Post by
rexrex on Jun 18, 2020 11:34am
Cineplex
Betting against cineplex is betting against the movie industry and betting against Canadian consumers. In general you are betting against humanity.
If you think the movie industry (Hollywood) will go bust, then go ahead sell. If you think that the Canadian Consumer and humanity will go live under a rock for thousands of years, then go ahead and sell.
In my opinion, this is an opportunity, Cinepleax will come out ahead through this crises. Remember, nothing lasts forever, this pandemic will eventually pass.
Comment by
Dogster on Jun 18, 2020 12:18pm
People will fly again, they will go on holidays again, they will shake hands and hug again and they will go to theatres again.
Comment by
YoungMoneybaby on Jun 18, 2020 12:38pm
You guys got the blinders on to the big issues. This is not the same as all the other market down turns. You got covid, stock market bubble, mounting consumer debt, and shrinking GDP. Consumers will shift spending over the next few years to saving, and to top that they will live in fear of covid till a cure comes.
Comment by
Frederic on Jun 19, 2020 5:27pm
And people will buy overvalued stocks like cineplex _AGAIN!
Comment by
Tommy123 on Jun 18, 2020 12:38pm
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