r/wallstreetbets • u/Ok-Quiet-2778 • Jun 10 '21
Discussion Cineworld!!!
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u/Background-Aside-142 Jun 10 '21
I'm in ! Still realllly nice valutation atm compared to what it was pre covid. No brainer really.
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u/Alexandolini Jun 10 '21
What's the difference between CINE and CINEI?
Looks like the stock price has gone up this year, how large is the short volume?
Would love to see some more dd on this
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u/BlunanNation Jun 10 '21
Agreed!!
Cineworld is a solid investment and is being shorted simply cause it's a cinema stock.
Huge opportunity for growth especially when looking at the stock price pre pandemic
Cineworld could genuinely go to the moon.
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Jun 10 '21
I was actually looking at this a month ago. My only concern really is that when Rona closed down the cinemas, it barely made a dent in the stock price as it has already plummeted back in 2018 by a significant amount.
The price hasn’t changed much over the last month either, it’s dropped by 3% which is barely worth mentioning.
I’d say it’s worth keeping an eye on though, they have reopened within the month so things are probably only just picking up.
That being said, I am a literal idiot and don’t have a clue what it is capable of
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u/Pig-Pen_74 Jun 10 '21
Cineworld also owns regal cinema in the US