What’s your big gamble? (Volume 2)

What’s your big gamble? (Volume 2)

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greggy50

6,180 posts

192 months

Tuesday 11th August 2020
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greggy50 said:
Actually making a profit on CINE now after I averaged down last week up over 30% today wow
Now up 50% wow

Atanasoff

466 posts

47 months

Tuesday 11th August 2020
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The market is nuts - just over a week ago I was at at £2,500 loss in total (sorry, realise I am small fry) and that pays for a nice holiday.

Thanks to buying back into BOO and CINE at just the right time by the looks of things I have just a paper profit of £500.

Kicking myself that I don't have pendulous balls like some here. I stuck £1K into my 212 account this morning but only bought £500 of CINE. Arrrggghhhh.


What happened? Just fell by 20% in a second !!!!!

Edited by Atanasoff on Tuesday 11th August 12:24

Timja

1,922 posts

210 months

Tuesday 11th August 2020
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AA broken 40p, not sure how much more it can keep going.

Fantastic to be reminded of the days of early summer when things were soaring.

AA, restaurant group and cineworld all having a great couple of days.

I’m sure it’s only a matter of time before the dream is over though...

ferrisbueller

29,377 posts

228 months

Tuesday 11th August 2020
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Luke. said:
60% now.
As I said the other day, it has doubled in a day in the past.

Luke.

11,028 posts

251 months

Tuesday 11th August 2020
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ferrisbueller said:
As I said the other day, it has doubled in a day in the past.
Seems to be falling away slightly now though.

Hitch

6,107 posts

195 months

Tuesday 11th August 2020
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timber!

CaptainSlow

13,179 posts

213 months

Tuesday 11th August 2020
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ferrisbueller said:
Luke. said:
60% now.
As I said the other day, it has doubled in a day in the past.
coming down now, just wiped the last 15 minute gains...good job I didnt spend it.

Meeten-5dulx

2,610 posts

57 months

Tuesday 11th August 2020
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Made a mistake in selling out Dignity... big rise today.
Still a positive day so shan't complain.

ferrisbueller

29,377 posts

228 months

Tuesday 11th August 2020
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CaptainSlow said:
ferrisbueller said:
Luke. said:
60% now.
As I said the other day, it has doubled in a day in the past.
coming down now, just wiped the last 15 minute gains...good job I didnt spend it.
Some folk are banking some nice profit.

greggy50

6,180 posts

192 months

Tuesday 11th August 2020
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Guessing someone must have offloaded a load at 65p which mad it sink back down.

I am holding out for £1.00 a share and aiming to double up...

ferrisbueller

29,377 posts

228 months

Tuesday 11th August 2020
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greggy50 said:
Guessing someone must have offloaded a load at 65p which mad it sink back down.

I am holding out for £1.00 a share and aiming to double up...
Per my questions above, I don't understand the shorts game. The data still shows big holdings but is several days out of date and suspect some have reduced or closed.
Possible a price gets run up by the same parties to cover a loss.

I bought in as a long term thing. All this bouncing about is an education.

Chris Type R

8,067 posts

250 months

Tuesday 11th August 2020
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Timja said:
AA broken 40p, not sure how much more it can keep going.
With 3-4 competing names in the mix, the threat of AA being able to refinance their immediate debt cheaply, and the share price being a small component of the overall buy price, there must be people taking a view that 40p is to be viewed as a *minimum* takeover offer.

I Love Cake

2,941 posts

172 months

Tuesday 11th August 2020
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greggy50 said:
Guessing someone must have offloaded a load at 65p which mad it sink back down.

I am holding out for £1.00 a share and aiming to double up...
I was just wondering why my nice gain almost vanished in a flash.

The variables in the market are equally fascinating as they are frightening.

greggy50

6,180 posts

192 months

Tuesday 11th August 2020
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I Love Cake said:
I was just wondering why my nice gain almost vanished in a flash.

The variables in the market are equally fascinating as they are frightening.
Indeed, I cant claim to understand it as I only started trading due to COVID-19 and coming across this thread whilst bored...

Its made me a few £ and given me a hobby so wont complain. I struggle not to be doing something so this whole lock down period has been difficult for me despite me still working full time.

petemurphy

10,138 posts

184 months

Tuesday 11th August 2020
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just got in - wow look at cine and everything else normal up - which is annoying when i mostly have pharma which tends to go down when ftse goes up! surprised cine didnt get a speeding ticket - was there any reason for the rise today bar its tuesday?

rsbmw

3,464 posts

106 months

Tuesday 11th August 2020
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petemurphy said:
just got in - wow look at cine and everything else normal up - which is annoying when i mostly have pharma which tends to go down when ftse goes up! surprised cine didnt get a speeding ticket - was there any reason for the rise today bar its tuesday?
You seem to be confusing CINE with an AIM share...

ferrisbueller

29,377 posts

228 months

Tuesday 11th August 2020
quotequote all
petemurphy said:
just got in - wow look at cine and everything else normal up - which is annoying when i mostly have pharma which tends to go down when ftse goes up! surprised cine didnt get a speeding ticket - was there any reason for the rise today bar its tuesday?
1. fkery
2. There was a ruling in the US yesterday that removes some of the limitations in the industry in terms of who can own what. The big studios can now buy cinema chains. So there's some takeover hype here, too.

petemurphy

10,138 posts

184 months

Tuesday 11th August 2020
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rsbmw said:
You seem to be confusing CINE with an AIM share...
ha after i posted that i suddenly thought actually its a real share not one of my gambles! just jealousy that when mine shoot up a speeding ticket brings them back down! why the rise?

petemurphy

10,138 posts

184 months

Tuesday 11th August 2020
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ferrisbueller said:
1. fkery
2. There was a ruling in the US yesterday that removes some of the limitations in the industry in terms of who can own what. The big studios can now buy cinema chains. So there's some takeover hype here, too.
ah that will do it as i am hopefully finding with AA!

anonymous-user

55 months

Tuesday 11th August 2020
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Meeten-5dulx said:
Made a mistake in selling out Dignity... big rise today.
Me too. When the pandemic was full on the share priced crashed. When pandemic part 1 is over the share price increases. Surely pandemics are good news for funeral companies. Anyway I missed out on todays rise.

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