The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
I'm with you JBaumber, in at just under you at 89p, so I'm going to use my instincts and hold on now till whenever, being 40% down is way too much to pull out with now, and at the moment too much noise on here to take notice of to make any other informed decision, the facts are simple, Cine is opening end of the month, Covid, sentiment, and Trump may be affecting the SP, but the bottom line is we're all waiting for the opening to see what happens next, I think that is the next most important influence on the sp, but that's just my view.
I'm going to guess it'll have it's morning spike up to no more than 65p then slowly retreat again through the day, won't be much of a continue upwards until around the end of the month, I may as well be predicting the weather here as I cannot predict either with any certainty lol
One thing I do know is, it won't be hitting £1! lol
Very small fish here too with my 2300 shares, hopefully I'll be able to trade my way up to a decent amount one day, but it matters to me not how big or small the investors are here, we all started somewhere and for most of us that is usually with not a lot...
GL
Yes there is people that are still s**t scared of Covid, but the truth is people generally have had enough of the lockdown now, so they don't care, they are dying to get out and have some sort of a life again, further easing will just fuel the need, just look at recent events that's enough evidence....
Yes making some heady gains this morning and holding, hopefully this continues...
Right timing would have been over the last couple of days 50's lows, but that's just my opinion....
More stung by buying in too early, should have waited another week or so to the current prices lol
Like some here, I jumped in higher up at 89p, in hindsight I wish I had watched it a bit longer but it's easy to say that later down the line, but am tempted to see how it goes this week and find the funds to top up, as it should be a decent average down opportunity.
Clearly shown yesterday that with approximately 250000 people down on Dorsets beaches yesterday that people have had enough of staying isolated and social distancing, not saying what they did was right, but like anything leisure wise I don't see why people won't be itching to get out to a cinema, it just needs to be managed properly to minimise the risks of spreading.
I hope so themuir01, it's about time we saw it back in the 80's and upwards where it should be...
I was fully in @ 89.96 with no more funds to top up, so certainly not in my interests to deramp, it has stabilised a bit now but was on a downward a short time ago, so was only wondering.....
Touching the 50's today?.....
£1 today lol
I jumped on board at 89.96p, so fair to say I'll be holding as I shall not be taking a loss, especially at this level, but right now that 89.96 is getting further and further out of reach, I know we'll be back there and beyond at some point, it's all just a waiting game when in the red to eventually come back and turn some profit.
Sell if you're in profit yes, or if the business is about to go the way of the pear and you need to take a loss rather than lose everything, otherwise it's a reasonably good buy right now, 2 weeks time is what we're all looking for with Cine now to have an upwards effect on the sp, if you're already in, then hold on tight as it's been a bit choppy recently, but hopefully better times ahead.
The carnage just keeps on coming, we'll pull out of it eventually, but not looking great at the moment.
I'm happy with holding for a while, I don't need the funds at the moment, small they may be in comparison to most of the big fish out there, and experience is something I'm slowly gaining as I am by far a novice still, but investing is something I wanted to learn and succeed at hopefully over time.
I think I could have averaged down many times over the past week or so, but hype over changes to social distancing, binning off Cineplex, overhangs, positive news, negative news, and people constantly saying 90p, £1 today etc etc has made me hold on!...
Agree with Investroid, obesity is often down to life choices, it's not something you catch lol so not really comparable...
The next thing he'll be saying is that the rate of infections is coming down to warrant more easing of lockdown, no s**t Sherlock, test less, reveal less infections and make it look like Corona is going away, kind of suspicious we're doing the same thing here, just to warrant easing of restrictions and put the economy before peoples health...