They are loading up on November 22.5 puts, then sell their shares before/during/after the horrific Q3. They profit both ways-- sold after a gain and make a load off of puts.
Inching closer and closer to Q3 announcement. The only question who will dump first and who will be left after Q3, scrambling to sell under $20
While only 4 weeks away from posting a horrific Q3 revenue. Turbo is the 2nd worse film in the history of the company. The Guardians took $89 mil write off loss, how how will Turbo write off loss be?
And how are they doing that? 200 mil in debt with no cash, just raised another $300 mil debt by selling junk bonds. Now $500 mil in debt, no cahs, used most of the $300 mil raised cash to buy back stocks instead of investing in the company future. Tell me how are they building these things? with magic? Even if they are building any of the BS, it takes 2-3 years for that to be completed and recognized. financially. Where are they getting the cash for these things? Let's concentrate on short term problems first, write off loss fro Turbo, financial crisis. There is a big difference between having the means to do something and doing it vs. saying it.
did I tell you that I am building theme parks and studio too?
They are fighting hard to manipulate and sell before the numbers are out. 2-4 weeks left to massive sellofffs. Turbo was a disaster and Q3 will be a disaster. Wait til 3rd week of October and just short all you can muster.
50 will be cheap after October 30th.
Mr. Palazzo sell before oct 29th, if u hold u will lose at least 30% in value. Dwa current pps has no justification for it. My price target is $14 by jan 2014.
what are they selling besides movies? stuffed Kung #$%$ Panda? Nickelodeon free cable TV? Yep, real income there.
Me and My shadow was expected to be released in Nov of 2013 but got pushed back to March of 2014, leaving 8 months of no new incomes for the company. Yes, every quarter the company makes its usual mundane revenue from movie rentals; the rentals in Q3 and Q4 will not be any significatnly different from any otther year or quarters.
Success of NEW releases determines profitability-- 8 months of NO NEW release with Turbo (the latest New release) being only the 2nd worse film in history will show horrific Q3 and Q4 numbers. Wait til Oct 29, you will beg to sell at $20/sh.
there is a reason why this company was highly shorted, even with the best of movies they were barely profiting. Sony Disney are also having troublt with animations, the reason why they are not doing so well is because of heavy volume in competitions and most movies now have amazing special effects that are life like (not cartoons). This makes animations look pale in comparison to the special effects.
Net asset of the company is $1.2 Bill (fair priced at $16/sh) Thus it is trading nearly twice as a buyout price (if there was a buyout). There is a reason why the short never shorted below $16 because the fear of a buyout. Anything above $20 is a short's wet dream.
why it went to $30? Co0bination of company using the $300 million that they recently borrowed to buyback and manipulate share price in order to sell their shares and get out before #$%$ hits the fan, instead of investing in company growth. In conjunction to crooked wall stree tossing 100 shares back and forth to up PPS, causing fear in a highly shorted company to cover some of their positions. Over 3 million shares of shorts covered over the last 6 weeks, bring short % down to as low as 23% now.
Fundamentals point to BK, if "me and my shadow" does not do well. Probably the major reason why they pushed the release back 4 months, because this is their last ditch effort before they announce they are in deep financial trouble.
4 weeks from Q3 conference, which I expect to have revenue of around $110 mil with write off loss from Turbo. Poor guidance for Q4 with expected revenue of $90 mil. Missing annual analyst revenue estimate by $200 mil. I think they have been selling shares at the peak, and now they are taking it down. On Oct 28th, they will look like prophacy with accuracy of 100%.
because the box office is their major income (look at the earnings report, where is most of their incomes coming from?. #1 new release, #2 rentals of older movies. Thos two categories alone comprises of 75-80% of their income, new releases accounts for 50-60% of their income-- it means makes it or breaks it for the company. The Awesome TV, Nickelodeon, and Netflix BS are just peanuts-- in fact, these are new business ventures that we don't even know if they will even able to make any profits. Even if there are profits, these will not be recongizable until years from now.
But before you jump 2-3 years down from now and talk about how ntlx, nick, awesome TV are gonna make any profits, you have to think of what is happening in the immediate future that needs attention. $200 mil in debt, little or no cash left, just borrowed another $300 mil to prevent loan default, flopped that last film Turbo before 8 months of NO NEW release, and wait for "ME and my Shadow" in March of 2014. What if "Me and My Shadow" flops???? I smell BK filing if it does.
Possibly BK filing after the release of "Me and My Shadow" in March of 2014. Who were they trying to fool? 8 months of no NEW release following "Turbo" only the second worse film in the history of DWA, and this turd has been trading in the peak of 2 year high?!!!
The downgrade happens right before Q3 conference, gee perfect timing to make themselves look good. I've been telling everyone this for the last month. Q3 will be horrific and Q4 will be even scarier, total annual revenue will miss by $200 million (out of $744 mil analyst estimate).
folks this is one of the biggest scams in the market, they are tossing shares back and forth raising price. AT the same time, trapping short coverage. Don't fall for this, just wait 3-5 weeks from now, Q3 will be out with worse Q4 guidance. Panic selling may even happen 2 weeks early to avoid mass stampede of exit.
they can't let DWA slip (they haven't announced BK yet, still time to manipulate)
this company is on the brink of bankruptcy. They said they had raised $300 million to get them out of the loan default. What if they didn't actually raise that much and they are in deep financial problem. Just imagine the shock on every investor's faces when and if they announce BK by Q3, along with horrific revenue. Just wait 5 weeks, hold your short positions.
They managed to cause short coverage over the last month or so, now short volume is as low as 23% of float. Some shorts are on margin and the pressure is on to cover, even against grossly bad fundamentals. I used real cash and I can sit on my short forever!!! No one is this stupid to buy this garbage at the peak of 2 years, pending BK.
they should only pay you $8/hr. 10 is too much for you. I am gonna write to Gordon Johnson and have you fired.
listen to the conference again dummy. they said they will announce at least 1.3 GW before the year ends.
Steve, I think he has sand in his aszs; he can't masturbate any more.
turd! I suspected you don't really invest but get min hour salary of $10/hr for bashing nonsense.
FYI, I bought in mid 40's after the secodnary and sold it for a few ucks of loss after they had weak Q2. Reaccumulated recently when it fell to $40 and $37, you can't get any cheaper thaan that.