What’s your big gamble? (Volume 2)

What’s your big gamble? (Volume 2)

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anonymous-user

55 months

Tuesday 11th August 2020
quotequote all
What a difference a day makes!

I should really learn from all the other peaks in the last few months when I have been deliriously happy and sell sell sell as it'll all tumble tomorrow.

petemurphy

10,138 posts

184 months

Tuesday 11th August 2020
quotequote all
MikeStroud said:
What a difference a day makes!

I should really learn from all the other peaks in the last few months when I have been deliriously happy and sell sell sell as it'll all tumble tomorrow.
so you're not selling then wink

anonymous-user

55 months

Tuesday 11th August 2020
quotequote all
ferrisbueller said:
Luke. said:
CINE having another storming day.

Quick question, on the LSE boards everyone keeps on saying wait til the next rise at 2.30pm when the US opens up. But surely this makes no sense, as they can buy at exactly the same time as us, when our markets open at 8am?
Correct. Much of what is written on those LSE boards is dogst.
I suspect the Americans prefer to buy the CINE share listed on NASDAQ (I think) CNWYG. That way they buy/sell in dollars so avoid currency fluctuations. Same reason I stick to the UK markets as I can't cope with currency fluctuations as well as sp and spread fluctuations. CINE is dual listed.

Fingers crossed re a lift for CINE in the US and fingers crossed a studio wants to buy them.

anonymous-user

55 months

Tuesday 11th August 2020
quotequote all
petemurphy said:
MikeStroud said:
What a difference a day makes!

I should really learn from all the other peaks in the last few months when I have been deliriously happy and sell sell sell as it'll all tumble tomorrow.
so you're not selling then wink
I did say I "should" learn.... No doubt I will learn the lesson for the 3rd time when they all crash again tomorrow.

My share dealing personality is "greedy bstard".

breadvan

2,007 posts

169 months

Tuesday 11th August 2020
quotequote all
FOMO is kicking in hard for me today. Well done to all!

I fancy a punt this afternoon, is there anything left?

Maxf

8,411 posts

242 months

Tuesday 11th August 2020
quotequote all
breadvan said:
FOMO is kicking in hard for me today. Well done to all!

I fancy a punt this afternoon, is there anything left?
I fancy John Menzies (he’s done well out of corner shops hasn’t he wink ). Up today but still a way to go potentially. I’ve got IAG though so a bit airliney if I’m not careful. That’s less of a quick punt though tbh - I’m trying to dilute my penny share gambles.

egomeister

6,717 posts

264 months

Tuesday 11th August 2020
quotequote all
ferrisbueller said:
egomeister said:
ferrisbueller said:
I've been out or I would have topped up earlier this morning. I'll keep an eye on it.

I am intrigued as to how these shorts, circa 9% total, are going to close out. They're going to be climbing over each other to get out.
The US opening date looks like an obvious milestone but who knows.
I doubt they are worried if they believe it's a zero
Are they still betting on zero?

Genuine question.

The short tracker is still showing 8.75% (data will be a few days off reflecting reality)
No idea really, it's not something I've looked into deeply - all I know is it has a massive debt obligation and revenue recovery is still up in the air so I can see a solid argument for failure!

When did the shorts start building their positions?

Chris Type R

8,067 posts

250 months

Tuesday 11th August 2020
quotequote all
breadvan said:
FOMO is kicking in hard for me today. Well done to all!

I fancy a punt this afternoon, is there anything left?
GGP for a gamble (slightly cheaper today). Personally I think IDP is cheap.... but I've held it for some time without any great gains, so not sure I'd recommend it. Possibly MNG if you look at the trend on a chart.

Luke.

11,028 posts

251 months

Tuesday 11th August 2020
quotequote all
breadvan said:
FOMO is kicking in hard for me today. Well done to all!

I fancy a punt this afternoon, is there anything left?
CINE's still worth a punt. Got a long way to go yet.

And it's still below my average of 58p. Just.

breadvan

2,007 posts

169 months

Tuesday 11th August 2020
quotequote all
Thanks all for your ideas.

I’ve gone into popcorn at 54p.

TCX

1,976 posts

56 months

Tuesday 11th August 2020
quotequote all
JustinF said:
how's everyone's mood today? smile

Green across the board biggrin
Happy day/week,dumped last of orcp....£3k loss on last lot,all into eua,averaged up ridiculously,but more interested in number of shares hopefully when sale time comes
Everything well in blue 10-190% ggp,emh,avct,orph,tils,rld still suspended
Sitting on hands for a bit now

ferrisbueller

29,377 posts

228 months

Tuesday 11th August 2020
quotequote all
egomeister said:
ferrisbueller said:
egomeister said:
ferrisbueller said:
I've been out or I would have topped up earlier this morning. I'll keep an eye on it.

I am intrigued as to how these shorts, circa 9% total, are going to close out. They're going to be climbing over each other to get out.
The US opening date looks like an obvious milestone but who knows.
I doubt they are worried if they believe it's a zero
Are they still betting on zero?

Genuine question.

The short tracker is still showing 8.75% (data will be a few days off reflecting reality)
No idea really, it's not something I've looked into deeply - all I know is it has a massive debt obligation and revenue recovery is still up in the air so I can see a solid argument for failure!

When did the shorts start building their positions?
Obviously fluctuates but they reduced from almost 15% to 3% in February, Start of June they built back up to almost 9% and some were still increasing as the share price was dropping through end July, early August. I've been checking every day but no big changes reported yet.

I was assuming they were betting on failure to meet debt covenants, a second wave lockdown in the US (or anything else that delays US reopening).

Cineworld themselves have delayed Q2 results update until next month, I guess so they can reflect some decent revenues.

anonymous-user

55 months

Tuesday 11th August 2020
quotequote all
Luke. said:
CINE's still worth a punt. Got a long way to go yet.

And it's still below my average of 58p. Just.
My average is 53p and it's at 52.5p now. COME ON CINE you can do it, I've been staring at a £6k loss for weeks, please go green !

ferrisbueller

29,377 posts

228 months

Tuesday 11th August 2020
quotequote all
MikeStroud said:
ferrisbueller said:
Luke. said:
CINE having another storming day.

Quick question, on the LSE boards everyone keeps on saying wait til the next rise at 2.30pm when the US opens up. But surely this makes no sense, as they can buy at exactly the same time as us, when our markets open at 8am?
Correct. Much of what is written on those LSE boards is dogst.
I suspect the Americans prefer to buy the CINE share listed on NASDAQ (I think) CNWYG. That way they buy/sell in dollars so avoid currency fluctuations. Same reason I stick to the UK markets as I can't cope with currency fluctuations as well as sp and spread fluctuations. CINE is dual listed.

Fingers crossed re a lift for CINE in the US and fingers crossed a studio wants to buy them.
OTCMKTS: CNNWF?

Is it actively traded there?

I can sit and watch something like Carnival on both sides, live, and have historically tracked the relationship between the two. I don't seem able to do that with Cineworld.

Meeten-5dulx

2,610 posts

57 months

Tuesday 11th August 2020
quotequote all
MikeStroud said:
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.
I mentioned befor that this was my hedge on pharmas that don't make it.
It worked out well, having got in at 270 and out at 330.
Whilst I shouldn't be looking at it any further, today's massive rise popped up and now I'm kicking myself for having sold out too early.

Seems that when I do take heed to the 'bank profits' mantra, the price continues up. When I don't (unicorns, gold mines), then there is an erosion of the SP and I am left with a big red marker.

Now, what price to exit AA and CINE .... ?

vulture1

12,327 posts

180 months

Tuesday 11th August 2020
quotequote all
Well I'm having a mare of a day, Was still sitting at 20% up into this week but I am heavy ish into the mining companies and Pan african has tanked 10% as well as Novavax at 10% so far down as well.

To add insult to injury I too had cine at 56p then a nice average down to 48p from last weeks lows and read about the sort time between film release and pay tv release so thought it would go lower. Sold it for £100 loss and then watched today go mental and finaly saw the news about the US opening up ownership options on them.

So bought back at 53p and moved the stock to my self titled "don't even think about selling" folder which stops me from trying to be clever with it.

My other really good long term holds and dividend shares are doing good ranging from up 4%-16% which will mean even better dividend rates in the future. They can't keep the overall balance up today as they are slow and steady (and probably what I should be doing more with)

ferrisbueller

29,377 posts

228 months

Tuesday 11th August 2020
quotequote all
https://www.bbc.co.uk/news/world-europe-53735718

Mad rush for a Russian "approved" vaccine, anyone?

No, me neither.

T5SOR

1,996 posts

226 months

Tuesday 11th August 2020
quotequote all
ferrisbueller said:
https://www.bbc.co.uk/news/world-europe-53735718

Mad rush for a Russian "approved" vaccine, anyone?

No, me neither.
What’s their ticker?!?!?

vulture1

12,327 posts

180 months

Tuesday 11th August 2020
quotequote all
ferrisbueller said:
https://www.bbc.co.uk/news/world-europe-53735718

Mad rush for a Russian "approved" vaccine, anyone?

No, me neither.
In soviet Russia vaccine kills you.

vulture1

12,327 posts

180 months

Tuesday 11th August 2020
quotequote all
T5SOR said:
ferrisbueller said:
https://www.bbc.co.uk/news/world-europe-53735718

Mad rush for a Russian "approved" vaccine, anyone?

No, me neither.
What’s their ticker?!?!?
KGB

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