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S&P 500: 1,317.11 Change: -0.21%
Nomadamon
P&P Score: 3.21   Points: -70.40   Accuracy: 69.44%   Average Pick Score: 0.76   Annual Return: 27.50% (92.37% since 1/16/09)  

Nomadamon's Blog : 2010 -- the Year of the 3-D Movie Experience

Date February 10, 2010    Comments Comments (5)    Rate this post Recommend This Post (101)   
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Within 5 years nearly all movies in the theatre will be 3-D. Maybe by then we won't even need the glasses! And IMAX is the industry leader in 3-D widescreen technology. Late last year they started offering Imax in theatres in China. They expanded to Russia this month.

My prediction is that the stock will double by the end of 2010, target price $24.
Tags : IMAX   3-D MOVIES  

5 Comment(s):

Author frankbean     Date February 11, 2010 07:08  Edited: February 11, 2010 by frankbean Abuse this post Report Abuse
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Maybe but this pig has increased from $3 dollars and now you tell us about it at $12 dollars >?

Not only that it appears there is distribution happening in the stock - see chart. This company hasn't made any money in the last four years. China and India won't pay big dallahs to watch 3D.. okay maybe once and then the novelty wears off.

Finally the darn thing has little to no growth and trades at 7.5 X their sales - What are they also curing cancer ?

Looks like a pig to me, I could be wrong, but I would go with something that isn't trading at more than 2X sales.

No offense.....

Owl
Author MightyMo     Date February 11, 2010 07:32  Edited: April 15, 2010 by MightyMo Abuse this post Report Abuse
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nomadamon

IMAX is one of my top 10 stocks listed on my website. link is:

http://mightymo-market.blogspot.com
Author rjm77me     Date February 11, 2010 08:55 Abuse this post Report Abuse
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Caution is the word - will be buyer on pull back.Stocks once catch momentum do stay hot for extended length of time
Author MightyMo     Date April 15, 2010 16:52 Abuse this post Report Abuse
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Owltrades

Don't you watch movies..IMAX, DISH, and DTV comprise a hot sector.
Author Nomadamon     Date April 15, 2010 16:57 Abuse this post Report Abuse
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I guess to an Owl everything looks like a pig. Well I like bacon and this pig's getting fatter!
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