I’m tempted to buy a few to dilute my early losses. I bought when they were 20p and like an idiot chickened out when they bankrupted in the US. Still kept a few for s&g and that’s now paying off.
I’m not sure I would buy anymore. I first bought in at a £1 post covid on the promise of delayed blockbusters and while I lazed in bed it plummeted. I then took another chance at 20p that it would rise and it plummeted to 2p.
After much, much day trading where the up and down spikes were like a fibrillation graph and FS isn’t instant pricing updates, managed to avg 2.43p and have thankfully regained all my money and some grievance reward.
To go through that again… lol
Im in,fortune favours the brave
I feel your pain, I really only play the shares to keep me busy. And I’m only talking beer money (quite a lot of beer admittedly) so I’m in for a few hundred more. Just for S&G as I said.
Interesting rise over past few days!
Waiting for a miracle !
I wouldn’t be surprised if, right now, CineWorld shares are being prayed upon by big institutions to move/trade/swing large amount at a time
Luckily sold out my last couple of hundred pounds worth @ 0.065 before it slipped away.
If it drops as far at .02 again then I may consider.
Talking of beer money, I started putting a tenner a week in here instead of throwing it away on the lottery - I have holdings in L&G and iShares UK Dividend for the income (long term strategy) and money in cineworld and HeliumOne as my rollercoaster funds - check out HeliumOne if you’re not already in it
Have i got this right “you guarantee”?
“short sellers betting against the stock will have scrambled to buy Cineworld shares to close out their short positions. This will have pushed the share price up even higher.”
Just an example of why you shouldn’t guarantee anything to do with the stock market.
I must admit i did better than all of you, i never invested in the first place!!
Well, I can “guarantee” that a few people invested in Cineworld and made money on it.
Very good. Good retort.
The stock market involves a certain amount of luck. Investing in Cineworld post COVID was in my opinion just gambling.
I would not invest in Cineworld before COVID because of the amount of debt they took on. I was following what was happening in the company before COVID so not hindsight. Not just my opinion either, the stock market “pundits” were saying it as well (to much debt) and sometimes there right!!
Looked like hard work having to keep an eye on the price all the time
What the hell has Black Panther 2 got to do with anything!
Looks like we have rampers in the room. Be careful ppl . Especially if they joined 1 day ago
Well Black Panther 2 has been out a while, where are my millions?
Ha! One film wonders. Don’t think so. I’ve been well down since first investing. Be years, if not decades till this recovers if ever at all.
Is it true vue are buying them in march
No idea, maybe someone else will know. That said, i’d be interested to know what happens to our shares if they do acquire cineworld. If anyone could explain the various scenarios… might help make a decision whether to bail (at a loss in my case) or hold tight. Thanks.
Most likely scenario you will be given shares in the acquiring business or you will be given cash, or a combination of both.
Depends on the deal.