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first_imgCineworld shares have soared. Have I missed the investing opportunity of a lifetime? See all posts by Paul Summers “This Stock Could Be Like Buying Amazon in 1997” Like much of the London market, Cineworld (LSE:CINE) shares have jumped in value over the last few days, thanks to great news on a potential vaccine against coronavirus. Might my hitherto bearish stance on the cinema operator actually turn out to be the biggest mistake of my investing lifetime? Well, let’s start by looking at a couple of reasons to be optimistic that people will flood back to the silver screen. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Cineworld shares: reasons to be cheerfulFirst, there’s the novelty effect. Convenient as streaming services such as Netflix and Amazon Prime are, holders of Cineworld shares will surely argue that there’s nothing quite like watching the latest blockbuster in all its visual and auditory glory. Having endured two lockdowns, a trip to the cinema will almost feel like a new experience, in the same way as taking a holiday abroad might.Second, we know there’s a truckload of blockbusters on the way. New Bond and Batman films, the Top Gun sequel, Wonder Woman — the list goes on and on. And, make no mistake, film studios will be chomping at the bit to ‘green light’ productions once it’s safe to do so. Based on the above, demand for cinema tickets looks set to increase. However, we need to put things in perspective.Awful investmentFor one, we’re not out of the woods yet. Distributing the vaccine will take time and patience is not something many in the market are blessed with. It is, therefore, quite possible that Cineworld shares will resume their downward descent as people get bored, bank profits and seek out their next target. The number of traders still betting against Cineworld also needs highlighting. Even after this week’s stonking price action, the company remains the most shorted stock on the London Stock Exchange. One reason for this enduring pessimism is the shocking state of its finances. To be clear, Cineworld’s problems extend far beyond simply selling popcorn and getting ‘bums back on seats’. With a huge debt burden, it seems likely it will seek more cash from its owners at some point. To paraphrase top fund manager Terry Smith, I prefer companies that pay me rather than the other way around.And that jump in the share price? Go back to the beginning of 2020 and Cineworld shares were trading at 220p a pop. Regardless of this week’s move, it’s still been a staggeringly bad investment for loyal holders. Steering clearNow, I don’t doubt it’s still possible to make money from Cineworld shares over the next few months. In the absence of a crystal ball however, this will surely depend far more on luck than anything else. Right now, Cineworld’s a gamble, a ‘punt’. This isn’t the Foolish way.Nope, we see investing as a long-term pursuit. We’re focused on buying great companies at decent prices and holding them ‘forever’. Even when they get in a sticky spot — and all businesses will — we’re confident they’ve the products or services, growth opportunities and financial firepower to recover.As someone still struggling to put Cineworld in this camp, I’d encourage prospective buyers to look beyond the share price. Instead, look at the underlying business. Is this something that’ll thrive for years to come? I still need convincing. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Paul Summers | Thursday, 12th November, 2020 | More on: CINE Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!center_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Image source: Getty Images Our 6 ‘Best Buys Now’ Shares John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Paul Summers has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended Amazon and Netflix and recommends the following options: short January 2022 $1940 calls on Amazon and long January 2022 $1920 calls on Amazon. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Enter Your Email Addresslast_img read more

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first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A 50-year-old man died and two others were wounded in a Roosevelt house fire early Friday morning, authorities said.Nassau County police and firefighters responded to the blaze on Debevoise Avenue, where they found the victim dead on the second floor at 2:20 a.m., officials said. His identity was not immediately available.Two others jumped from the second floor to escape. They suffered minor injuries and were treated at a local hospital.More than 100 firefighters responded to help the Roosevelt Fire Department extinguish the flames, including North Merrick, Baldwin, South Hempstead, Uniondale, Merrick, Freeport and North Bellmore.The Red Cross responded to assist the 10 residents that were left homeless.Arson/Bomb Squad detectives are continuing the investigation into the cause of the fire, which preliminarily appears to be non-suspicious and caused by an overloaded electrical connection.last_img read more

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first_imgThe White House is about to hire former Florida Attorney General Pam Bondi to assist with its impeachment response, according to reports from The Wall Street Journal and The Washington Post.One of the reports states that Bondi, who has been working for lobbyist Brian Ballard since she left office last January, will join the White House communications staff “temporarily,” and will also work on special projects. Former U.S. Treasury spokesman Tony Sayegh will reportedly join Bondi in the role.Wall Street Journal reporter Michael Bender tweeted: Bender adds that press secretary Stephanie Grisham and chief of staff Mick Mulvaney support Bondi’s hiring.last_img

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first_imgIt looks like a celebrity guest may have visited the Treasure Coast this week.Captains Jeff Gauthier and Natalie Gauthier report they spotted a great white shark in the St. Lucie Inlet off the coast of Stuart.They believe it may be Katharine, the Great White Shark. The 14-foot, 2,300-pound shark, which often surfaces along Florida’s east coast, has traveled nearly 40,000 miles from the north Atlantic Ocean to the Gulf of Mexico.last_img

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first_imgNo further details have been released.850 WFTL will keep you updated on this story as it develops. Palm Beach Gardens police are currently looking for a suspect that is believed to be involved in a carjacking incident.According to reports, the carjacking took place this morning at around 8 a.m. and officers chased the suspect northbound on I-95 and then east on PGA Boulevard.Police say the suspect took off on foot, and are currently still looking for the suspect.last_img

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first_imgPolice did not make an arrest, they only cited the driver. The St. Lucie Fire District responded to an incident that involved a car that ran a stop sign and crashed into a home on Tulip Boulevard.Authorities say two people were inside the home at the time of the incident, but none of them were hurt.last_img

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first_imgSinger Rod Stewart has been ordered to appear in a Palm Beach County courtroom for a hearing in his battery case.The order is tied to an alleged New Year’s Eve altercation in which Stewart, who is a part-time Palm Beach resident, and his son, Sean Stewart, are accused of simple battery on a security guard at the Breakers hotel on Palm Beach.According to the police report, the incident happened when the security guard noticed a group of people gathered near the check-in table of a private party who were trying to gain access although they were not on the list.The group became noisy, according to a report from two employees of the Breakers who witnessed the situation. That is when 39-year old Sean Stewart allegedly approached the security guard, who put his hand on Stewart’s chest and told him to back up.Sean Stewart then shoved the security guard backwards before Rod Stewart punched the security guard in his “left rib cage area.”Meanwhile, Rod Stewart pleaded not guilty on January 22. His court hearing is set for February 18 at 9 a.m.last_img read more

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first_img8 Jun 2017 Cameron tames the winds to lead championship Doug Cameron tamed the winds today to take a one-shot lead into tomorrow’s final round of the English senior men’s amateur championship at Saunton, Devon. He went round the West course in level par 71 today, despite Saunton throwing all its weather defence at the players. This morning the rain hammered down. Later, as the clouds cleared and the sun came out, the winds steadily increased in strength. The combination pushed the cut up to 12-over par with 80 players qualifying for tomorrow’s final round. But despite the testing conditions Cameron, pictured top, compiled a 36-hole total of one-over par and is targeting his first major senior title – and hopefully a return to the England senior team. He’s a shot ahead of Welsh international Nick Grimmitt, who won the Irish seniors last month, while four players are on four-over, led by Lancashire’s Tony Holt who beat par on the East course today “It was brutal out there, but I’m delighted,” said Cameron (Henley), after battling the afternoon winds. He made a stuttering start to the round when he lost a ball en route to an opening double bogey, but he more than repaired the damage with birdies on the 3rd, 7th and 8th. “A couple of back-to-back birdies is rejuvenating,” he remarked. He found the back nine tough in the cross winds, but steadily negotiated his way home. Cameron is in form, having finished third in Ireland, and would love to claim his first senior title. There’s also his ambition to return to the England senior team after an absence of five years. “I’d like my place back, I love competing,” he said. Grimmitt (Glamorganshire), pictured left, was out in the worst of the rain but went round in in one-over par, repeating yesterday’s 71. He described conditions as horrendous, saying: “It was definitely the worst weather I’ve played in serious competition.” Despite that he found the perfect start with a birdie on the first, commenting: “It settled me down. I started birdie, eagle yesterday and thought that couldn’t be beaten, but to start with a three today was very satisfying.” “I played nicely, kept the ball under control and didn’t get into any serious trouble. I’m absolutely over the moon,” added Grimmitt, who joined senior ranks last year. Tony Holt became the first player to beat par on the East course when he returned one-under 70. “It’s my best ever round in a major tournament without a shadow a doubt, I’m really pleased,” he said afterwards. Despite starting in the heavy rain he played steadily, dropping just one shot on the way out and then picking up back-to-back birdies on 15 and 16. He sealed the score with a good up-and-down from a greenside bunker. Holt was in Lancashire’s winning team at the 2016 English Senior County Finals. He’s tied with former champion Stephen East (Leeds Golf Centre), Rupert Kellock (Sunningdale) and overnight leader Richard Norton (Beverley & East Riding), who added 77 on the East to his opening 69. “It was tougher today in the wind and I hadn’t played the course before, but I’m still in it,” he remarked. One of the most relieved players in the field was defending champion Richard Latham (Woodhall Spa) who made the cut in comfort when he added level par 71 to yesterday’s 79. “I just want to be playing tomorrow,” he said. “I played like my normal self today, just did what I do best, but yesterday was a joke.” Also safely through is Duncan Hamilton-Martin (St George’s Hill), who made the cut on the mark. He’s got another big golfing date later this month when he will play as a member of the England Disabled Golf Team which will travel to Portugal for the European Disabled Team Championship, starting on June 28. Hamilton-Martin, a lower-leg amputee, has put together a pair of 77s in this championship and commented: “It’s been brilliant.” Click here for full scores Click here for third round tee times Images copyright Leaderboard Photographylast_img read more