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IMAX Corporation Message Board

  • iwynne2002 iwynne2002 May 7, 2013 10:14 AM Flag

    IMAX: Expecting a Summer Pop

    The news churning out surrounding IMAX is very positive right now and with Iron Man kicking butt and Star Trek on the way there is a lot to be excited about if you own shares. The Q1 earnings sell off was short lived and the technicals seem to be indicating a breakout from current levels. Short interest is still high with just under 14 million shares sold short since as of April 15th. Will they cover sooner or later? Seems a bit risky to hold on given the upward momentum but these guys are as stubborn as they come.

    Sentiment: Buy

 
IMAX
32.60-0.20(-0.61%)May 4 4:01 PMEDT