It's a crazy business. Last quarter good profit and promises equalled stock crash. I know what that was anyway - the manipulators shaking out the sheeple. This quarter no profits and good promises - equals rising stock price? That would prove craziness. Well Rheingold I won't ask you your prediction success average. This company can keep operating this way but it doesn't do anything for shareholders.
I don't appreciate how vague management is with respect to important financial data. Does anyone know how much LGF would make per episode of "Anger"? A range? No. They throw out a high number. But that's not LGF's slice. It's going to be lower. Much lower. When asked for granularity on a similar issue, they laughed. Until management produces consistent earnings, you will see a stock trade in a relatively narrow range, IMO. Good luck. I'm on the sidelines for now.