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Read my below post and in particular the paper I attached- this is anything but over, including in China. We will see them return to lockdown in the coming weeks, and cycle between periods of lockdown and relaxed movements for 12-18 months minimum until a vaccine is released.

Dear all,
Can I draw your attention to two things:

1. A podcast released featuring Michael Osterholm, an internationally acclaimed infectious diseases epidemiologist, previous advisor to many western governments, and a person who has accurately predicted (ie modelled) the coronavirus outbreak to this point. Only the first 15 or so minutes are relevant to my point.

https://youtu.be/E3URhJx0NSw

2. And secondly, I share with you all the paper upon which both the UK and US governments are basing their entire coronavirus response strategies, as released by Imperial College London several days ago.

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.imperial.ac.uk/media/imperial-college/medicine/sph/ide/gida-fellowships/Imperial-College-COVID19-NPI-modelling-16-03-2020.pdf&ved=2ahUKEwj0yYrch6ToAhVZh1wKHYFuAHoQFjAAegQIBhAB&usg=AOvVaw1hsNx-bJFA4q9qC2xTRHVd

Once you have read both of these it will be abundantly clear to you all that this virus is not going away in three, six or nine months. We will be dealing with this for 12-18 months MINIMUM until a vaccine has been rolled out for mass consumption.

This is going to be survival of the fittest in the business world, and we will see many, many companies across multiple sectors go bust. Cineworld simply cannot and will not survive even despite the business rate changes.

To those who have shorted this, well done. As you may be aware, if you are shorting a company which goes into administration, you get to keep 100% of your profit.

But that's not all- since shorting is typically performed with leverage, you get to keep 100% if the profit × whatever ratio leverage you are utilising. So for example, on a retail trading account through IG, you keep 500% of your margin amount.

Good luck all and make sensible decisions here.

They have full confidence in the company and so do we!

The non-cash charge, much of which relates to goodwill on a merger dating back to 2004, overshadowed a relatively upbeat update from the group, which said the impact of the coronavirus outbreak on its business so far had been "immaterial".

The non-cash charge largely related to a "good deal" of goodwill on that merger in 2004, Chief Executive Ashley Almanza said in a media call.

-There is nothing to worry about!!!

Ofcourse it is, look at the fundamentals of the RNS
Even MMs only opened trading slightly down. That's a good indicator as to where this will shortly return
I just hope the upswing is rapid so that as many shorters get burned as possible!
Hold tight, this will bounce!

This is seriously oversold
A one off impairment charge making everyone panick! When revenue is up..
Should bounce 20% by the end of the day from here

I've been following closely and am so so sorry for you LTHs

Ahead of schedule!
Anything below 15p here is a BARGAIN, this will hit 20p minimum by the end of the week

Again and again MMs are fooling PIs into panicking and selling
And then the SP bounces back
We can see a clear trajectory here. 15-18p finish today fingers crossed, minimum 14p

Breakout pattern, 18 on its way- mark my words and thank me later

It's because even they know its undervalued.
Yes maybe 70p isnt realistic.. but 30p damn well is.

Bravo to the MMs, they freaked out maybe 100 or so PIs into selling shares to them, then BAM the price suddenly goes up again. XD

People seem to know a bargain when they see one

15-18p

I'm looking at the fact that the SP has consistently rebounded with bad news, such as the downgrading yesterday. It's so undervalued that nothing can hold it down. Now in the absence of negative news (or you never know, maybe good news today of some sort) it will go for the moon

Can you guys feel it!

Cheers

Freeh report is due out 'before NMC releases its 2019 results in March'
Is there any indication as to when the 2019 results will be released (hence what time frame we are looking at with regards to the report)?

Ha the rampers are waking up. Don't listen to their lies!

Says it all. Hope you vile ****s bought into this with leverage. Laughing every time this is in red.