$CINE Up +51% for the Month
Spec Positions Update
Cineworld is up on the acquisition speculation as the theaters rebound this year. This spec still has some legs with a tight stop loss for 25% of the investment. For the more venturous - let it ride.
Spec the Middle East
Money coming out of the middle east to buy content assets is a great thesis. Both MANU 0.00%↑ and WWE 0.00%↑ will always catch a bid at intrinsic value. The ability to privatize these businesses or to link them to strategic buyers creates many outs for investors.
Spec the market
I tried to be fancy and take a short position - even with a long bias. We are in a stock market bull market with sector leadership swapping.
The S&P is going 5000.
We have a ton of other analytics and recommendations to release soon.