$CIDM - Will history repeat itself? 2 years ago CIDM traded around .70 per share, just like today. A few days later, Bob Ross came to Cinedigm, and the stock proceeded to climb from sub-$1 to $6, in the following days.
This month another icon is set for a channel launch that is exclusive to Cinedigm...ELVIS!!! We'll see what The King brings. Obviously, it's a much different market than 2 years ago...especially with everyone being at home, and a streaming boom.
CIDM has a higher O/S now than in 2020, but fundamentally they are very much improved - having essentially no debt and having posted several consecutive earnings reports showing that they are operating near breakeven. $3, $4, more? Time will tell.
