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No kidding. One of the worst intentionally suppressed and manipulated stocks I've been in like ever. Actually it's pretty disgusting imo.
Earnings Release date:
From Seeking Alpha
Earnings spotlight: Wednesday, July 14th:
Bank of America (NYSE:BAC), Citigroup (NYSE:C), Wells Fargo (NYSE:WFC), Delta Air Lines (NYSE:DAL), Cinedigm (NASDAQ:CIDM).
Press release said we are virtually debt-free well I do not know what there version of debt free is but it took 1.5m to move the dillutor
5m vol and ot can't even move 2 cents lol
CIDM - Institutions Buying Mass Amounts Of Shares
Cinedigm says $2.2M PPP loans are forgiven; stock builds to 8% gain
Jul. 08, 2021 11:50 AM ETCinedigm Corp. (CIDM)By: Jason Aycock, SA News Editor
Cinedigm (CIDM +8.3%) says it's received forgiveness of $2.2M of loans it received through the COVID-19 Paycheck Protection Program.
The Small Business Administration approved the forgiveness of the loan in its entirety, East West Bank tells Cinedigm.
"We are very pleased to receive the notice of forgiveness of our entire PPP loan and associated interest," says Chief Operating Officer Gary Loffredo.
"We remain grateful for the financial support that the CARES Act provided in response to the COVID-19 pandemic. This helped Cinedigm move into a very solid position now financially with virtually no debt and a fast-growing streaming business," he adds.
Earlier, the compny announced three of its channels were now available on YouTube TV.
man whos got their boot on the neck of this thing?
Got a good feeling they'll be debt free if not already. Boom...
Yes IMO it should…. Can’t fight the algos it seems… I am fully loaded and hoping for good ER and outlook
And it should be there already imo. Buy the dips still in play here.
I would be more then happy with 3$ for a start ;)
Continuation of algos and continuations of consolidation here. Should have earnings this week and forward looking clarity. May have a zero debt free operation here as they were almost out of debt months ago. A spring board move from here should ramp up past 5 and marginable.
Watching the Times and Salkes and constantly scores of trades all stamped same time. whether large block or small blocks. Can't be separate orders being executed. And this is even when the bid size is large.
Thank you. They keep moving the dates on TD Ameritrade so thought I'd ask here. Nothing officially stated by corporate.
From Market Beat.Com
Cinedigm has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Monday, July 5th, 2021 based off prior year's report dates.
LOS ANGELES, CA / ACCESSWIRE / June 30, 2021 / Elvis has re-entered the building through a new streaming deal with Cinedigm (NASDAQ:CIDM), in partnership with Elvis Presley Enterprises. Cinedigm, the leading independent streaming company that serves enthusiastic fan bases, announced today the upcoming launch of an exclusive ad-supported (AVOD) and linear streaming service, The Elvis Presley Channel. The Elvis Presley Channel will be comprised of Elvis Presley archival content and specials, as well as musical content from some of the most influential rock ‘n roll artists that inspired the music industry.
Expected to launch early 2022, Cinedigm is planning to make The Elvis Presley Channel available in the United States and Canada for linear and AVOD platforms on connected TVs, digital set-top boxes, media-streaming devices and the web. Cinedigm plans to distribute the programming across the broader OTT landscape to its vast network of leading distribution partners in the streaming space including Samsung, Pluto, Roku, Hulu, Amazon, Tubi and many more.
"There are few individuals more iconic than Elvis Presley, he transcends time, genre and medium," said Erick Opeka, President of Cinedigm Digital Networks. "The opportunity to build a branded channel around Elvis opens up streaming possibilities to an entirely new demographic in the fastest-growing segment of the ad-supported business. The channel will allow a whole new audience to experience Elvis, while also giving his fans a more in-depth look at their idol."
"We are thrilled to partner with Cinedigm to launch The Elvis Presley Channel," said Marc Rosen, President, Entertainment, Authentic Brands Group (ABG), which owns Elvis Presley Enterprises. "The Elvis fandom is incredibly passionate, and Cinedigm is best-in-class when it comes to serving fervent fan bases."
The launch of The Elvis Presley Channel continues Cinedigm's expansion into the legacy icon space which began last year through the extremely successful launch of The Bob Ross Channel. Showcasing memorable moments and incredible paintings from the long-running public television series, the channel features over 350 classic episodes and delivers hours of quality entertainment that offers enjoyment to the whole family.
Cinedigm plans to feature continual Elvis programming with exclusive specials and documentaries including Singer Presents…Elvis (the '68 Comeback Special), Elvis Aloha from Hawaii Via Satellite and Elvis by the Presleys on The Elvis Presley Channel. Additionally, Cinedigm is planning to tap into the archives of legends such as Johnny Cash, Roy Orbison and more. Many of music's most iconic locations will be on display, with specials highlighting impact cities like Memphis that helped shape rock ‘n' roll, as well as general music documentaries. The new channel will provide viewers an intimate view into the artist that defined a generation with exclusive films, specials, and documentaries. The Elvis Presley Channel will also give fans a chance to watch rare home footage from the Graceland Archives.
The deal was negotiated by Josh Thomashow, Executive Director of Acquisitions at Cinedigm, and Andrew O. Miller on behalf of Authentic Brands Group (ABG).
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Nibbling on both, given the potentials. CIDM is a great price, BRSE is cheap. With the inked distro. deal between the two, maybe it'll be a case of "a rising tide raises all boats." GLTU/A
https://www.prnewswire.com/news-releases/broadside-enterprises-inc-otc-brse-announces-worldwide-digital-content-distribution-deal-with-cinedigm-corp-nasdaq-cidm-301299707.html
I cant believe all this has going for it the SP should be north of $5.
CIDM's now carrying low-floater BRSE/MonteCristo independent films (world film events presence). CIDM/BRSE worldwide digital content distro. deal. Cinedigm expanding its offerings.
https://www.prnewswire.com/news-releases/broadside-enterprises-inc-otc-brse-announces-worldwide-digital-content-distribution-deal-with-cinedigm-corp-nasdaq-cidm-301299707.html
$CIDM
$BRSE
CIDM - WALLSTREETBETS WATCHLIST
WALLSTREETBETS WATCHLIST
Let’s see a nice Friday eod push
Excellent. That should get this moving.
Cinedigm (CIDM) will join the Russell Microcap Index following the 2021 Russell indexes annual reconstitution, effective June 28 after the U.S. market opens.
Cinedigm Partners With Music-Television Linear Cable Network 'The Country Network"' To Expand Reach Through Aggressive Streaming Distribution Strategy
Today 9:31 AM ET (Benzinga)Print
Cinedigm (NASDAQ:CIDM), the leading independent streaming company super-serving enthusiast fan bases, announced today a partnership with The Country Network, one of the country's top music video linear cable TV networks, to accelerate its growth through an aggressive streaming distribution strategy. The Country Network, which is currently distributed on cable & OTA systems in more than 51 markets and 40 Million DMA households, features original series, intimate concerts and country countdowns from many of today's top artists. The partnership with Cinedigm will expand the channel's footprint across the exploding streaming ecosystem via the creation of FAST (Free Ad Supported Television), AVOD and MVPD offerings for distribution via connected TVs, digital set-top boxes, media-streaming devices, as well as the web. The Country Network streaming channel is the latest addition to Cinedigm's vast roster of enthusiast channels and services currently live across the broader OTT landscape on distribution partners including The Roku Channel, Pluto TV, Samsung, TCL, Vizio and many more.
"Country music has one of the most engaged demographics across the medium," said Erick Opeka, President of Cinedigm Digital Networks. "As chord cutting continues to happen, Cinedigm is partnering with The Country Network to expand its reach to a very enthusiastic audience. Music has been at the forefront of digital consumption for decades, so it's only natural for the channel to take its next step in the technological evolution of streaming. We're thrilled to be stepping in at this important moment as we help broadcast and cable networks expand into the fastest growing segment of the ad-supported business."
"We are excited to partner with such an innovative streaming company as Cinedigm" said Tim Eaton, President & CEO, The Country Network. "Following the footsteps of Cinedigm's history with quality entertainment, TCN takes pride in the high quality of our content. We record our original shows in 4K and sweeten all the music for a dynamic customer experience. Working with an industry leader like Cinedigm, places TCN in a position to expand the family of viewers while delivering a high-quality entertainment network."
Fans of country music are the highest consuming per capita demographic; with consumers listening to nearly an hour more of music every day. The versatility of streaming has allowed The Country Network to break away from traditional country music markets and has found fan bases across the country, including major metropolitan areas like Los Angeles and New York. With increasing popularity, The Country Network has been able to cultivate new original programming, while continuing to delight fans with hours of country music daily. The Country Network has a very loyal and enthusiastic audience that spends 3.6 hours on average per session watching the network.
The channel provides viewers with an intimate look at todays' country superstars, along with up-and-coming acts to watch, as well as devoted blocks of their favorite music videos. In addition, the channel features specials with Hollywood superstars like Kevin Costner and stand-up comedy from the likes of William Lee Martin. With thousands of hours of programing available, highlights of the channel include:
Top 20 Countdown
Live at Margaritaville
Sunday's Kind of Country
Reel Water Cowboy
Kevin Costner & Modern West
Stand Up Dad with William Lee Martin
An innovator in the digital transformation of the entertainment industry for more than two decades, the deal continues Cinedigm's core mission to entertain the world by building the world's best portfolio of enthusiast channels and services for the streaming generation. Through a diverse mix of premium SVOD services and dedicated AVOD and FAST channels, Cinedigm's streaming portfolio reaches indie film (Fandor), horror (Screambox & Bloody Disgusting) and family entertainment (Dove Channel), as well as dedicated channels for iconic entertainers, led by Bob Ross (The Bob Ross Channel). Cinedigm's ultimate goal is to build destinations that immerse viewers in content they love while staying at the forefront of technology as the streaming industry continues to evolve.
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Never ending algos and manipulation. Text books could be written on this one.
Yeah, not so much fun to watch at the moment. But I guess that will change soon
Fingers crossed
Hope so. The algos kill every attempt at break out
Danke! Das selbe für dich
Ach so, viel Glück
So schaut’s aus ;)
That‘s not correct.... another guess? But true, have autocorrect to habe is German. But there is not just one country wich is German speaking
I habe the felling u german
Oke wenn you habe da feeling
I habe a feeling we will move like ATOS into the ER end of month here with CIDM
Still less than half of intrinsic value here. A very long accumulation campaign still on going here. Long term values is north of 10 dollars on buyout IMO. Buy and hold here.
CIDM with String market over all, let‘s see a good day here today... would love to see above 1,60 today ;)
Yes indeed... but I am happy we did hold above 1,40... hopefully move above 1,50 today. So it would have been an „ok“ week
And the manipulation continues. Absolutely criminally incredible.
* * $CIDM Video Chart 05-26-2021 * *
Link to Video - click here to watch the technical chart video
$CIDM partnering with low-floater BRSE. Merged BRSE/MonteCristo Int'l: film sales/distrib @ major world film fests; flying under the radar; tiny 4,074,418 float. Nibbling on both. GLTA
https://www.prnewswire.com/news-releases/broadside-enterprises-inc-otc-brse-announces-worldwide-digital-content-distribution-deal-with-cinedigm-corp-nasdaq-cidm-301299707.html
Well IMO is under accumulation and manipulationhas been evident. Having said that this is a base minimum 3 dollar stock for starts. The recent press added that they'll be added to android and Roku as well. I can see a take out at 9-12 but with zero debt and increased subscriptions and revenues, why even sell. My projectionsare probably way off to the conservativeside. Either way I'm here for at least a year or 2.
There it just happened... let’s see what’s after 1,40
Yeah just crazy!!! Looking good right now with a beautiful bullsflag on today’s chart.... my hope: breakout up north through 1,40 and maybe run up above 1,45+ close
But we still at CIDM , the stock wich gets manipulated like no other lol
And when you add the massive volumes it doesn't add up. Algos at workf for sure but just over the top suppression. From today's action I get the sense that the majority of the float has dried up. If this isn't collusive buying I don't know what else to say. Predatory to the 9s IMO.
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