This should be the sixth day In July with volume coming in at less than a million shares traded. Normally, 1.6 million shares are traded each day. "No sellers?". True. Equally true would be "no buyers". Interest in this stock appears to be waning. Next decent size movie release is not until mid August. Next big movie release is not due until November. No catalyst to move this stock at the present time. It may mirror the overall stock market for a while.
Twenty minutes after Mondays market open, the Dow is up 140 points and LGF is down a penny. Is there anything meaningful about the lawsuit filed late Friday afternoon, or is LGF just taking another breather?
Real mature reply. Your posts say it all. You are not a credible poster.
It has everything to do with it. You are a name caller posting religious beliefs on a CLF message board, and you are not a credible poster.
On July 2, LGF traded as high as 29.85. On July 10, LGF traded as low as 27.46, an eight per cent drop in eight days. Any thoughts as to why such a sharp drop in so few days with no apparent news?
LGF is down over three and a half percent at midday, and the volume at "halftime" today was as great as Mondays total volume for the day. I see no news re: LGF, or any industry news for that matter. What am I missing here?
Does this ruling have any effect at all on content providers?
Think of the start of a Disney movie. The first thing that shows up is Disneyland's castle. You immediately know who's movie this is. Universal movies? The earth rotating. Paramount? The tallest snow capped mountain. MGM? A roaring lion. 20th Century Fox? Moving searchlights. In each of these, you know the studio just by the image, before reading any words. Lionsgate? The word Lionsgate and a bunch of clouds. The clouds are similar to DreamWorks at the start of their movies. Summit? A vague one line drawing of a mountain. Reminds you of a larger movie studios introduction to a film. The problem for Lionsgate is that MGM has a lion and has for many decades. The problem for Summit is that Paramount has a mountain and has for many decades. I believe it's time for the creative types at Lions Gate Entertainment to come up with more distinctive beginnings to place at the start of their respective movie franchises. Image is important in the movie business.
Cliffs today is a breakeven play in iron ore. Earnings estimates for 2014 and 2015 show Cliffs basically breaking even, due to lowered iron ore price estimates. The question is, does Cliffs have the ability to stay solvent for the next three or four years, as iron ore prices will eventually rise?
Yahoo Finance has the five year growth rate at 17.5% for LGF. Value Line, thinking five years out, has a price target of 35 to 55. Standard and Poor's has a price target of 37. LGF's 52 week high is 37.81. Yet the stock today sits at 26 and change. Is LGF undervalued, or am I missing something fundamental that caused the stock to decline eleven dollars as the indexes are at all time highs?
skittle: shouldn't any surplus money be used to pay down Cliffs debt? As you know, recent articles about Cliffs mentioned they might have to delay upcoming debt payments .
skittle: in an earlier post you stated iron ore would not be in an equal supply/demand situation until 2020. If that's the case, why would anyone want to be in a relatively high cost iron ore producer like Cliffs?
I saw a black van earlier today at Burger King. Guess I should buy some Burger King stock, as seeing a black van must mean a buyout is near.
surf: you believe a post by solar that says "according to my sources"? And his later reply to his own post says "my people are sitting in a black van in a parking lot". You've been spoofed. Admit it.