Quote:
Originally posted by Serge_Oprano@Jun 17 2004, 10:58 AM
I bought MVL today at 19.12.
1) they paid off their debt early and now debt free with $150 mln on hand in cash
2) CEO was on CNBC today and cited possibility of stock buyback/dividend
3) short interest is rather large
4) Spiderman return is about to hit movie theaters
I anticipate the move to previous highs withing 2-5 months
will it happen? I'll let you know
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Probably a good play, it worked with the last Spiderman movie. I doubled my money in just a few weeks on that one and bailed.
I bought in about a month before spiderman came out....when the movie did such huge business and the studios snapped up the rights to just about all remaining Marvel characters, the stock skyrocketed.