Expendables 2 (tracking at $200 million domestic Summer 2012)
Hunger Games (Catching Fire) Fall 2013 (tracking at $400 million domestic)
Twilight Breaking Dawn Part 2 (tracking at $300 million domestic Fall 2012)
(4 other films already produced releasing in Fall of 2012)
Analysts are always SHORT SIGHTED (and tend to favor the SHORTS as well). Hold a position over the next two years (if you don't need the money any time soon). You won't regret it.
Disclosure: Holding large position for at least two years.
Lots of money managers will want to say to their clients that they are holding Lions Gate (because of the run-up in the quarter) at the end of the quarter. It's a sick, but they only have to buy today and they can list it on their quarterly statement of holdings.
Also a possible catalyst is strong second weekend numbers, Wrath of the Titans tracking poorly ($40 mil max), and Carl Icahn's of the world have to publicly state their listings next week to the SEC.
I think LGF will close green in anticipation!
I agree...this is trading like we're at the bottom. We're down $2.50 (16%) from the high of 16 and the revenues will continue to grow. Debt will be reduced and the balance sheet will improve. Not sure how fast we move up again....but I don't think we go down much more from here.
Why is LGF back down to $14? With only 126.5 mill shs o/s diluted... the Hunger Games and Twilight franchises through Summitt... pipeline of theatrical releases... Epix movie channel... extensive movie library... so w/ revs of about $323.0 mill last qtr... and a $billion blockbuster out now with Hunger Games... I have to believe earnings & stock price start going up from here. Or am i missing something?