Do remember a lot of people talk a lot of crap on BB.
There are some people who make every effort to try an impress you, with how great an investor they are, how much they have made, where they go on holiday, who their celebrity friends are etc..
I would imagine most are talking absolute BS. Seriously who would even try to impress people who you will never know and will never meet.
They must have something seriously lacking in life, probably in all areas, financially, socially and their own confidence in the real world.
On dating sites I think they call it cat fishing or something.
There will be lots of people who talked this share down massively and suggested how low it will go. If it hits those prices then it’s fair enough for them to then claim they now switched and have invested.
But it it doesn’t get to the price they suggested and instead rises, call them out when they come on with the BS of how they caught the bottom and are now riding it up.
We are definitely not out of the woods yet.
A lot is going to happen between now and next spring.
But De-rampers are in extremely short supply today, hopefully just like Cine shares in a couple of days.-
Unfortunately any shining beacon in the results, such as lower than expected cash burn or new available credit facilities is probably going to be shaded by current UK sentiment.
We can keep saying the main business is in the US but unfortunately UK listed companies follow UK market sentiment. Also revenues in the US haven’t even really started yet.
I really hope I am wrong and we see a nice bounce on Thursday though!
My average is in the low 50,s and I am now over 20k in the red on Cine.
Is it enjoyable? No
I am concerned? Not really, and I think it will go lower yet. Have prepared myself that I could easily be 40k down by the end of the week.
But it could also bounce on Thursday.
The business and SP is in a mess because of Covid. You have to ask yourself if you think Covid will still be an issue by next spring or summer. If it is then I and most people will have much bigger things to worry about anyway.
If Covid is gone or there is a vaccine the business only needs a couple of good quarters with big films and the SP will rise significantly.
Any any news if takeover would only compound that rise.
I am definitely jealous of those who can buy in at this price. I was thinking of buying more but then my investment would move from significant to pretty unbalanced. Although I haven’t ruled it out.
Also good to remember it looks like it’s going to be a long winter and we could be looking at new lows as far ahead as February/March.
Funniest response I have read today.
@shamus....which one? Sting, the Copeland drummer or the other one nobody can remember?
Was worth the drop today just for that!
I would suggest everyone to watch Sky news and see Ed Conway put the graphs they used to the test.
They say we are following France and Spain but then pick a completely different trajectory for their curve. Over estimating potential deaths by 30,000!
They also said the doubling rate is every 7 days when sage says it is 10 days. That Has a huge effect when you are taking about exponential growth.
Not sure why they are going down the route of project fear. Perhaps so they don’t have to go into lockdown.
More of the same most likely tomorrow, going to be a very tough week.
From what I read it seems they were concerned Boris’s wouldn’t be able to help himself saying something positive and they didn’t want to send out any mixed messages.
It had to be doom and gloom all the way.
When it all shakes down, and it probably turns out that the number of deaths over a 12 - 18 month period was no worse than a bad flu year the scientists will also take the blame.
Shamus, as always you come out with a statement (the first thing that comes into your head) and then won’t respond when challenged.
You just move on to the next post to write more garbage. Rinse and Repeat...
I swear I am not picking on you but there is never any credibility to the statements you make.
The same goes for when you were on the other side of the fence ramping..
Shamus -
Please give the top 5 reasons of how you come to such a conclusion and the sources of your research?
As you are so certain have you now opened up a short spread bet to recoup some of your previous Cine losses?
Nobody knows, when the bottom is, absolutely nobody! But look back at peoples historic posts and that should tell you whether you should even consider listening to what they are suggesting..
Don’t put in more than you can afford to lose.
I would say that any money put in at these levels is going to deliver a good reward next year.
However it’s probably going to feel like a long winter so leave yourself other opportunities to react.
Ask yourself are you averaging down because you see an opportunity to make a lot more money or is just to try and make your portfolio look better in the short term. Also is it going to significantly imbalance your portfolio?
It literally could go either way.
Certainty normally helps a lot but Covid is creating so much fear and uncertainty by itself that could drown out any positive news.
Cineworld is up over 100% since March.
Typically the share price immediacy jumps within a 5% range of the offer price.
That means you don’t even have to wait until the deal grows through, you can just sell your shares at that point as normal.
If they just agree to buy a big stake at certain price then normally it is worth keeping hold as the price often soon climbs above that share price.
He means Bert and Ernie from Sesamie Street!
He never missed it.
If so most have very little to fear.
I am ot sure why Secretly is still here.
This was one of his post "This is to much for my heart guys - I've lost £500 and I'll take it on the chin. Goodluck but I won't be investing in any stock again. I have not got the bottle"
I feel bad for anyone who loses money but they shouldn't try and advice other what to do if this is their mindset...
Although Cine is taking a bigger percentage hit than most it has to be taken into context of the whole market.
If it was the only one falling then I would be concerned.
We all knew this would happen after the all the covid noise. There will be much bigger investors sitting tight on much higher average prices than most people on here. They has the experiance to sit tight ride the tide and wait for it to come back in and take it higher. it might take unti spring, but spring tides are alwasys the highest.
No need to panic
Not sure why so many people look at the very short term view of where a company is today rather then where it’s going.
Covid at worse will be here significantly for only the next six months.
Even before it disappears and becomes no more of an issue than flu we will have lots of news on avaccine.
We shouldn’t be very concerned at all.
The last thing the large institutional investors would want is a dilution for themselves.
Having said that, a rights issue does have to be a bad thing for a business that has a long term future.
It in the remote case it ever did happen it means you get to buy shares at a discount and the SP rise that would happenafter it would more than make up for any dilution.
Investing is about the future, not what is happening today. Learn some basics FFS!