RE: Studios Rewarded For Delaying Movie Releases1 Jul 2021 08:16
As i said yesterday, this share is totally being played by the MM's and the Shorters... maybe there pushing for as low as they can get before the next set of results, or maybe they are squeezing all the juice out before the UK fully re-opens... or maybe both.
The doors are open for Cine, and restrictions are about to be lifted fully in the next few weeks. Yes the football is on, so this will affect how many people go to see a movie, but this company will recover (even if its a bit slower than most hoped)
Just look at everything else in the UK.... Wimbledon is on, concerts and comedians like Ricky Gervais are being booked up in venues across the country with dates running into the winter months and into 2022.
The world is opening back up folks, but you will just need to wait a bit longer before you see your returns from Cine...
At the current share price, and like many others i'm sure... i'm also in the red....
but I'm seriously considering Doubling Down :o)
Good luck all, stay strong and buy popcorn.