Member Info for TheBeerStalker

Woody
Good question. To say the Christmas trade is shot looks like an understatement. Just walked past 4 pubs tonight and a premium restaurant in decent London location. Pubs should be packed, but are like a Monday night in January. Restaurant had plenty of spare tables and should be sold out in December.
It depends whether the market/ analysts have fully factored in these poor trading conditions, and the effect they will have on T/O + profits,
My guess would be that we will be back up to £12 ish by then, and maybe push on from there, if there are some more positive trading updates at the time.

Held up pretty well I thought today, when other shares took more of a battering. It did drop to the point this AM when the SP reached £815 where I felt compelled to top up, like I did with IAG, JMAT and Wizz, all of which made a rebound this PM to justify having done so. GLA.

This share has done me well again, and as I’m already in NEX as well, decided to take profit after lunch, and will look for other opportunities, as they arise. GLA invested.

@woody
I wouldn’t be crystalising those losses - in at sub £10, at this time wouldn’t not be concerning me. We both know what is going to happen when there is more positive sentiment about getting out and about again. People can’t wait to let their hair down, at which point these types of share are going to claim back lost territory. The dilemma then will be at what point and at what level to take profits.

It’s at times like these that shares like this are easy for people to watch; less easy to buy, as the watchers are always wondering how much lower it will go. I’ve had some great buys in the depths of Covid when others thought I was insane to invest, on shares like CCL, Restaurant Group, Hammerson etc. Wetherspoons has also done me well historically. With a spoilt Christmas trade awaiting, dry January ahead, how much lower do people think it’s going to go? My money’s on this being already factored into the price and it recovering in the weeks ahead. Just an opinion mind you, from someone that got CINE wrong.

@Repression
That looks like an asymmetric trade to me, fingers crossed for you. Did you do this on leverage (exposure to interest), or is it a purchase with stop and limit trade? If the former, what is your anticipated timespan for exit?

@MoneyP1t
It's been a very tough day, and I know how you're feeling, as I also have been properly rinsed this time round with Cine. I can't decide just now whether I will re-enter in the future, as I'm licking my wounds right now. Cine joins my list of investment gaffes, which I'm now out of, along with Centamin, Beyond Meat and AO World where some very significant losses have been crystalised in 2021 also. Good luck to those of you still invested, and bog-off to the Trolls that seem to be enjoying other peoples' misery.

I bought in today, knowing this to be very high risk.

In answer to your question, ‘why so weak compared to others?’:

1. Like others, it’s susceptible to lockdown fears, and travel restrictions. All those type of share have fallen, plus:

2. It is at competition risk from Govt creating its own app. NEX + SGC have no such fears, as they form part of the Govt’s long term post Covid public transport strategy.

Tough times. I’m in this now, plus NEX and SGC + a whole load of other Covid recovery shares that have taken an absolute hammering since 26 Nov. Hopefully, in months to come, it will pay off. GLA.

If you’ve been in this share for a year or two, you won’t be seeing positives right now. We’ve all made some poor purchases, I’m sure, but this one always has you believing it’s about to turn the corner, and reward your loyalty and investment. It just hasn’t delivered, and wears you down eventually; that was my experience. I hope those of you that swapped GSK for it do better than I fear and did with CEY.

I have a funny feeling PaddyBoy will be right, and drops will continue, but I haven't got the bottle to short it. I did buy it a few weeks back on the initial drop, and got some of the 'dead cat bounce', and took that profit. I re-entered this morning, but within 5 minutes realised that I was out of my experience zone, and it was continuing to fall, so the previous profit was cancelled by a crystalised loss this morning, when I got out, and decided sidelines were in fact the best place for me. Like PaddyBoy, I've been in Petrofac, and am still in, and that dropped very severely to levels previously beyond contemplation. Hopefully the trolls on that BB don't follow him across here, as they've spoilt that for those invested and interested in serious discussion/ debate!

@CaneToad
This was my thinking also, drift lower like Petrofac did, albeit share trading suspension is new to me, so I’m going to watch from the sidelines. My trades in it are about even overall, so in truth, I’m feeling fortunate not to be in it at present.

I’m assuming the doom and gloom mongers are holding short positions. The idea that this is going to tank ‘whatever the news’ is frankly beyond ridiculous. It’s hardly surprising some speculators lose their money, if they believe their own ludicrous hype. For the record I have topped up on Friday, and should it fall much further, will look forward to doing so again.

This share has dipped so much recently with negative Covid news. Feels like an opportunity for the brave, and I had some spare funds yesterday to add to existing CCLholdings, which I did; thus averaging down. Time to be patient now, and see whether the decision made yesterday in the dark of winter, comes home to roost in the spring, summer and beyond next year.

This share has dipped so much recently with negative Covid news. Feels like an opportunity for the brave, and I had some spare funds yesterday to add to existing TUI holdings, which I did; thus averaging down. Time to be patient now, and see whether the decision made yesterday in the dark of winter, comes home to roost in the spring, summer and beyond next year.

Jumped back in at last yesterday. Wish I had ever exited last year, as I knew the narrative on Uranium, but got greedy, exiting at circa 10% profit to go chasing Covid recovery shares, thinking I’d be able to come back in at circa 225, where I exited. Here for the long run now, and will top up if SP dips moving forwards. GLA.

Been in CEY. since summer 2020, first entering at 164, and averaging down ever since to 119. Was hoping for some uplift originally, with positive sentiment on gold, plus future pit wall stability issue resolution at Sukari.

I think I’ve been relatively patient, but last year’s positive sentiment on gold has not materialised over the months, as we head towards year end 2021, and the inflation hedge play just doesn’t seem to have kicked into play.

Whilst heavily invested in CEY, I found myself disregarding some of the negative press on gold, but come Friday, with other shares having dipped recently on Covid uncertainty, I bailed out of CEY, using the funds to re-enter Yellow Cake, and top up on IAG, TUI + CCL, on the basis the latter 3 should go up when Covid negativity starts to dissipate, and Yellow Cake, I should never have exited in the first place. CEY - I just wasn’t convinced had the ongoing compelling narrative, although I’ll be happy to be proven wrong, for those of you invested. Will continue to watch, and may well re-enter as and when gold does one of its shock, short, sharp dips, bringing the likes of CEY down temporarily for an hour or so. In the meantime GLA to those of you invested.

Topped up today. Hold and be patient, and the rewards should come in the months to come. GLA.

@quetta86
Most posters on bbs like this have an agenda to influence one way or another. Many of us read the posts so we can see some of the arguments for and against. If someone tells you a price is going to be £x by Christmas, that is about as useful as a prediction of a football score next Saturday. If someone is commenting upon something current on a company’s agenda, then that is an opinion that may be worth reflection upon, as to whether it is well informed, soundly based, relevant, and something that might affect SP.

What I have taken from this bb is that PFC, should be over it’s corporate governance issues, has raised the money to pay its fine, and a lot more for development, has a new management team in place and should have contract bidding opportunities open to it moving forwards, that were closed during SFO investigation. So what does that mean? - the chances of the SP improving look promising. When? - not certain; days, weeks, months - who knows? Is it a shorting opportunity? - wouldn’t seem to me to be on any level; therefore I’m long on it, and accept I will need to be patient. Day trading is very high risk, as the market doesn’t do what it is meant to in the short term. If it did, we’d all be loaded. Be patient, and it appears to me this should prove to be a good opportunity. DYOR - GLA.

@Chri55
Also bought back in at 70. Entirely pleased with the price. It was 85 when I sold out on Nov 5. I’m not wishing I held out, as compared to First, which is unmoved, it’s 20% down over same period. GLA.

@paul2566
I have a feeling you are correct and the FTSE will start regaining ground on Monday. I’ve opened positions on that happening yesterday PM, (having closed my shorts on it on Friday AM).

Now, of course the stock market rarely does as it is meant to, on a day to day basis, so if FTSE drops further, I will just happily keep topping up on my long position, (which I’m always more comfortable with than when I’m shorting anyway).

I don’t expect this Omicron variant to become a back to square one scenario, and I thought both the FTSE and DOW were too high prior to yesterday’s retracement, which is why I took rather large leveraged short positions on both on Nov 5. Interesting times for trading, that is for sure. GLA.