Zack Miller

IMAX Accounting and Legal Woes Make It a Sell

I've been following your take on IMAX and have liked what you have said. I agree -- I think there is an underlying company definitely worth more than what it's trading for right now. Clouded in an array of bad news, it's like the perfect storm with no short-term catalyst to make it stop going down, let alone go up. I've puked it and am just getting out of the way until it settles. Once it does, I think you have a very interesting value play.

IMAX Plunge Presents a Buy Opportunity

Travis,
Any idea why the stock is getting hit so hard today?

IMAX Plunge Presents a Buy Opportunity

LT has a good point. IMAX has not done a good job articulating their long-term strategy and how/when digitization plays into it. Combined with an SEC inquiry, it's definitely being punished for it. Good opportunity for PE to pony some money up and perhaps play into the "JV" structure the company has been talking about. It's possible that there is a deal -- just lower.

When everyone thinks the stock goes to 0, more times than not it doesn't.