Quote:
Originally posted by Serge_Oprano@Jun 17 2004, 07:58 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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I like 1, 2, & 3, but they all mean nothing without #4.
Its a matter of if you think the 2nd SpiderMan will do huge business where the sucess remains.
I don't know a lot about the movie biz, but I personally don't think for the most part sequels compare to the originals, except in prolonged series (Star Wars, Lord of the Rings).
I'm not a big movie person, but one example I can think of is the Matrix. I'm sure people can think of a ton of movies to counter this argument - I just don't know how willing I am to invest in a stock that relies on one movie for its success.
Are they coming out with any other movies?
Good Luck Serge, 1,2,and 3 all sound promising, its #4 that I worry about.