Member Info for Newbie2020

I wonder if/when this hits 98 to 103 pence area if there will be a sell off and mass profit taking based on that being previous high in past to rallies?
I would love to sell at 1pound watch it dip to 80's and buy back in
But it could well carry on past a pound and you've then shot yourself in the foot.

Should be a good day tomorrow perhaps 500 might he reached if results are not worse than expected.

Say for example cine is bought out by a public company on stock market is there an option to just hold your shares
Stock for stock kind of deal
Surely if its privatised you have to accept buy figure per share or sell prior to deal ?
Pls clarify I'm new to this kind of stuff
Much appreciated

Can you just choose to hold your shares?
Or no choice but to sell ?

If a private company buys cine at 1.50 per share I'm assuming that means shareholders get 1.50 per share they own ?
What happens if cine is bought by a public limited company with it's own shares ?

That would be great.

I will also add I still live live at home and able to save majority of my wages for the last 7 years or more so lucky in that aspect.

27,house or flat down my way is about 220 to 250k
Nothing special but gets me on the ladder

I calculated last night if this gets to a pound and I sell would make 65k profit.Not boasting and to some on here that's peanuts but that will nearly give me enough to buy first home outright with my other savings.
So yes I'm very keen for this to hit 1pound
??

Dow/s&p500 are down about 0.3/0.5%,but AMC were still up.

Depends what amount you have I'm aiming to sell half of my shares around 1pound and keep the rest for a long time.

That's the tricky game sell at 1pound hope it drops abit buy back in,that would be a nice treat.

I've got a help to buy Isa with about 7k in which I had semi forgotten about I seriously considering withdrawing 6k from it and investing here to top up my existing holding.
2% interest if I'm lucky and a pathetic gov bonus when I buy a house....
My thoughts being 6k at 40 pence sell at 1 pound or higher double my 6k and more.

Just sold iag and easy jet at a loss
But still up from previous profits from iag a while ago.
Put 25k into this at 37 pence
It was a f##k it moment far better chance of a rise here to 70pence plus than iag or easyjet making me profits
Even if cine shares cover my losses on iag/ezj all good.

I'm very glad to see this up today I'm not shorting it and I'm in at an average of 60p.
Also not de ramping.
What's been playing on my mind is could us cinemas opening be priced in to a degree ?
Opinions

The usa cases are on a decline but according to cnn the tests being carried out are alot lower in 29 states.
There are health experts suggesting state lockdowns for higher death/case numbers.
Worst case let's say a few states did lock down again usa is still bulk of screens as long as majority of states are open surely were ok.
I'm going down worse case scenarios.

Are cine using 2m or 1m distancing?
My thought if 1m with masks that's more people on the seats which is good.
BUT will people be unhappy/scared to sit within 1m of others knowing masks will come off to eat and stay off once lights are out.

I'm guessing you mean in the form of a rights issue
Take IAG they had 8.2billion in cash reserves as of 31st july and are seriously considering rights issue for 2plus billion
Shareholder vote in sept.
Anything is possible in current times.

Can america even afford or contemplate another lockdown if cases/deaths are rising.
There was an article from federal reserve stating america will need another lockdown.
That would be a colossal disaster for cine

Not long ago someone posted figures showing cases were declining?