Member Info for nightyard

My mentality is if it reaches the price I want then great, if it doesn't then another share I'm watching probably will. I spiked myself last week by not following my own advice! Better to try buy low and risk missing it then buy high and get spiked.

Can you share some screenshots of the charts?

https://www.zerohedge.com/markets/futures-storm-higher-ignoring-riots-chinese-halt-some-us-imports

Yes, it was the exact same as now though; people pile in and then move on to something else after taking a healthy profit.

I THINK this will calm back down unless another RNS comes out stating they are definitely opening and not simply working towards opening to a soft date in July.

What did the RNS tell us that wasn't already highly anticipated? Nothing in my opinion.

I see this recovering to 118p at some point in the 4 - 8 weeks depending on how lockdown easing. The riots have not only caused civil unrest, looting and vandalism, but it's likely to have greatly increased the R value of the virus among those rioting. I can't think of anything worse during a SARS pandemic!

I think 118p when they start trading again.

of the last strong spike from 40 to 80, which then went down to 52p.

I'm waiting for 72

1. Momentum & 2. supply and demand

this is then compounded by a huge spike in coronavirus cases as it spreads throughout those rioting

Civil unrest and looting will of course impact the domestic market. Regal cinema represents a massive proportion of Cineworld's revenue.

Those riots are heating up. There are some pretty nasty videos on Twitter.

I think the riots will definitely hold back the SP however they surely won't continue until July so unlikely to prevent any openings.

Overreaction? How dumb are you? Next time lets just let a highly contagious outbreak of SARS just spread freely throughtout the global population. You ignorant muppet

I've got a few house builders so that's great. I'll probably abandon ship before the Q2 GDP figures are posted though

https://www.mortgagesolutions.co.uk/hub-page/2020/05/29/housing-market-return-very-quickly-turned-into-mortgage-applications-lloyds-bank/

I'm tempted to short this if it jumps up much further. It's had monumental positive movement, especially considering the overall state of the market during the same period.

well it went from 40p to 80p in April then came down to find a 52p floor so it's definitely not out of the realms of possibility for it to find a floor at 60p - 70p before going up again... God knows though! It's all about risk/reward and at my targetted sell price of 99p, I'll bite if it drops to beggars belief cheap again. Can't afford to have too much exposure.

No country can afford a second lockdown. This first one was needed but a second would be catastrophic for the economy. deaths from a second wave will likely to seen as a necessary evil by most to keep the economy from decaying further..

I really have no idea where this could go in the short term, but neither do all these self-proclaimed investment gurus posting tripe on these boards. Yesterday someone posted about this share going to £100 today, that'd be an impressive increase from the current share price of 86p.

I don't know what price will tempt me to get in on this either as I've opened a few positions which are currently underwater, plus I'm leveraging my money and want to make sure I can cover any unexpected crazy swings to new lows on my open positions.

I value your input Zac. So many bullies on these boards.

There's a good reason to believe there will be a 2nd wave however things will be in place to cope and the economy won't be shutdown in the same way as before. I don't think a 2nd wave will be as bad as this one as behaviours have changed and people will remain wary. Plus access to PPE will improve, we have a track and trace system and there will likely be a massive increase in tests being done to identify the sick. The more that catch it, the less it can spread once they've recovered.