That was certainly a squeaky bum day and without any LSE chat to reassure me made it even worse!
The fact that this vaccine won’t be approved and rolled out for months and with cases continuing to grow around the world does not warrant a drop of 50% in one day!! Yes maybe a 10-20% drop off but that’s it. The fundamentals of this stock is still there; We are invested in a fantastic company with the best therapeutic in a phase 3 trial. SNG could still be a huge player in the COVID market and very profitable for any investors right now. I’m glad I trusted my gut today and look forward seeing this climb back to 150p over the next few days. I feel sorry for anyone who sold at the lows today :(
There is no doubt this will bounce back later today! Lets hope Rishi has some positive news for the markets shortly to give the UK stocks a much needed boost! An absolute bargain at this price IMHO. I've topped up while I can.
Been watching this for a while, waiting to buy in.... only just seen the lift off today! Doh. Question is, do i wait for a drop tomorrow or bite the bullet and buy in now?!
This was tipped last night in a big article as a solid long term investment. Buy price up to £7.50. I expect that has caused the sudden growth this morning. Nice!
Why so much interest in Cineworld?5 Aug 2020 00:10
So i'm new to looking at this share. Other than the fact it looks great value why is there so much interest? I cant see anyone wanting to go to the cinemas for months?? Can someone please explain why so much excitement? Thanks