3 wide releases in Sep. Nerve doing OK and NYSM2 doing great overseas. If we get some box office hits the elevator will start heading back up. John, Dan and Wanna y'all still in the name?
This stock is Long/Short Fund Managers dream stock - Easily manipulated in either direction on low volume days and a little perceived positive or negative news causes huge price swings. MHR and Malone are in this name for a consolidation play. Another HG franchise would definitely pump up the price, but in the long run so would revenue stability from TV and streaming. Who knows - maybe we'll have a hit movie going into the fall.
I'm becoming nostalgic thinking back to a time not too long when I could've sold this at 41. Maybe just maybe we get a stronger 2nd half and a strong 2017 to turrn the theater releases around.
LGF should do a Politically Themed Tentpole called Lies, Lies and More Lies. They could make a multi film franchise based on the lives and lies of the Clintons and the Donald. Thank you bartender may I have another. To all board members Have a Happy and Safe 4th of July.
Outside of the BREXIT this is good news. Another income stream from Google is always a good thing.
Actually they sort of bashed them again. Why not it was an up day for the market and they appear to have adjusted to bashing on negative or positive news. At least there bashing is something I could look forward to (now on a weekly basis). In the past when they went to weekly bashing, it signified a strong buying opportunity.
In the meantime we'll just keep reinvesting dividends and wait for the fall movie slate to see if we can get back on track.
No not the stock price - the name of the movie coming out on the Oct 28. I guess LGF is withholding the name trying to build some suspense. Boo A Madea Halloween is being released the week before. Are they trying to mitigate the medias response to another bomb or are they going to provide us with a Halloween surprise - A PROFITABLE MOVIE!
90 million production (15 Million more than NYSM) and @30 in P&A = 120. Should do alright overseas. A stellar weekend would be getting cost of production back opening weekend and that won't happen.
Added 30 million in production cost to NYSM2 throw in P&A we're at around 120. It looks like it will gross 40% less than the first movie. Management needs to come up with a new strategy.