Member Info for WingingItSince92

Just the fact that you are trying to make some poor souls on here feel like crap because they haven’t timed the market correctly makes me lose all respect for you.

No one can time the market perfectly. And the times it has happened to me personally has been a lot of luck. You can do all the research and reading you want - but if you’re trading off what you read on the news and you think that makes you great - well that’s a JOKE. By the time it’s on the news it’s TOO LATE.

There are people here who bought in @20/30/40. And others who bought in at 90/£1. And the rest of us (like me) who have been buying & selling in between. No one can predict the market during these times, to claim that is a joke.

You didn’t predict the fall - no matter how much you try and convince yourself of that. And no one here should feel bad about themselves for buying in when they did, if you had your reasons and they were valid - good effort!

Exactly. Thank you for proving your stupidity.

How many states are there? How many were in lockdown when you made those earlier comments?

How many have COME OUT of that lockdown?

How many have introduced “partial” lockdown again???

*double facepalm*

“If lockdown measures are re-instated....... (which in some states they are)”

Which states? Blithering id*ot. ....tell us please

Hahahaha so a 14 day quarantine in NY on several states out of the whole country means people are more frightened of Covid? Or that NY doesn’t want people from a state in the midst of their first wave.... what do you think......??? And the quarantine measures mean people will now be too afraid of the cinema?!!??? What?! Hahaha. Wow.

The reason is, I can’t hold your hand through every silly or just plain stupid point you make. It is, quite frankly, a waste of time.

But every now and again it is rather enjoyable.

reinstate
/ri??n'ste?t/
Learn to pronounce
verb
restore (someone or something) to their former position or state.
"the union threatened strike action if Owen was not reinstated"

I’ll wait for you to tell us which states have “reinstated” quarantine measure .....remember, there are 50 states .....

Oh, and if you’re suggesting PUBLIC OPINION is that Covid is scarier than what they thought last month - then you really are A FOOL! Hahahaha

Hahaha. You’re so far up your own a*se you can’t see who the “blithering idiot” on the forum is.

From 6 weeks ago, when there was NO opening date for cinemas - to now - can you tell me which states has RE-INSTATED quarantine measures? Go on son...do you understand the word re-instated.....please enlighten me....

Haha. You are the silly one investeriod, not him. You explain to me how public perception has changed since that post you wrote?

Things have changed, yes, they change every day. But how has public perception changed since you said cinemas will still have people going? You mention movie delays. Ok. But that doesn’t change public perception about Covid and going to cinema. So how about you explain why a few weeks ago you were saying people will go, but now you’re saying they are too afraid to go hahaha. Got nothing to do with the SP!

Whilst New York now has 18 deaths.

Big picture. Some states still in their first wave - New York was the worst hit just 2 months ago. If you honestly didn’t see cases spiking in states that had not been hit yet - there’s not much I can say. *facepalm*

“At the moment the positive case rate is just below 5% nationally, which is the level the World Health Organization recommends countries be at or below for 14 days before they ease restrictions on movement.”

Deaths too, have fallen, from their 1,000+ peak in April to 40 at the moment.

To put some perspective on things. It may get slightly worse, but markets bounced back then & they’ll bounce back again. Keep calm & don’t believe all the unbalanced doom & gloomers.

Hey man.

I didn’t initially invest in Cine when it was 18p due to debt. But now, I believe the situation has changed.

No cineplex, new liquidity secured, and management saying even if cinemas stay shut until early 2021 they are fine.

If they do stay shut until mid 2021 we’ll have bigger problems! Certainly, I will.

As always - do your own research too don’t just take my word for it :).

You thought cinemas make profit with 10% capacity? Hahahahahahaha. Oh my...

“FTSE 100 rises 100 points Fed's banking stress tests reassure investors New US coronavirus cases continue to rise
It is clearly, to use the stock market jargon, a “risk-on” day, with investors encouraged by yesterday’s results of the Fed’s banking stress tests.

The FTSE 100 was up 100 points (1.6%) at 6,247.

“After the close of trading in New York last night, the Federal Reserve issued the results of the banks stress test, and by and large they are in good shape,” reported CMC’s David Madden.

“When the central bank ran an extreme pandemic related scenario, a number of banks came close to the minimum capital requirement. Bank’s dividends will be capped at their current levels. Traders reacted well to the news and that has lifted the mood on this side of the Atlantic. The rising number of COVID-19 cases around the globe is still an issue, but dealers are ignoring it for now,” he added.”

If the FED keeps up their stimulus packages - this will shoot as it did earlier this month simply because equities & markets in general are being bailed out time and time again.

Very good point.

I have been out and about almost every other day since the 15th. I only notice 1 elderly couple. I believe that demographic has a very real & understandable fear of the general public due to corona. But as people have rightly said, they are almost never the ones at the cinema.

There is a lot of fear holding this Sp back today. FTSE 100/250 both up and CINE moving sideways. I find that interesting - we are getting bucket loads of new information every day about the pandemic. In my estimates, US numbers will start to ease of their massive increases in the next week or so. That I believe will remove a lot of the fear.

The markets are bouncing off the support at the moment 2855 / 3155 lower / upper ends. But as I’ve said I have my positions in this and my next top up is 64.9~.

The last couple of times this SP shot up - it shot up an insane amount - I don’t want to miss that. Got it once, missed it 4 times haha. This will make it 2/5 at least

I can tell you what I won’t be doing - unrelated to SP - but a funny story. VUE in Shepherds Bush was overflowing last year so no screen was available for over 3 hours.
We decided to try their “VIP” service which was offered to us with a showing in 20 minutes (10% full). We said sure why not - I believe it’s called “Select” or something. I thought how much more could it be.

With our snacks it came to just under £60!!!!!!!! Never again. Due to ego issues it was too late to back out the deal then and I reluctantly had to stick in my little piece of plastic & type those 4 magic numbers. *cries internally*. Painful memory.

I don’t know why you suggest the numbers *may* not be there. The comment does not even warrant a response - just look outside (if you live in London). Protests / beaches shopping centres. I was in Westfield yesterday and speaking to the cashier lady at Bershka (mrs shopping, me paying) - she said in her 1 year (short time, granted) at the job this has been the busiest week.

Again, it depends simply & only on gov regs. Beaches were empty end of March. Yesterday there was a “major incident” at Bournemouth. Has the virus had enough of the seaside air? No. The gov has simply allowed people to go - and socially distance. Which they weren’t!

Cine said average 50% cap is all they need. If you’ve ever been to a cinema in a major city you will know it is very rare to see screens less than 50% full. And that’s when you can go whenever you fancy it. At the moment with clubs / holidays off the table (for now) - people will flock to the cinemas.

So long as I don’t get called in to work. I will be there the day after they open (let them iron out the details on the first day) I don’t really care what I am watching. As I’ve said, me and the Mrs and many other couples we know go 2-3 times / month regardless. I have watched some absolute shockers. But the experience is what counts. How many blockbusters come out each year? If that’s the only time people went cinemas would be deserted for most of the year!

To think people won’t return to the big screen shows a complete lack of understanding.
I bumped into a Delta crew last week whilst in the US. They had flown a domestic sector from LA. Every single seat was occupied.

It’s not a question about what people will do - it’s about what the Gov’s allow them to do. People will fly people WILL go to the cinema. The only part of the world this is untrue is the Far East where the fear of Covid is unreal. The UK and US populations have very little fear of Covid, if any.

Faileriod posting articles about movie delays is futile - everyone knew that was going to happen.

“Chalk this one up as the least surprising news of the week, but it looks like Christopher Nolan's TENET won't be making its July 31st release date” ....by the articles own admission, this isn’t news. Anyone with any understanding of anything would have known this was inevitable.

Akorn 20p? When do you predict that? Will you be buying at 20p? Haha lol.

Trading, by its very nature, is far more risky than investing. If you still believe in the fundamentals of the business then there is no reason to sell your investment. If you want to trade, it is a different story.

I think the overall situation is summed up by just saying this -
- if you believe CINE will survive, hold / top up - you WILL make money. (Don’t know when - next week, next month?)
- if you believe CINE will fail as a business - sell.

The world needs to reopen - it is impossible for it to stay shut much longer - hence the desperation amongst politicians.

Planes will fly - will they ban cinemas and allow you to fly? No way. As domestic & cheap entertainment goes - cinemas are top of the list. As the second largest cinema chain in the world, they had a lot of debt. But that looks a LOT more secure now with cineplex binned and more liquidity overall.

My position on this isn’t huge, but I have been topping up for every 3p it drops. I have seen it nearly double over a couple of days, and so I won’t be risking missing out.

A few weeks / a few months = very short time frame investing wise. Don’t stress about it too much mate, if you believe in the business - go and enjoy your day!

Haha! Imo. He’s a twat....imo