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Good job,
I reported him straight away, I wonder if there is an autoban or auto delete posts when the same post are reported by many people.
I agree on the whole WSB thing.
Great if someone is trying to get this going on there but it’s no good to start ramping that on here with absolutely no evidence.
Has anybody figured out what this Sachs/Stanley swaps process is all about yet? It happens all the time!
Is it a way of keeping the price down?
Is it a weird way for Jangho to increase their holding?
What the hell is it all about?
How long a time period do you consider “now” is Robin?
Thanks for the information livestock,
I can’t believe they have got to that amount of holding without anyone on this BB noticing.
Depends which country you talking about when you say people don’t have a clue about stocks.
55% of the population own stocks in the USA
That is compared with less than 5% in the UK.
I would say most of the Reddit movement are like the guys on LSE but probably more experienced.
Sure there will be a load of new additions who’s first experience of investing is GameStop because of the hype this week, but on the whole for a high percentage this won’t be their first rodeo.
Will be interesting to see how this pans out but hit to admire the balls on a lot of them.
This would never happen in the UK because most people would cut and run as soon as they made 20%...
IG index have now banned trading on GAME and AMC.
Maybe another reason for people to buy CINE! ;-)
IG app is down now.
I bet we will see the shorts have reduced again.
Why is the spread 1.5p...?
Cinemas in China are booming
https://www.globenewswire.com/news-release/2020/03/05/1995612/0/en/China-Cinema-Market-to-Surpass-22-Billion-by-the-End-of-2025-China-s-Tightening-Censorship-is-Making-a-Bad-Box-Office-Challenging-Growth.html
Chinese film making is booming
https://www.google.co.uk/amp/s/www.washingtonpost.com/business/2019/12/30/chinese-film-business-is-doing-unthinkable-thriving-without-hollywood/%3foutputType=amp
Not that difficult to believe they would want a big slice of the US cinema market.
Just a thought,
“Save your Regal cinemas from the Chinese” might be a campaign that would get the American Reddit army behind us... ;-)
The great thing is your money your decision.
For me though I invested in this to multibag.
I expected the share to hover around the mid 60’s until the end of Feb. Currently we are well ahead of that. We might drop back a bit again in February but plans for unlocking the economy and peoples freedom are coming.
Holidays won’t be happening but people will have a lot of cash to spend on leisure and real demand for entertainment which is outside of the house they have been kept in.
I have a good feeling that Mookey will be getting paid that bonus in the next 12 months, and before he does I will collecting mine at £1.50+
SP is heading back up.
Investing takes patience, nobody made a fortune on Amazon over night. It took years.
This won’t make you a fortune but will be 100%+ from here in only 6 months from now.
Markets are flexing their muscle and testing is, just hold...
Will most likely be back up this afternoon and even if it isn’t it will be well over £1 on news of reopening.
Everybody just hold on to your shares.
We have had a great week already and things will only get better and better over the next few months.
If in doubt work out your profit at £1.50 and decide if you can wait until August for that type of return. I know I can.
Exactly Ashash and Moola, this really should have been 80p by now anyway.
Most holders her are long term abs looking for £1.50, all that the last couple of days have done is perhaps being that day a little closer.
Yesterday people were selling at 71....
Shorters really will be considering their positions.
Sure you did Bristol...
And today is the first time you post on this board...
Remember there will be many institutions jumping on the Reddit risers and making much more than the PI’s.
Don’t be fooled in thinking it’s just PI’s gaining. Their will be many PI’s who will get barley burned at some point.
There are no such concerns here though, we are not even at 50% pre Covid..
Everybody has forgotten about these guys for the last two days.
How does this sudden rise affect what they do.
Do they take the profit and in doing so help out the shorts or is their holding a lot more strategic for them..?