Daily Stock Opinions and Ratings

Opinions

Jeff Parent B. Eng. FCSI CIM I Max IMX-T DON'T BUY Aug 22, 2011

Charges looking really horrible. Support in July last year was at $13 and the stock is not that far from there now. If it breaks through that, he can see it going down to $10. You have to be very careful. Earnings reported in July was down 16%. Volume is still pretty high on the downside.

Jeff Parent B. Eng. FCSI CIM

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$13.860

Stock price when the opinion was issued

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PAST TOP PICK

(A Top Pick July 30/07. Up 30%.) Had a nice breakout in December. Now forming an ascending triangle. Thinks the stock still has some future.

PAST TOP PICK

(Top Short Dec 14/07. Up 20%.) Like it as DreamWorks (DWA-N) are going to start doing all animation in 3-D. Will probably pull back to $4.50-$5 so if you can pick it up under $5, it's a good deal.

DON'T BUY

Selling systems is a very lumpy business. Getting competition. Near the top end of its trading range.

BUY

Pullback is related to the general market pullback and this is possibly a good time to get in. 3-D has come on very strongly last year.

BUY ON WEAKNESS

No-brainer, looking back on it. The stability of revenue from movies is very good. There is a head and shoulders around beginning of May and it may be a warning.

HOLD

ROE is improving. Had a phenomenal run over the last 18 months. It is still a bit rich. Get it in the $12-13.

COMMENT

(Caller indicated directors are buying stocks with their $4 options and selling the stock at $15.) If this is the case, that is not a good sign. Still too expensive for him.

WEAK BUY

The managed to get a cheaper, easier to install IMAX system. You are buying installations. Can easily be deferred by cinemas.

BUY

The media and content delivery space has been very strong this year because you have seen good cash flow growth. It is sitting on technical support after a pull back. Prefers Cineplex slightly. Both are attractive. IMX is a more global story.

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Jeff Parent B. Eng. FCSI CIM I Max IMX-T DON'T BUY Aug 22, 2011

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