What’s your big gamble?

What’s your big gamble?

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Chris Type R

8,030 posts

249 months

Thursday 6th August 2020
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chrishumes1978 said:
Come on then...whats happening with AA and CINE??
For AA. you can read the offer price speculation here - https://uk.advfn.com/stock-market/london/aa-AA./sh...

BoRED S2upid

19,702 posts

240 months

Thursday 6th August 2020
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chrishumes1978 said:
Come on then...whats happening with AA and CINE??
CINE have replaced Babcock for the daily fk you CINE as they decrease every day!

dingg

3,989 posts

219 months

Thursday 6th August 2020
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chrishumes1978 said:
Come on then...whats happening with AA and CINE??
Cine is fked until people are allowed into cinemas ww en masse.
Aa. Is hampered by big business who want to have it cheap and stuff the shareholders, I'm hoping for 40p bid in a months time,I don't think it'll be much higher than that, the update on the 11th may put a rocket up its arse, who knows?

Still holding

500 Miles

Original Poster:

1,798 posts

226 months

Thursday 6th August 2020
quotequote all
dingg said:
chrishumes1978 said:
Come on then...whats happening with AA and CINE??
Cine is fked until people are allowed into cinemas ww en masse.
Aa. Is hampered by big business who want to have it cheap and stuff the shareholders, I'm hoping for 40p bid in a months time,I don't think it'll be much higher than that, the update on the 11th may put a rocket up its arse, who knows?

Still holding
I don’t understand the logic that the sp is being held back by big business wanting it cheap - I know the boards are full of these statements but I don’t understand them.

For a company the size of the AA and with the liquidity that their shares offer, in my naive view it should operate as a true market - supply and demand.

If the market makers pushed the price down people would buy all the shares they held, the mm’s might then sell shares they don’t own and would then have to bid up the price to fulfil orders thus losing money - I can’t see them doing that very often..

For a share with less liquidity, you sometimes have to call the house broker and ask them to raise the bid shown and hope it generates some interest on the sell side - in that scenario it’s possible to ‘manipulate’ the shareprice but don’t see how you could push the shareprice down. Ignoring spoofing and shorting etc,

The above makes sense in my head, although had a migraine all day so probably doesn’t make sense anywhere else smile

As to why the sp hasn’t gone up more.... I’m just seeing that as the market not believing an acquisition will be made at a much higher price point..

I’m holding... one of my bigger gambles.. LSE told me it was going to £1.50 - straight after the tree shake, I just need to stay in over the weekend and make sure no one steals my shares on the cheap. smile

rich12

3,463 posts

154 months

Friday 7th August 2020
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500 Miles said:
I don’t understand the logic that the sp is being held back by big business wanting it cheap - I know the boards are full of these statements but I don’t understand them.

For a company the size of the AA and with the liquidity that their shares offer, in my naive view it should operate as a true market - supply and demand.

If the market makers pushed the price down people would buy all the shares they held, the mm’s might then sell shares they don’t own and would then have to bid up the price to fulfil orders thus losing money - I can’t see them doing that very often..

For a share with less liquidity, you sometimes have to call the house broker and ask them to raise the bid shown and hope it generates some interest on the sell side - in that scenario it’s possible to ‘manipulate’ the shareprice but don’t see how you could push the shareprice down. Ignoring spoofing and shorting etc,

The above makes sense in my head, although had a migraine all day so probably doesn’t make sense anywhere else smile

As to why the sp hasn’t gone up more.... I’m just seeing that as the market not believing an acquisition will be made at a much higher price point..

I’m holding... one of my bigger gambles.. LSE told me it was going to £1.50 - straight after the tree shake, I just need to stay in over the weekend and make sure no one steals my shares on the cheap. smile
Make sure to put a really high sell order so the mum's can't use your shares too. laugh

jimPH

3,981 posts

80 months

Friday 7th August 2020
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Looks like a bad day for CINE...

AceOfHearts

5,822 posts

191 months

Friday 7th August 2020
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jimPH said:
Looks like a bad day for CINE...
I only have a small amount of money in them, but seriously considering doubling up to reduce my average share cost as its pretty painful to look at at the moment

Atanasoff

466 posts

46 months

Friday 7th August 2020
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Big article in the guardian about cinemas. Although some are positive it is clear people are staying away.

No new films means only the devoted will come. Mulan is body blow. Tenet is the key.

For CINE the US is still all but closed and the ones open are restricted to 25% capacity - even then they aren’t filling seats it seems.

I think we could see a sub 30p figure soon.

Meanwhile easyJet, Menzies et al seem to be undoing this weeks gains. Not a surprise with travel seeming to be punished - they clearly want everyone to visit over priced camp sites and over crowded beaches in the UK.

Feeling very annoyed on a number of levels this morning and share prices not helping. Off for a walk !

classicfred

379 posts

77 months

Friday 7th August 2020
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Decent RNS for Hikma this morning - sp up so far

Chris Type R

8,030 posts

249 months

Friday 7th August 2020
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Chris Type R said:
Probably going to regret it, but closed my position for +33% (2.4). Will re-buy if it retraces to 2.
Dammit SKIN.

500 Miles

Original Poster:

1,798 posts

226 months

Friday 7th August 2020
quotequote all
Right... we’ve reached the end of volume one..

Volume one helped us hone our strategies, the big money is made over in volume 2.

>> https://www.pistonheads.com/gassing/topic.asp?h=0&...


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