The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Nothing todo with retail.... retail does not having the buying power to cause this. If you think the little guy is making money, imagine how much the people moving this are making.
my 2 cents with AMC.
I think you all are missing the bigger picture here and the essential thing to understand is that this is not retail money moving the stock. Retail has been buying AMC for months and nothing happened. This is Institutional/Whale buying that is coming into effect pushing the stock and retail is along for the ride.
Cineworld will not move like this, you are only setting yourself up for disappointment.
AMC will have 0 impact on Cineworld. This is very wishful thinking, I mean just look at Cinemark, its traded in a 1 dollar range all day and thats the closest thing to AMC there is.
The Westfield white city cinema was absolutely rammed for the last 2 days I’ve been. Going to my local cineworld Wednesday so we’ll see what a midweek showing is like.
Its not shorters, the entire markets are crumbling due to the madness of Jan/Feb. Inflation worries are rising and Cine, no matter the good news is not immune to the general market sentiment. proceed with caution when adding dips but by June/July I still hope for my 1.75 :)
Loool its always the same thing with people... Attitudes have changed yet Godzilla showed great numbers at the box office ?
Man every time I come back to the board, I get driven away.
Mr steel scooped up a cool 15k worth of shares
Barring a monumental crash on vaccines and a new super strain, any potential waves will be short lived and non threatening. The UK and US will be fine while those lagging should have more vaccine options available to them soon (EU). This share price along with normal life is looking good to kick back very soon.
Why would they dilute shares now? Especially with the share price incentive for the bosses. I don’t see dilution anytime soon.
Held strong since the 20s and will hold all the way to 1.75.
HOWEVER, this is slightly worrying....
https://ibb.co/rcSbpNx
Looking primed for a reversal now, charts looking good, we need to reclaim around the 1.08 level I think.
No trader, what you want to see is the share reclaim vwap, consolidate and push from there. MACD on the 1 min looks promising but the 15min and 1 hour have some way to go.
It’s severely oversold now but that means nothing if volume doesn’t come back in to drive it up.
I believe this is people collecting profits before Thursday driving the share price down. Quite frankly I didn’t expect such a dramatic decline today.
It would have been better to save the reopening news for Thursday, it’s literally had a nil effect
Even worse then... Atleast if you were a road man I’d be able to sympathise and understand you. Work on your interpersonal skills.
You sound like your from London trader ? Just curious but Wag1 to you constantly posting on a board trying to justify your decisions? Just do your thing.
You should never use % as stop losses, always look at key support levels and base your stop loss around there otherwise you’ll get caught out in a swing or stop loss hunt.
pretty sure AMC sorted their debt out now, they used this momentum very well
The US market is on its knees so selling is possibly coming as people take profits to cover elsewhere.
Moment of silence for Union who should have just sat on his hands.... many have tried to trade this share and most fail.