Retiredarmyjoe just because we told you LGF was going to $25 theres not need
to attack real buyers OR sellers on the board. You were clearly wrong telling everyone that $31 was a great buying opportunity. It was not and $25 may or may not be. Many here including myself have been saying this stock is being manipulated, that does not make us a paid hedge fund trader etc. You had some strong arguments however your beginning to sound like a child by attacking others. LGF is getting hammered and for you to act as if everyone is wrong who expresses the facts as they are is foolish. Come on RAJoe lets get back to serious conversations regarding LGF, Long at $24.40 by way of short 50 $25 April Strike.
I've also told you in posts in the past that ALL stocks are manipulated in some fashion. It's the stock market. I've been in the game for a long time and invested in this company for over 10 years. When I hear new people on this board bashing management and trashing LGF's movies I will step in and add my side. I've posted several times advising that there were several 30-35% corrections in this company over the last few years and I held through all those corrections.
RAJ, I like you
held all through 16.80 to 11.50 when HG First came out that is a 32% drop. We all know what happened after that. The good thing is I took the opportunity to add all the way down for average of $12.50. Still long and strong. Things are still intact and don't let the ignorant noise detract that the company is still firing away on all cylinders. Cash flow engine and on track for 1.2B EBITDA over 3 years ending 2015. Forward guidance will be provided beyond that based on CC comments last quarter.