leg up we move. Patience is key, it won't take long and there still be a true spike up at some point soon. My gut tells me Monday but we'll have to see.
They get away with it more when the whole market is crashing because it gives them cover, they'll be forced to give back some of what they took in the coming days. I wouldn't have bought back in if I wasn't confident of where this is going. Watching this stock from the start of the pandemic gives you an idea of the games that get played.
Morning sharefall, I agree with your sentiment. Its quite amazing to see the influx of negative posters who are relatively new to the Cineworld forum, are unlikely to have invested anything and expect their opinions to be counted or heard.
Who would you rather listen to, long time proven investors who have had the foresight to buy and hold from the companies lows at 20p to 30p who are sitting on a healthy profit and are still saying this is not the time to sell.
Or
New posters to the Cineworld forum who are unlikely invested because all their posts seem intent on trying to convince others that the sp will go down, not recover and that people should sell.
I know who I would listen to... neither. I'd do my own research, reach my own conclusions, build my own thesis and ignore the noise while keeping an eye on those who are in profit because clearly they know what they're talking about.
If we fell with the market the past few days then fingers crossed we should rise with the market today. The bounce back starts here.
"The FTSE 100 was set to bounce back from yesterday’s brutal session despite concerns about the spread of the Indian covid variant in the UK.
Shares fell heavily yesterday although they did manage a partial recovery from the morning’s inflation-fuelled lows.
Today that improvement was set to continue, with the FTSE 100 being priced up 45 points at 7000 in pre-market trading on the IG platform. Encouragingly, 72% of traders were long on that price, suggesting the rebound could be even healthier."
https://www.google.com/amp/s/www.standard.co.uk/business/ftse-100-set-to-jump-despite-concerns-over-spread-of-indian-covid-variant-b935079.html%3famp
You probably explained it better FI so thanks, whats with all the crazy posts today. People need to just make their decisions and chill.
It's irrelevant because tomorrow we'll see what impact the Universal news will have if any and the US Cineworld will follow whatever happens in the UK.
Cnnwf is not an indicator of future performance for us. For a start they follow us here in the UK not the other way around so a fall there to match todays losses is very much expected. Secondly as others have said in the past, its a very small pool of shares and so with such low volume is ripe for the manipulation. This will bounce back very soon like we've seen before.