Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Maybe they’ll do a stock split, then ramp the price up and use the proceeds of new shares to fund the clearance of other debts. Possible?
It will be worth it…
But, picture this 2 months ago, I had £7 per point on Tesla @ $570 and £1,500 a point @90p on Rolls Royce. I closed them down to go in £3,000 a point @80p on Cineworld… the other stocks rocketed and Cine tanked lmao. Typical…
In my entire history of trading stocks (~10 years)… whenever a stock is forced to stabilise at a particular price, consistently, it means something is happening. Usually, a high impact corporate action.
Whether it’ll do anything good, who knows. But I’m starting to feel a little uncomfortable with the high level of manipulation.
Oo thanks. I googled uncrossing trades, didn't get it tbh.
Am I seeing a sell of 681,681 after the bell???
I agree with mountainous.
The only other consideration I have, with regards to price manipulation, is they could be preparing for a takeover. Is this possible?
Otherwise, it is definitely dirty games.
If Cineworld don't go under, which appears that they will not (at this point), the SP is bound to rocket to £1.50+, possibly within the next year, which is quite a significant rise.
People are accumulating at this low price, the impatient will move on and sell their shares. The fearful will do the same. The patient and fearless will succeed. Once this price is out of this dump, I don't see us heading back into it until the next pandemic.
I think this price will recover well into the 70s before end of month.
Markets are all manipulated by whales. The markets will never or rarely make sense, so you just gotta ride the waves of the whales and get your profits. That is really it, tbh.
Just wait... the longer it is held down, the more we are going to fly. This SP is being held down because of manipulation and / or the ongoing court case.
I don't think it will be long before we get back up to 80s / 90s. This SP is just really volatile. Wouldn't worry about it tbh just hold.
same bud.... everything is red, good days are coming. HOLD.
Thanks for everyone's opinion. I am talking about price action from technical analysis, not fundamentals. Thanks.
Price action perspective only, not anything else. I am not wrong and you will see.
Before RR rocketed, it fell from £1.20 to £1.04 (which was not good to see), but then it let rip.
Similar story. We will boom above £1 soon, possibly before EOM if we are going to close in the green. I think 90p by EOM.
Probs why the share price was tanked so they can cover their shorts cheap.
haha nice
This will bounce in the area you just sold. Look at the monthly chart, we about to flip green.
Usually when a share price dunks, for no apparent reason, there is usually a reason. I think it is a shakeout, get people out / panic sell. We will be back in 80s in no time and newbies will be like WHAT in a few weeks. Those who held through the storm know what's up.
I made a choice 2 months ago between RR and Cine. I chose Cine... lol... So painful.
It actually hurts, tbh.
Typical movement for Cineworld to dip down in the first half of the month and fly up in the second.
If we are to have a green month close, we need to get moving from this point. I cannot see sub 64p.