Well its Burns not Feltheimer but here is whats interesting....... On Nov 17th the HAS board votes to end takeover talks with Dreamworks. On Dec 10th they add Lionsgates Burns to the board of HAS.
"Everyone and their brother including CBS) has looked at this studio over the past decade and at substantially lower prices"
Of course!...pre-Hunger Games, Mad Men, et al
Oh yeah, this stock is massively in play. Best kept secret on Wall Street. Only the Yahoo stock board knows......
First, I like your approach to this very much. Whether there is a bid for LG or not, as long as there is a shred of evidence indicating a BO, this stock will be in play. Great time for some shorts (unfortunately) but no matter if that's not happening. LG F hit the jack pot with MJ1. It mite do 800m. worldwide alone and if anyone thinks this is not going to eventually put one billion in its pocket, I suggest you sell now. The next qt report will raise this stock to new highs, salivating with MJ2 coming up, sure to do a billion worldwide. This alone makes LGF wealthy. and always pretty to watch.
Sentiment: Strong Buy
All your posts are condescending and you show a lack of knowledge when it comes to trading long or short. Since you like to answer questions with questions to show your lack of knowledge when it comes to this company - I will provide you with the following:
1. Your comment in/re houses is demeaning and disrespectful to everyone in rural Arkansas and Detroit and shows your ignorance. My homes are in the Northeast and the Southeast.
2. If you don't know how institutions or individuals make money by hedging their positions you should really study up on it. If you need a class on investing 101 I suggest you take it.
3. As far as a buyout or merger - pricing and timing is everything. Carl Icahn tried to buyout the company several years ago but the pricing and timing was not right. I believe I was offered 7 dollars a share in that buyout attempt.
4. As far as Jon Feltheimer or Michael Burns retiring - I would hope that if LGF was bought out or merged they would stay on because they have put together a terrific team and company.
Where did you buy those houses, rural Arkansas or burnt out Detroit? You still have not tied in the long-short managers to your hedging thesis? Please elaborate. How are they making money by hedging their long position? If the stock is in play and everyone knows it why even hedge? Since you are such the LGF expert having "been long" since 2004 why don't you review for us why this company has never been acquired in the past and explain why now is the time? Does Michael Burns suddenly feel like retiring? Does he suddenly NOT feel that his company is under valued? Its great that you can make up stories about your amassed wealth but how about answering the question and saying something that is actually intelligent as opposed to imaginary? Thanks.
Lions gate boss Michael Burns expects the studio to do more joint ventures and strategic partnerships on the heels of its streaming deal with China’s Alibaba.
“You’ll see more strategic alliances and joint ventures,” the studio’s vice chairman said Tuesday at a UBS media conference in Midtown. “You’ll see us aligning with digital players.”
Although he didn’t name names, Burns made it clear that China’s growing market was of particular interest.
“We got ‘Hunger Games: Catching Fire’ in China,” he said. “It’s the Wild West.”
The studio behind “The Hunger Games” and “Divergent” joined with Alibaba last summer when they launched a Chinese subscription streaming service, Lionsgate Entertainment World, featuring the studio’s movies and TV shows.
In October, The Post reported that the Chinese e-commerce giant, run by Jack Ma, was interested in gaining control of Lionsgate by acquiring a 37 percent stake in the independent studio held by hedge fund investor Mark Rachesky.
In other digital moves, Lionsgate and Tribeca Enterprises are pairing up to launch a subscription video-on-demand service, curated by execs for the film festival.
The studio boss also said Lionsgate will be going back through its library to breathe new life into older franchises and predicted the company’s TV business will see significant growth.
The studio, which produces AMC’s “Mad Men” and “Nashville” for ABC, has a new series for E! Entertainment, “The Royals,” set to debut in the spring.
“Elizabeth Hurley stars as a naughty queen,” Burns said.
If you can look at the holders you should also be able to look at the long-short managers and realize that these are the ones that are actually making the money since they have more flexibility.
As far as me being a retail guy - I've been long this company since 2004 and have traded options around my position. I have no need to mortgage my house since I've purchased 2 additional houses with the money I've made from my trades. I can get back to you right now and say it has worked out REAL WELL for me.
Alibaba made a strategic non-controlling interest in YOKU several months back and a huge premium to where the stock was trading. Go check out what happened to YOKU immediately after......
And its great (and we are all very impressed) that BABA is keeping frank and laura personally apprised as to their interest in LGF.
Well if you put it in CAPITALS then it must be true. Yes, I know exactly how many institutional holders there are as of the most recent filings. Why don't you regal us all with what you "think" that means.
I can look at the holders and note that a good majority of them are long only funds which can't/don't hedge and I can look at option open interest and short interest and also make similar conclusions.
Yes, stock traded HALF its normal volume today and was down. But its "in play". I love when you retail guys start thinking you actually understand how Wall street works cause the newsletter you subscribe to told you so. If its in play then mortgage your house or your bicycle and go "all in" and then get back to us and let us know how that worked out for you.
Too many good things happening to this stock. Too many good things happening to this stock.
Sentiment: Strong Buy
Clearly Wall Street DOES KNOW IT'S IN PLAY. When is the last time you looked at who the institutional holders are? Do you know how many institutional holders there are. Do you know why the institutional holders are hedging their positions with a short position? There is no smoke here - it's simply a matter of pricing and timing.
Yes. It is massively in play. "Every media outlet and person in he biz......". Are you talking about the Hollywood "biz". Clearly Wall Street doesn't know its in play. You should write them a letter. Then you should do some research on the history or this company and management. Then you will realize why the Street knows there is nothing but smoke here.
If you held that long then you did well. It was a bigger risk then than it is now. LGF will be an interesting stock to watch next year.
We regular investors need to wait, it's not in our hands. Owning stock is a patience game, unless you like playing the "fast money."
john-most of the short interest is controlled by institutions. They are simply hedging their positions. With less than 10 days to cover things could get real interesting when they remove the back stop.