Great performances from Emily Blunt and Benicio Del Toro. Great pace, soundtrack, cinematography, sustained tension and sense of impending doom. The movie wasn't too short or too long. The percussion/heartbeat-like soundtrack was fantastic and complemented the movie just as the famous Jaws theme did for it's movie. I can understand why there is already speculation about a sequel involving Benicio Del Toro.
I'd love to see LGF partner up, take on Netflix and beat them at their own game. In fact, I'd like to see LGF lead everyone else in all platforms.
Since February 2013, when Michael Burns stated on CNBC that LGF could be bought for the right price, there have been numerous discussions/negotiations to buy DWA, LGF & STRZA. None have succeeded so far. Content creators are obviously demanding a higher multiple, so I'll be jumping for joy when the first deal is finally done as other deals will likely follow.
Ditto about being Burns' best interview. Burns wasn't shy about justifying LGF's current PE ratio and said an even higher multiple is deserved for content suppliers. I found some entertainment watching Tim Seymour's reaction to Burns' interview/presentation. Tim Seymour had recommended taking profit yesterday.
Re: Fast Money
As you may recall, the Fast Money guys discussed the fact that Animal Planet and Discovery Channel are more Disney friendly than R-rated movies from LGF. Just keeping it real.
IMO, we REALLY need a "beat" in earnings. An earnings beat coupled with a short squeeze will do wonders for the share price. Conservatively, I'm thinking $45, but with the right amount of panic $50 could happen.
Lions Gate Entertainment Corporation (NYSE:LGF), A drop of 513,686 shares or 3.8% was seen in the short interest of Lions Gate Entertainment. Even as the interest dropped from 13,665,047 shares on June 30,2015 to 13,151,361 shares on July 15,2015, the days to cover came in at 14. The updated interest stood at 9.5% of the stocks floats. The shares have an average daily volume of 955,052 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on July 24th .
"Lions Gate Entertainment Corporation (NYSE:LGF) has witnessed a drop of 10.3% or 1,575,357 shares in its short figure. The short interest diminution took it from 15,240,404 on June 15,2015 to 13,665,047 on June 30,2015. In terms of floated shares, the short interest was calculated to be 9.8%. The days to cover are 11 given that the daily volume averaged 1,215,976 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on July 10th."
The other 90% haven't felt the need to close their positions yet. Some may be waiting for $38 or $39, but most I think, human nature being what it is, are waiting for $40. Considering all the buzz around Netflix and content in general, I'm thinking $40 could be here very soon. I'd love to see a real short squeeze.