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IMAX + Spiderman 3 = IMAX a good buy next weekIMAX + Spiderman 3 = IMAX a good buy next week
alexio senchez said: "I think that I will buy into IMAX stock sometime mid next week as Spiderman 3 will be released April 4th. Judging by the chart patterns of the week "300" was released, it should rise by at least a $1 getting close to and after the weekend. This movie will be a huge hit. I'm driving one hour south to catch it at an IMAX theater.
- alex"
Pb3190 said: "I hope you mean May 4th, because April 4th has come and gone..."
alexio senchez said: "[QUOTE=Pb3190]I hope you mean May 4th, because April 4th has come and gone...[/QUOTE]
Yep, I meant May 4th. Thanks for catching that :th_dblthumb2:
- alex"
Harry said: "alexio, I may be wrong but IMAX looks like a dog.
Correlate past stock movement with movie releases. There's no apparent benefit to buy this stock now. IMAX does distribute this IMAX movies, they do conversion of movies, and they lease (not own) and sell IMAX equipment.
[url]http://library.corporate-ir.net/library/11/118/118725/items/235213/10-K%20December%2031,%202005.pdf[/url]
I don't see profits from Spiderman "merchandizing" or other "merchandizing" from other movies in their report unless I missed it.
IMAX as a company that appears to have issues."