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IMAX Corporation (IMAX)


NYSE - NYSE Delayed Price. Currency in USD
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27.00+1.20 (+4.65%)
At close: 4:01PM EDT
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  • Ekave, you're still here?
    As a loyal long from $10 to $30, I dumped this in 2014 and it was the best move I ever made. While IMAX has been dead money (or now even worse) for 2 or 3 years now, the markets have gone buck wild.
    Though I am convinced that IMAX has industry-leading technology, their management is terrible. They are self-serving. Performance hasn't been tied to compensation - EVER and they've not demonstrated meaningful top line or bottom line growth for years now, while screens have tripled or more during that time. Ekave, you're in blind love with this stock, my friend. I used to be a regular on here for 5 years and you're the only one that's left. The rotund one (Gelfond) and his cronies must go before I'll ever invest in this again.
  • Cry and complain all ya want. IMAX rules in theatre technology Worldwide, the one and only. We wont see a great movie without it. Pirates was astounding and many more to come. Waiting for price to drop if possible.
  • Seems like the pump at JP Morgan did not go well...the fundamental issue is , the mgmt lost all the respect and trust from the markets..their agenda and intentions are fully exposed !! Selling/Dumping stock at every opportunity even when the financial performance is declining does not inspire confidence!!!
  • 9 out of 10 days..the stock was in the red and it dropped from $34 to $26 in a short span. That is almost a 25% decrease..Horrible..If the mgmt has any sense of shame and integrity they should quit or if the oversight organizations like SEC have any teeth, they should look into all the insider selling and deals.
  • Is this a 'Dead Cat' bounce?
  • IMAX management lost all credibility with markets. Anything they say is shorted to demonstrate the loss of credibility.
    The loss of credibility is not just due to financial under performance , it is also due to the hypocrisy and the contradiction between their words & actions. Pump in public/media ..sell in private, Buy back with public/shareholder money , sell for personal Profit!!
  • I am sure class action lawsuits will follow but the insiders are past masters at dealing with those. They have navigated those waters when SEC investigated for potentially cooking books and the stock price tanked to $2.
  • Just remember ...Greg foster dumped quarter Million plus shares prior to this carnage and other insiders dumped as well consistently..what do you think? Analysts pitched in with their help as well...Cramer's upgrade was the big warning 2 years ago and Roth's upgrade sealed the direction of the stock. There were other analysts pumping in between of course!!
  • Longs , you know what the most horrible thing would be for us!! If the insiders , invested all the cash they sucked out of imax into stocks like FB , AMZN, GOOG , AAPL etc!!
  • One🌱needs🌱to🌱be🌱slow🌱to🌱form🌱convictions,🌱but🌱once🌱formed🌱they🌱must🌱be🌱defended🌱against🌱the🌱heaviest🌱odds. http://dataunion.tistory.com/6704

    MAY-2016 IMAX Corporation NYSE : IMAX Correlation Histogram
    X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.8 In other words, the correlation coefficient of the other stocks
    dataunion.tistory.com
  • Sorry, but still here holding my position. You may be right but, right now, I am holding as nothing in my investment thesis has changed. the disruption of Cinema, and it's very recent offspring, the multiplex, is happening in slow emotion as opposed to others. The capital intensive nature of Cinema make it move slowly with real estate being such a
  • Markets move up and the POS moves down!!
  • Another insider sale even as the stock is tanking!! We have to understand that the insiders are shareholders too and this is what they truly meany when they say they are committed to returning value to shareholders. Problem solved!!

    https://www.sec.gov/Archives/edgar/data/921582/000121465917003489/xslF345X03/marketforms-38845.xml

    SEC FORM 4
    www.sec.gov
  • I always wondered what would be the state of POSMAX if the market tanked..now, i do not even want to know!! When criminals have the keys......
  • More institutional selling....Longs..seems like the insider dumped and jumped considering their current holdings.The insiders/mgmt can pump all they want , markets see them for who they are. They exist only for themselves..Company and shareholders be damned!!! You just have to review history to understand what they are capable of!

    https://www.thestockobserver.com/2017/05/20/wells-fargo-company-mn-lowers-position-in-imax-corp-imax.html

    Wells Fargo & Company MN Lowers Position in Imax Corp (IMAX)
    Wells Fargo & Company MN lowered its stake in shares of Imax Corp (NYSE:IMAX) by 20.3% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 715,334 shares of the company’s stock after sellin
    www.thestockobserver.com
  • Really funny to see eKave losing it all of a sudden. What happened to that super special aspect ratio that was going to propel this stock to the stratosphere. eKave is a classic example of the person who fell in love with one of their investments and just cant admit they were wrong. This thing stopped growing in any meaningful way YEARS ago and its valuation is ridiculous as I've been saying for several years on this board. But anyone who can read a basic financial statement should have been able to also come to that conclusion.
  • Climbing in cents and dropping in dollars!! Imax insiders' activity represents the underbelly of Wall street and all that is reprehensible about the practices to the detriment of retail investors.
  • Shift , the cycling experiment, in Brooklyn shutdown and Home theater system is a question mark!! There u go!!
    Portable IMAX , Home theater , Shift system, Sports live..all of the stupid hype which helped insiders sell are dead now.

    VR and Laser do not seem to have any financial impact and again more of hype..scratch that!!

    Theater and related revenue...flat/stagnating with declining EPS.
    That longs is the summary of IMAX story.

    Also , did anyone notice that IMAX cash balances are declining!!
  • Selling galore!!
    Chinese investors sell all
    Kalmar Investors reduce stake worth $23M
    Greg Foster sells .25M Shares during Q1
    Many insider sells
    Seems like the trust in IMAX mgmt is at historical lows..better late than never.

    And now....
    https://www.chaffeybreeze.com/2017/05/18/imax-co-imax-position-cut-by-teachers-advisors-llc-updated-updated-updated.html

    Imax Corp (IMAX) Shares Sold by Teachers Advisors LLC
    Teachers Advisors LLC decreased its stake in Imax Corp (NYSE:IMAX) by 16.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 570,721 shares of the company’s stock after selling 111
    www.chaffeybreeze.com
  • Question of the day?? How can the managements who cheat their investors and benefit be punished?? One would expect SEC to do it but it is really not possible to bring to book those who know how to play the game!! Ethics , correctness , morality , broken promises & public statements , contradiction between Insider vs Company financial returns is just not enough to ensure justice!!!