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S&P 500
5,221.42
(
-0.02%
)
US TECH 100
17,716.80
(
0.19%
)
Dow Jones
39,431.51
(
-0.21%
)
Brent Oil
83.19
(
-0.03%
)
Bitcoin
62,660.85
(
-0.39%
)
Post# of 376163
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MiamiGent

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MiamiGent

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Re: None

Monday, 08/14/2017 5:11:36 PM

Monday, August 14, 2017 5:11:36 PM

Post# of 376163
IMAX Short Play
Free falling on fear of digital disruption to theatre model with straight to VOD (video on demand).
At a minimum, studios are determined to shrink the window of exclusivity theatres now enjoy.
IMAX decelerating earnings is doing nothing to dispel fears.
Trailing P/E at 135 is too high for dismal growth prospects.
It's ok to join a play in progress- confirmation is gained from the chart.
http://stockcharts.com/h-sc/ui?s=IMAX
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