7/14/2005


DO THIS RIGHT NOW

BIG BIG MOVIE NEWS: From the very beginning of the medium movies were movies because the experience of seeing one was unique in all the world. There was nothing like it and people just HAD to see them. Well IMAX is about to change movie going habits THIS WEEKEND. The Johnny Depp Charlie and the Chocolate Factory is going to open nationwide in IMAX, and it will be the unique experience that audiences will not be able to get on DVD or conventional theatres. Watch this because it's going to explode. Buy IMAX stock? I haven't looked at the company (balance sheets, debt, profit record) but the fucking chart looks like a classic buying opportunity on a breakout from a cup and handle formation. It has built a base over time and this break into a new market is absolutely something new in the company. They are also constructing new theatres in multiplex zones, AND IF the resulting experience is truly an IMAX one, you have to look at this. If you are a serious player take a look at this stock NOW; even better, it's a $10 stock. DO NOT WAIT, if you're going to do it, investigate the company over at IBD (if you don't get the paper you aren't a serious player) and DO IT NOW. Here is a link to some stuff on IMAX, but i don't know the source so don't buy on info in this piece only.

As an aside, I touted Apple a while back and some of you slammed me: they reported record profits yesterday and the stock is flying to Mars this AM. Stock symbol: AAPL

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