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IMAX Corporation Message Board

  • redzombie85 redzombie85 Jan 31, 2013 5:22 PM Flag

    2 even days right on my average

    Strange odds that it closes twice at the same price but right where my average share price is as well.

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    • After 300+ days of holding this when it hit my average share price today I sold. I prefer CNK, but really figured IMAX would have done better. The market is to high for me, i dont love this stock, and could use the money...very easy for me to sale today.

      • 1 Reply to tummyrules1
      • I have sold 75% over the last month 50% at 24.93 and another 25% today at 24.27.
        I think the ceiling for IMAX is 26.00 and a floor of 20.00 at this level there is more risk then reward. Specially with the market so high(I believe a correction is coming) IMAX likes to tank more then the market when a correction happens as well.

        I have to hold 25% incase the market ever realizes the growth potential IMAX has and takeover chances. I have had this stock for 4yrs and I feel part of me holding 25% is emotion which I know is bad but this was the first stock I ever done hit a homerun with.

        Picked up some GLD today though for the first time.

 
IMAX
32.00-0.55(-1.69%)Apr 29 4:00 PMEDT