You should learn the basics of investing before you talk about an investment which you have little knowledge of.
We'll see in the the meantime we have an upcoming slate with several mini franchises
Esher - I agree with you 100% and over the years I've been jilted several times. I'm not in love with the stock - I simply believe in the management team and I strongly believe that as a content provider they will part of a major consolidation play.
The forest from the trees was in/re to LGF strategy and upcoming slate. I've been here since 2004 and also was around for the Icahn offer. I also stated I am a long term investor and will ride this out to industry consolidation plays out. I also advised everyone on the board to watch for 10% pull back. Powers of perception are in the eyes of the beholder. My observations are based on my knowledge of the company and where I believe management is taking the company. I am not a trader in this company - I am an investor. I have no problem with a different point of view as long as it is backed up with facts. I also enjoyed Ender's Game and was hoping for a follow on, but the authors background came into play. It is easy to question management when a franchise doesn't pan out or deliver the anticipated numbers, but I will stick with the team that got us to this point because I do believe they have the endgame within their reach
Typing - sounds like you're taking everything personal. Remember this is a business and the long/short funds are making big money here.
I'm holding to and have been for a long time. I hope to see the pot at the end of the rainbow in 2016. It's easy to get on the emotional roller coaster with the big swings but you have to remember long/short managers are moving big positions here. Focus on the horizon (the upcoming slate, the new board members, expanding relationships, and MEDIA CONSOLIDATION). bananas - Have a Great Weekend and don't spend your weekend worrying about this. I held this stock for several years before we got a fivefold increase and I'm going to hold it to the train pulls into the station.
this usually happens at ER or movie release time. I don't beleive it will go much below 35 If MJ2 bombs then we will see 30 but the way it is currently tracking it should do ok.
you left out MJ2, Allegiant, Now You See Me 2, Deep Water Horizon, and who knows maybe Norm of the North will make some money/
I thank you for your input regarding the company. The bottom line here is media consolidation is happening (llook at new board members) and when it comes to LGF and their content they are prime time for a consolidation play. Your sell seems a little irrational given the pipeline and potential going forward.
I've owned LGF shares for over 10 years and I remember when Twilight and Hunger Games came out there were a lot of skeptics who panned the material. The bottom line is that audiences can be fickle at times and no one for sure know what the next big franchcise will be.
In the meatime LGF is preselling to minimize downside and still provide a steady stream of revenue. I am looking at posts that slam I Frankenstein (production budget 65M and worldwide gross 71M) and the Last Witch Hunter (product budget 90M an worldwie gross to date of 98M). They are also making money off a SVOD and DVD sales. Yea we can say they were domestic bombs but in the long run they are stil making money.
The old addage you can't still second base with both feet on first applies to the LGF management team, None of the Big 6 produced and all original franchise in the last several years like LGF did with the Hunger Garmes. LGF stole second by taking a chance just like they did most recently Sicario, Are there going to be flops along the way - sure (but the LGF management team) specializes is getting concessions from filming locations and preselling foreign distribution to minimize risk.
Every action the LGF management team is taking will add to their bottom line in a big way over the next few years as their content library grows and their relationships with those needing content grows.
should have sold the Jun 47 covered calls yesterday! What's happening now is the set up for the endgame.
The dream lives on. Big players are doing their financial engineering. It's ovious the company is in play. There are 3 other media CEO's on the board and a lot of deals (distribution, relationship building) in the works. Big slate of movies coming out over the next year and a lot of companies are eyeing LGF.
the company is in play and there is a lot of financial engineering going on with the major players. Near term we are pegged to a cap of 39.02 (thru Nov 18) which is the secondary price and yes we can go lower. Looking out the company is prime time with their content so they will grow internally with all their new found board members or be taken over by the highest bidder.
39.02 through Nov 18.
One day you will have the ability to see the forest from the trees - but it is obvious that day is not today. Good luck with your other holdings.
John - we got the short term 10% pull back I was looking for. It will be interesting to see if the DIS and Liberty stakes peg this to 40 waiting for the next catalyst.