After 300+ days of holding this when it hit my average share price today I sold. I prefer CNK, but really figured IMAX would have done better. The market is to high for me, i dont love this stock, and could use the money...very easy for me to sale today.
I want to say it deals with size and locations. CKEC normally does smaller areas / screens.
I have nothing to prove that theory
This is a much easier stock for me to earn compared to our Imax crazy beta high low dumbness.
We will see how earnings do on an presidental election day...
You could tell when the news about his buys came out today, very flat day and than a boom up.
The more he buys the less shorts should hold.
I know the volume is crazy low, but something is odd to beat earnings and be down over 2% when numbers are good on headlines...
I saw the headlines but will have to wait for the call...Can't listen live at work on a monday morning...
Hey, look the stock is back around the level it was pre shooting...
I actually picked some up shares when you said short it (missed the final low some) but it was a nice panic trade for me.
I still feel horrible this event happend...
I need something postive to think about today...
CNK has beat earning est for last 7 reports, im going to say friday will be 8.
Now if this terrible market was better :(*
Looks like it did 43.5m (usa midnight)and imax got 2m of it. Roughly 2-3%?
Those numbers dont seem right to me.
First all that's closer to 5%.
Secondly the most Imax can do is sell out and run at capacity
1: it was a honest math mistake ... next time ill use a calculator
2: Thats cool, It just seemed low, but that was explained to me why.