Next support level is 40. IMO we stabilize at 38. Enjoy dividend reinvestment and purchasing shares at a lower price.
Based on market cap we already exceed the market cap of ATI and AVY. Depending on what happens on the next 2 ER's we may see LGF enter the index.
LGF currently has a market cap of 4.56 billion and it is conceivable that within the next several months they may overtake MNK at 5.06 billion. As their revenues become more predictable with growing streaming media and VOD, one could see LGF overtaking MNK or one of the other lower market cap companies in the S&P 500 in the near future.
Take a look at the current 3 month chart. How's that for an image?
The great thing about investing and trading is that you can converse with people with similar interests. While I was in the military I was a Master Fitness Trainer so I do have a background in Diet, Nutrition and Exercise. I simply don't believe in the MLM model because many of distributors wind up getting hurt.
No need, I no longer have a position or trade the stock. I was just checking in on the board. I am too old and too tired to be calling people out. I just try to stick with the technical and fundamental analytics of my current positions and trades, and occasionally share my analysis to other board members in stocks I trade. Best Wishes - RAJ
I don't lie. It's something you accused me of. Name calling doesn't advance your position. It just makes others want to get back at you. I didn't choose a side - I just made an observation from the several times you called me liar. As I already have said, if you're making money with your long position and trades - good for you.
greg - in the grand scheme of things if you're making money who cares? I know you've had a position in the stock and if you're making money good for you. The only thing that is an issue is when we resort to name calling. I've been trading for 36 years and have been on both sides of the trade with HLF with a SMALL position and when I advised you what I did you called me a liar. I have no ill feelings to anyone on this board or any other, and I wish you the best with your position and your trades.
jb - one thing you have to understand about greg is he is never wrong. If you disagree with him YOU ARE A LIAR!. If he is wrong he is right - it's just the way he is. His ego far surpasses his investment skills.
Truth - agreed my statement may be a little rash but their cash flow and income statements need to start showing improvement. This MAY HAPPEN IF they can collect revenue from PH IV activities in Nassau. Have you looked at total cash flow from operating activities lately? Without Corvias they could be in trouble.
Skrutt - the only news worth anything now is if something pans out with Corvias. If not there cash burn will run them out within a year.
It would appear management is looking beyond the box office performance of X3 which would imply revenue from streaming and VOD will show a BIG increase next quarter.