Sell Cineworld Group (CINE) by Gary Newman in ShareProphets CLOSED

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  • Performance

    96.47%

  • Price at start

    66.48p

    (bid)

  • Price at close

    2.35p

    (ask)

  • Tip made

    25/03/2020

  • Tip Status

    Closed

    27/03/2023

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Tip Notes

"...There is of course always a slim chance that another player could be interested in acquiring it at a knock-down price, but I see that as extremely unlikely in the current climate, and with anyone in this sector also suffering a big downturn and looking to preserve cash....So for me, it looks like a very good shorting opportunity from the current share price level, especially given that it has seen a sizeable bounce in recent days." - Gary Newman, ShareProphets

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