Confirmed: This wild ride is the result of Hedgefunds getting in
Lions Gate: Will the Odds Be Ever in Its Favor?
18 hours ago
As one of the largest film studios in the entertainment industry, Lions Gate Entertainment Corporation (LGF) produces and distributes motion pictures for theatrical and video releases, most times with a production budget under $35 million per film. The firm also produces television programming for cable and broadcast networks, and over the years has created a library of over 15,000 titles, which are distributed directly to retailers, video rental stores, and TV networks in the U.S., Canada, UK, Ireland, Australia and other international markets via its subsidiaries. Third quarter 2013's record results led several investment gurus, like Steven Cohen (Trades, Portfolio) and George Soros (Trades, Portfolio) to buy the company's stock recently, so let's see if this growth will be sustainable in the long run.
Haha wow Wanna. This is a terrible prediction on Seeking Alpha.
Sep 4 05:10 PM
You have not even mentioned the value of EPIX or TVGN. Combined with the forces of CBS, TVGN can be worth 1 billion alone if you compare it with AMCX. It is in a high trajectory move right now and you will miss the rocket if you are waiting for $25.
xxaaron, I always thought you were not a genuine investor here. You're lack of decorum reeks. I still stand by my post from last year in September. the stock price went to mid 30's after that. Did you have a crystal ball to forecast the manipulation or desecration we see at this time? It is not specific to LGF or based on its fundamentals either. This is how investors get flushed out of the market so greedy hedgies can reset their portfolios and raid stocks for lower price entries.