The market is clearly on a buyers strike as volumes are not even above normal The opportunity for real growth companies are availing themselves like EROS. 7 is near bottom lets hope but in this market all rational may be lost in the near term.
Even value plays are vulnerable while the overblown software companies got slaughtered today. Earnings do matter and management better have their act together fro the next Q call after the wake up served from the 30's to single digits in short order
I agree that the quality of the earnings were not up to snuff as they relied heavily on fees/one off sales
Had a circuit breaker hit on the and look what happens
Shows how blatent the manipulation is
I will be loaded just prior to earnings when we het the pocket rocket report
Patience until Feb earnings needed-little downside remains
Content is King and they have a competitive moat
May not have hit bottom but we will get earnings and visibility in a few weeks. The absence of buyers is more pronounced in this equity and without a total industrial collapse I find it hard to believe this company was deserving of a 29 to 8 plunge especially with the fall of the major input cost of fuel. I though buying in the 9's was good but worth holding IMO at these levels
Had to go to the well while sitting on a bunch of cash at the worst time on heels of supposed good news
Can't be on board with these idiots when they just needed to pow on for 6 months
Nandu Ahuja, Sr. VP, India Theatrical,Eros International Media Limited, said, “Bhansali’s Bajirao Mastani is truly a celebration of Indian cinema and while it’s no surprise to see the film being so universally accepted, the euphoria surrounding it and its steady performance all through since its release has been remarkable. The critical acclaim and the incredible response has been extremely encouraging and humbling. The Christmas and New Year holiday weekends have shown tremendous footfalls and with no new release for another week, we expect this phenomenon to continue”.
Pranab Kapadia, President, Marketing & Distribution, Eros International plc added, “Bajirao Mastani continues to perform equally well in the overseas markets too with it crossing the coveted million mark across key territories including the US, UK and Australia. Overall, the third weekend collections have dropped by only 20% approximately over the 2nd weekend”
Taran Adarsh of Bollywood Hungama said: "BAJIRAO MASTANI is a cinematic gem that you just cannot miss. Tremendous performances, deft direction, power-packed screenwriting and dialogue, melodious soundtrack and of course, the lavish mounting -- this film has it all. Strongly recommended!"
Been here done that. These ambulance chasers follow the short bloggers before their ink is dry. I like to follow up and scoop up the shares that were sold on panic usually after all the margin calls and class action boilerplates dry up
This volume is interesting in that it recovered completely and dove again. I think it is a heavily manipulated stock but I think the company should be busy buying more shares as opposed their modest statement
This "executive" managed to bring BBRG shares from 24 in 2009 to the current all time lows of 9. What a great job! Only in this industry can failed leaders re-create themselves as winners while losing 60% for shareholders.
Any other industry you are fired and can't get another job. I
Restaurant incest at it's best
I am sure he will do a great job for BOBE! Good luck all
Sentiment: Strong Sell
Monday would start the beginning of an authorized buyback of 10 Million dollars. There is no better investment than to be accretive to future earnings than to start buying at these levels.
$158 million in cash leaves plenty of cushion an then stellar growth and monetization makes this co a no brainer