Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Thats probably why he used the words 'I think' rather than 'I am certain'. Definitely a deramp in your comment there Indebt
That's the Maximus I wanna see
With any given share on a downward trend such as Cine, I nearly always find hope builds over the weekend. I think this is in part due to not watching those red numbers growing, and no longer having to endure that graph dip, hour after hour, such as we all did Friday.
Either way, as much as I'm looking long term here I'm still really intrigued by the opening hour tomorrow, largely because Friday was so shocking. I've gone backwards and forwards in my head. Could what was only recently considered unthinkable happen and we approach the 30s? Could we even get sent a dummy with a tree shake? Will it maintain a similar level while we await the next big news? Or is that 45p going to get a bounce out of the bucket (a term only I use to say a bounce off the bottom) due to potentially being over sold?
Going back to my opening statement, even bearing 'weekend share mentality' in mind, was there a corner just slowly starting to turn in the last 48 hours, is this where it began to change? There's undoubtedly some rubbish days ahead still, but there will come a time when sentiment will change. Picking when, is the difficult bit.
As ever, time has all the answers.
TheOrms
Without major news between now and then, I don't personally see this reversing its downturn in a matter of a few hours. Other than whats already been spoken about there also has to be some consideration for something we don't know about coming to light, in terms of why it fell so heavily.
All that being said I would guess it could climb a little though for sure, mainly due to couple of snippets of good news and the sheer appeal and lure of the current price. I'm going to have an absolute stab at settling much of the day around 47-48p
To be honest I probably agree Moola. Dont think it will make a major SP difference but seeing UK opening brings assurance to me as an existing investor, therefore that must apply to those who aren't currently invested. It will be interesting to see the SP response. This is all all short term though I would suggest, and either way not overly significant in the bigger picture
Look no further than Greggs, more of those than McDonald's in this country.
Currently trading at its lowest since the March drop and every single one of there 2000+ stores are now open. Unlikely magical move coming on 31st.
Market fears uncertainty. Our uncertainty lies in USA corona cases, blockbuster releases and a law suit. Bear market in general adds to this. Giving us the quite unbelievable 40s.
However, as a man of the scientific cloth, fixating on a 2nd wave is currently unfounded. Of course science must always adjust its views based on observation. But right now if fearing a 2nd wave, consider that no individual I'm aware of has reported being repeatedly infected (7 months after the first case), furthermore the first wave is apparently infecting tens of thousands a day. Add to this the distance/hygiene measures in place are so far beyond anything in history (read up on the Spanish flu). I will stick my neck out and say a 2nd wave is currently at best hypothetical, and far from definite.
In the name of balance my worry would be the government/ media being oversensitive/cautious to a relatively small increase in cases in future months.....but genuine 2nd wave, not convinced at this stage
Hate to be boring but predicting SP accurately short, medium or long term is really tough. On top of that it's really difficult to consider unforseen circumstance. How many saw a worldwide pandemic coming this year? Conversely CW could sign a billion dollar deal with Netflix over the weekend for all we know. On top of that, the wider market sentiment, which can at times be illogical, will always play its part.
At the moment I feel like we are in the middle of a bear market in general, and CW is one of the companies getting the brunt with its additional legal case and blockbuster release uncertainty. Apple with its 190 billion dollars cash readily available (couldnt be more rock solid) was at $358 at one point tonight, this was trading near $400 only a couple of week ago.
If the ducks line up (catch phrase of the week), and the bulls go running it could happen in no time because we are so heavily discounted.
So in short: October 23rd :D (based on seasonal trends, reduced corona cases across the world, no significant 2nd wave, successful vaccinations passing stage 4 of a clinical trials)...and because I fancied a punt
Opening in the UK is factored into the price I would suspect....amazing as that sounds. It will make minor difference if any at all
Many Nasdaq companies dropped in a similar fashion in March and.....you know the script.
I find it almost amusing and somewhat illogical to excessively debate with anyone on any given point, time has all the answers. You'd think we were investing with each others money and not our own. It must be something related to subconscious seeking of validation of decisions.
If we go up 10% I don't consider the market to have spoken, just the same as if it goes down.
Short term noise. Level headedness always.
The psychology of why people shop and go to the cinema will be fairly comparable. We will however need bigger films to be released to get the major crowds and profits back in.
I think we are getting away from the fact the USA is not going to keep hitting 70k cases a day, this will come down, things will return to normal. Just not today.
Nothing like an Investroid exit to cause a stir! Thought that stop loss would be in and around the 51's, as soon as I saw the headline I knew what was coming. Fairly humble and magnanimous in nature too.
A shrude, well articulated, stubborn and polarising investor, clearly, however, no need to jump all over his reasoning. Exiting means he felt he was wrong to enter.....due to changing circumstance.....nothing to say the exit won't be wrong...due to changing circumstance. I for one am not writing off the rest of this year, look at where we were 2-3 months ago and compare that with the fact sporting events with crowds are being discussed later this year.
By the way I would guess if you argue with Investroid its only gonna make him post more of the corona articles etc. Your calls though of course
I know what you mean mate.
Either what you describe will happen, or worse, you drop a larger amount on 52 to make your 10% on a rise to 57, but instead of that happening, the SP decides to drop into the 40s for the first time in an absolute age!
So its the only one I've used, no basis for comparison. The fees are low compared to what I've seen.
For sure I would say Its great for American/Dow/Nasdaq trades, literally 50p a go. I do like to invest in several smaller trades in case of pull back, so whether this price increases with larger trades e.g. 5 figures, I wouldnt know
No mate, just a small few hundred quid top up, I just wanted to be part of the 52 club if I'm honest :D. Ticked the avg slightly down too
Degiro mate
And amazingly about 2 mins later it went through. Never saw it go sub 53
I've set a buy at 52.9, think its a tight call
Change of tone Indepth, at a poor attempt to show condescension you actually demonstrated aggrevation/annoyance in your writing. Maybe its the stick your getting?
Also, where before there was maybe a small almost straw clutching argument that you were trying to bring balance to a board (where your effort comtinues to baffle) you are now showing blatant bias.
Massive emotional investment but no monetary one. Makes perfect sense mate....in no way whatsoever.
Properly laughed at that, brilliant that Moola