My idea to buy Lionsgate (LGF) in anticipation of a ramp in the stock ahead of today’s opening of Akeelah and the Bee has provided only a 2% return. Not bad, but less than I expected. I’ve looked over a couple of predictions for the opening weekend and the numbers are just $9 million. I […]
I used yesterday’s early weakness in the market and in the shares of Regal Entertainment (RGC) to initiate a meaningful though not quite full position. The headline numbers looked like a slight miss with EPS of 9 cents and revenue of $585 million against expectations for 11 cents and $602 million. EBITDA hit expectations, however, […]
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