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Ballantyne Strong, Inc Message Board

  • berniemill@att.net berniemill Nov 8, 2010 1:50 PM Flag

    price drop

    for what it's worth, share price has been range bound between 7 & 8 for the last 7 months. 3rd Q results were good, but not "knock your socks off ", with just enough uncertainty going forward that people who got in at 3+ earlier in the year deceided to take their profit and move on. business model not easily understood; and if economy doesn't improve, expansion in their area may be curtailed.When money is tight, people just stay home & watch t.v. & order Netflicks. on the positive side, expansion into China a big plus (unless some Chinese copycat gets into the business); and all theaters that want to remain competitive are going to need their products.if the economy does improve they should continue to do well.
    JMO

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