Collin

Spinning Off Redbox May Be Coinstar's Best Option

You said, "To lock in gains now, they could sell a majority of the shares and keep the proceeds to invest somewhere else."

I think we saw some sell-off happen today. As of 12:34pm (est) they dropped $4.89 per share. Volume avg around 300,000 was up to 1.9 million. I got a little dinged up by that. I sold at 37.79 the other day and re-bought at 35.75. I still think Coinstar is worth holding on to longer. Their revenues usually ramp up the last half of the year. Redbox isn't their only horse by the way...just the Ace. I think their 4th Wall strategy has a lot of potential.