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IMAX Corporation Message Board

iwynne2002 2293 posts  |  Last Activity: Jun 6, 2014 11:30 AM Member since: Apr 2, 2008
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  • The summer is here so I suspect AMC will make an attempt to break out from it's recent trading range and break $25 again. The upgrade today with a target price of $28 is quite bullish. The first dividend payout is coming soon as well.

    Sentiment: Buy

  • Reply to

    Imax PR..no effect!!

    by iamforstocks May 14, 2014 10:05 AM
    iwynne2002 iwynne2002 May 15, 2014 10:20 AM Flag

    Yep, you pretty much summed up the conundrum that is IMAX. I personally got out of the stock early last year to pursue other investment opportunities. I had been long pretty much since 2009 and had some really good gains here but it became clear to me that longer term IMAX's management was their Achilles's heel. With the market at record highs there is absolutely no reason why this stock is trading below $40 bucks today other than the deliberate and incessant greed of management.

    I love the product and continue to see all of the big tent-pole pictures in IMAX. But as an investment I'd much rather be in AMC which has the largest IMAX footprint and is a much better run company. Plus they pay a dividend. Just imagine if IMAX did that?

  • Reply to

    Huge Upside Volume Two Days In A Row

    by purrldiver May 14, 2014 3:14 PM
    iwynne2002 iwynne2002 May 14, 2014 6:38 PM Flag

    I think it's more than just short covering. I took half of my position of the table today at a 34% gain. Holding the other half longer term. Uranium prices are still at rock bottom levels. Plenty of upside left in this stock.

  • Being short UEC is obviously a crowded trade with about 16 million shares still sold short. Uranium prices are at multi-decade lows but are expected to rebound in the not too distant future. Couple that with the way UEC is positioned in the space along with the heavy institutional ownership of the stock and it would appear that most of the risk is to the upside from current price levels. I am long from $1.10 and will add to my position on any dip under $1.00. I missed the last dip due to lack of available funds. Bummer!

    Sentiment: Buy

  • Reply to

    How much higher can Disney go.

    by nineball50 May 9, 2014 3:52 PM
    iwynne2002 iwynne2002 May 12, 2014 11:48 AM Flag

    Based on our most recent earnings report it's pretty clear that Disney is firing on all cylinders. For that reason a bit of a growth premium has been priced into the stock. That said, the Star Wars effect has not yet been factored in as I believe the opportunities that spawn from the next batch of movies will be plentiful. I'd like to see them consider a split once the stock gets to triple digits. Any significant dips in DIS will most likely be bought.

    Sentiment: Buy

  • Reply to

    AMC Trades...

    by skipto.mylou May 5, 2014 1:19 PM
    iwynne2002 iwynne2002 May 9, 2014 10:44 AM Flag

    Yeah I could certainly see how you could get killed trying to trade this stock. The volume is very low and with only 19 million shares outstanding big swings in the price can be expected. I have a very small position right now but my plan is to continue dollar-cost-averaging into a core holding.

    The lockup period ends on June 16th so I expect more selling for a few days around that time. Should provide another opportunity to add shares.

    Sentiment: Buy

  • Reply to

    AMC Trades...

    by skipto.mylou May 5, 2014 1:19 PM
    iwynne2002 iwynne2002 May 8, 2014 1:33 PM Flag

    Right now looks like a pretty good time to add shares. I'm scaling into a long term position here. As the stock price goes lower the dividend yield will increase which should attract more institutional players. Buying under $22 seems like a good sweet spot.

    Sentiment: Buy

  • Imagine what it would do for the stock is someone like Ichan or David Einhorn got involved with IMAX. They would call management out on the carpet about their excessive and abusive stock compensation plans. Say what you will about these guys but they know how to unlock pent up value in undervalued companies.

  • I have followed IMAX for several years, dating back to around 2009. I have seen this company go through it's ups and downs but what has always been a constant is that they have the best large screen format in the industry. Unfortunately they also have one of the most greedy management teams of any company I have ever seen. That is the main thing that has held this company back IMHO. With the Dow and S&P trading at all time highs IMAX is stuck in the mud around $25. The backlog is also an area of concern as it seems to keep growing but the pace of installs is slowing. I voiced a couple of years ago that I would like to see IMAX slow down on new signings and focus on reducing the backlog. Seems like that would have been a much better strategy. There is no reason why IMAX should not be trading around $40 today. With less greed at the top and better execution this stock would be a high flier.

    Onto AMC, a company which just yesterday announced a $.20 cents/quarter dividend which puts them around a 3.5% yield. AMC is clearly focused on enhancing their customer's viewing experience with more comfortable theater seating and more options at the concession. In exchange they give up seating capacity but if you ask me that is a good trade off. AMC also has the largest IMAX footprint which makes it a "best of both worlds" type of investment.

    I like both companies but strictly as an investment I think AMC is the better buy at current levels.

    Sentiment: Hold

  • iwynne2002 by iwynne2002 Apr 28, 2014 11:20 AM Flag

    AMC now has a 3.5% yield. Nice!

    Sentiment: Buy

  • for the silver price to rebound over the longer term. The spot price will likely trend sideways to lower over the short to intermediate term but longer term it is going much higher. SLW is in great position to capitalize on higher prices down the road.

    Sentiment: Buy

  • Reply to

    Earnings

    by nadskrid Apr 22, 2014 3:09 PM
    iwynne2002 iwynne2002 Apr 24, 2014 12:07 PM Flag

    It's good to have a low bar the first time around. With a nice beat the stock will likely head back towards the $25 level.

    Sentiment: Buy

  • Reply to

    Shareholder Meeting

    by sultan87217 Apr 9, 2014 12:22 PM
    iwynne2002 iwynne2002 Apr 10, 2014 8:39 PM Flag

    Sounds about right. I am expecting a dividend to be in place by the fourth quarter of this year, probably in the 3% yield range. A dividend announcement should put a solid floor under the stock at the IPO price.

    Sentiment: Buy

  • I posted a few weeks ago that I believed AMC could get to $25 by the time the summer movie season gets rolling. Well we all know that AMC overshot that target within a few days of me making that post and has since pulled back to around the $23 area. I think this is a healthy pullback as the stock had simply gotten ahead of itself. If you are interested in owning AMC this looks like a good time to initiate a position or add shares.

    I still suspect that the company will announce some sort of dividend policy before the end of this year which will certainly attract the institutional crowd. Regal and Cinemark both yield well over 3% so I expect AMC to initiate a dividend within the 3%-4% ballpark.

    Sentiment: Buy

  • Reply to

    Shorting 5.20

    by seano24 Mar 13, 2014 2:24 PM
    iwynne2002 iwynne2002 Mar 13, 2014 8:55 PM Flag

    Interesting but I don't think too many folks want to be short going into the weekend with the Crimea vote happening on Sunday. I suspect the gold shares may rally for a while especially if spot gold continues its upward momentum.

    Sentiment: Hold

  • Reply to

    Stealth Rally

    by iwynne2002 Feb 20, 2014 10:08 AM
    iwynne2002 iwynne2002 Mar 10, 2014 1:47 PM Flag

    I think BRIZF will take it's next leg higher once gold is able to breach the $1350-$1400 level. I suspect that will happen within the next couple of months but of course the gold market is heavily manipulated so it could take longer than that. Longer term I can certainly see this stock trading north of $5.00 once gold breaks to new highs and their resources in the ground are revalued.

    Sentiment: Buy

  • PHOT had a chance to breakout yesterday above $.47 but there are simply too many flippers here. Just look at the volume traded between $.39 and $.41, that's all the evidence you need. It's very hard for a stock to gain upside traction with so many traders willing to take a penny profit on 10,000 shares.

  • That's the rule in Vegas, but when does it become too hot?

    Sentiment: Hold

  • Reply to

    Time for a 3-1 split you cheap SOB'S!!!

    by ct200 Feb 22, 2014 1:35 AM
    iwynne2002 iwynne2002 Feb 24, 2014 1:57 PM Flag

    I would not mind seeing a split but why would they do that while they are buying back shares? I have not been involved with a lot of stocks that split so I am curious why they would reduce the float only to re-inflate it with a split. Can anyone shed some light on how that would actually work?

    Sentiment: Buy

  • Reply to

    Stealth Rally

    by iwynne2002 Feb 20, 2014 10:08 AM
    iwynne2002 iwynne2002 Feb 23, 2014 8:55 AM Flag

    Hey I'm with you 100%. I did my research on BRI and established a position once I discovered who the heavy hitters behind the company are. Marin Katusa is another heavyweight with a significant position in this company along with Sprott and Casey as you mentioned. Also, Amir Adnani is running the daily operations. This guy has a great reputation as a company builder and he knows when to pounce on undervalued or under appreciated assets when they go on sale. Of course it is very speculative but I believe this stock is a buy and hold for the long term.

    Sentiment: Buy

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