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Cinedigm Corp. (CIDM)

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
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1.6100-0.1100 (-6.40%)
At close: 4:00PM EST
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  • R
    RoyH
    Simply not true.

    https://www.sec.gov/ix?doc=/Archives/edgar/data/1173204/000121390021059466/f10q0921_cinedigmcorp.htm

    Page 30 covers the funds that are to be used for accretive acquisitions.
    Inline XBRL Viewer
    www.sec.gov
    Bullish
  • D
    Davis
    175M shares = 8750 shareholders of 20,000 shares each. I do not understand owning less than 20,000 shares at this price and holding for 3.20 plus.
    Just sayin !!!
  • A
    Alex
    I took a print screen of statistics page right after CIDM announced that they will bump outstanding shares from 170M to 275M by the end of the next year. Today outstanding shares rose to 175M: 1M added to floating shares, 4M stayed on the books. That supports someone's earlier post that they started offering employee options. 5M is ~3% of 170M and the stock dropped 8% today. Stock options add sellers (possibly holders), but definitely not buyers. With 100M shares more to be added, you do the math.
  • N
    Nick
    Let's look beyond the most recent results for one minute... Take a look at the quality experience of CIDM's four most recent new hires, including the one today. Their background is relevant and additive to the execution of the company's strategy. And if you take a look at the pay packages of their key exec's, their base salaries are not particularly generous. What is generous is their stock option/grants packages... which means the real payday for them comes from earnings growth... which means their incentive is aligned with ours. And, the way these exec's will grow earnings is by pushing more sales through their operational platform. They know that organic growth will take too long...so, they must acquire and they have a $50MM+ shelf filing ready to go for the right targets. News about an acquisition will be the fuel that takes us to $3 and beyond. I'm long this stock all the way to $10. McGurk's built a great team to get us there!!
  • K
    Kevin
    Most time a stock come down from 2.95 to 1.55 in a day or so I would more than fret. But now we gradual rise I see clear skies and smooth sailing ahead.
  • R
    Ringo
    All the numbers in Q2 were on the upswing, yet the pps is taking a steep hair#$%$ Doesn't really make any sense to me. Makes me wonder, exactly what were investors expecting?True, CDIM is but a guppy swimming in an ocean occupied by streaming whales like Netflix, HBO Max and Disney. However, no matter the biz, there should always be room for a smallish, well managed company like CIDM to prosper.To wit, one won't find too many publically traded companies in a relatively new type of business (i.e. streaming) increasing revenues and without any debt on their books. So, today's pps action is puzzling on any number of fronts.
  • R
    RoyH
    Checked the 10Q. Page 30 no dilution anywhere near the amount you are claiming. Shares that are authorized by shareholders for accretive acquisitions.
    Bullish
  • A
    Albion
    Can anyone explain if lets say Netflix or another big streaming company was to buy Cinedigm. What would happen to this stock then, is it always positive and would Cinedigm go up in price or down?
  • H
    Hacksaw
    Consolidated revenues were $10.1 million, up 41% over the prior year quarter, driven by several factors including the addition of new streaming channels, an expansion of the Company's distribution with new and existing Smart TV platforms, deploying new advertising technology from streaming partner Amagi, which had a material impact on the Company's advertising fill and CPM rates, and Digital Cinema equipment sales;
    Streaming channel revenues increased 139% over the prior year quarter;
    Ad-supported streaming channel revenues increased 208% over the prior year quarter;
    Subscription streaming channel revenues increased 73% over the prior year quarter;
    Total operating expenses declined 6% in the quarter versus the prior year quarter, primarily driven by lower depreciation and amortization expense in the Cinema Equipment segment;
    Adjusted EBITDA was $0.7 million in the current year quarter versus a negative $1.1 million in the prior year period, representing an increase of $1.8 million;
    Recorded a net loss of $0.3 million, or nil - $0.00 per share, versus net loss of $26.6 million, or $(0.23) per share, in the prior year quarter, an increase of $26.4 million or $0.23 per share.
  • L
    Lars
    The Company reiterates the recent long-term goals for the next 3-5 years:

    Targeting at least 50% annual revenue growth in streaming and digital;
    Growing revenue to $150 million through organic and acquired revenue;
    Increasing monthly viewers to over 40 million;
    Growing engagement to 1 billion connected TV Minutes from 0.5 billion per month; and
    Growing the content library to 75,000 titles.
  • J
    John
    Am I selling?????
    maybe later around
    $50.00
  • Z
    Zeelander
    Well dilution was announced. Ill stay long. Company already showed they pump money back into the business to expand. Cannot expand fast with the current profit. They trapped a couple of day traders, so be it.
    Bullish
  • D
    Dave
    So much irony in evan’s recent posts that it’s pure comedy. I see he has dropped the charade again about him contacting lawyers and leading a class action lawsuit and is back to full bull again calling out others.

    Won’t be long now until he goes on about some hidden information he’s heard about unethical behavior that makes him hate management even more.

    Just like I said he would. Rinse and repeat.
  • R
    Ringo
    Just can't seem to maintain momentum for very long. Thought when we went across $1.70 that $2.00+ was in the cards. But, alas, it was not to be. Good company, but a small fish in an ocean of behemoths. Thus gonna be an uphill battle for quite some time. Best bet for pps success is for one of those big fish to buy CIDM for $4.00 or $5.00. A couple of back-to-back quarters with encouraging results coupled with sunny guidance could do the trick.
  • E
    Evan
    an explanation of today's news. cinedigm is officially making a streaming app that compiles all their apps and content into one single application. that means cinedigm is actually competing against Netflix , Amazon, Hulu, and apple tv. the person who was hired today was hired to design an application that gives viewers access to all the cinedigm apps, bloody disgusting, dove, comedy dynamics, film detective.... all under one roof. it sounds like the app will have free and paid subscribers like Hulu, ads and ad free subscriptions. won't see profits until second quarter of 2022, but this could potentially be big. again , I love this company always have, I hate management and their financial decisions. but in regards to tech, this was a very big move.
  • K
    Kevin
    Gosh, I feel so sorry for those who sold at 1.55. After all, how would they be expected to know that yesterday’s 30% drop was oversold.
  • j
    jenjen
    oh my… hahahahahaha…. mho. jj
    jenjen 7 days ago $CIDM conversation still very true.... mho jj
    jenjen 6 days ago $CIDM conversation I’ve said it oh so many times from the $.xx to $2.xx you can make $$ on this stock while you wait for that $3… $5… or greater PPS by trading it! unlike some stocks that go straight up and crash this one is a build up level after level… for now… as it continues to appreciate in value… trading it is not for everyone but if you can….

    mho

    jj
  • E
    Evan
    what did I freaking say, that drop was so planned out, def some sort of collusion by some institutions to drop the price and now slowly bring it up. thank you for the $36k hit to my portfolio. on the bright side, usually means when it goes back up, it'll go higher than last time , so I'm gonna stay firm at my $3.25 price target by the end of 2021. $4.50 price target for Q2/Q3 2022.
  • K
    Kevin
    Guys, millions more shares gonna trade today, and they’re gonna do it higher; so wise UP ! Emphasis on / UP /if I have to draw you a picture.
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