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Lions Gate Entertainment Corp. Message Board

  • jackalsrevenge jackalsrevenge Feb 11, 2013 9:30 AM Flag

    A close above 20

    at the end of business is either wildly bullish or wildly bearish. Of which I have no clue. Price action pre open is definitely bullish. Noticed that Burns acquired 6000 more shares at 19.02 or something. This afternoon will certainly be interesting. I'm throwing out 800 million in revenue. I'm not sure how you get there, but that's my gut. It's hard to say when you consider their accounting methods. Regardless, the long term story is well in tact. Any drop below 18 after earnings is a huge buy IMO. This is gonna be fun today!

    Sentiment: Strong Buy

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    • I can't think of anything more bullish than Burns buying more stock at the $19 level. That alone gives me the feeling that we'll be saying goodbye to the teens very soon, hopefuly Tuesday!

      Sentiment: Strong Buy

      • 1 Reply to lagunadan92677
      • Well, hold on now. I'm not very good with the technical stuff. If you look at the news reports it said that he had a disposition/and then an acquisition which netted plus 6000 shares. The price for the disposition was 19+. However, I'm not sure that he has to pay that for the acquisition, although I can't see why he wouldn't have to. Either way, while today might not be the day 'I' want it to be, long term I haven't seen anything that dissuades me from owning stock, and buying more on any credible pullbacks. Good luck to all longs! Sorry if I misspoke.

        Sentiment: Strong Buy

    • When you consider that Burns' compensation is already tied to options at a strike price of around 16., I find it very bullish that this director (amongst many other insiders) is continually increasing his share allocation. Nothing could be more bullish IMO. BTW, any reasonable BEAR argument is welcome. I feel like this is too easy.

      Sentiment: Strong Buy

 
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