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Lions Gate Entertainment Corp. Message Board

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  • lagunadan92677 lagunadan92677 Jan 9, 2013 1:55 AM Flag

    Only partially filled my buy order

    Billy, I think you're correct about the MM's. Considering LGF's rise today, on light volume, and on an overall negative market day, I wouldn't bet against LGF for the time being. I was ready to sell a block of shares in the morning in anticipation of buying them back at a lower price (something I commonly do with range-bound stocks), but luckily changed my mind.

    Earnings season has started, as declared by CNBC. This, along with the 12.4 million shares shorted, could be enough reason for a nice upward price move in anticipation of a pleasant earnings report.

    I see Alcoa did not disappoint after the bell today. One down, many more to come.

    Sentiment: Strong Buy

 
LGF
20.16-0.11(-0.54%)Jul 27 4:02 PMEDT