My final IMAX posting. An acquaintance, who is one of the top brokerage firm execs and stock analysts, emailed me the following:

....IMAX is controlled by a bunch of incompetents, hustlers, and liars. They have built a better mousetrap and cleverly placed it on a raft in the middle of the river, the one place the mice cannot possibly get to. IMAX has no real product, has been sold and leased to exhibitors who are nearly bankrupt, and IMAX itself has no capital to expand. The old consent decree which banned studios from owning theatres assures one and all that the technology that could actually revive the movie business remains in weak hands.

I think that means that without a takeover by a company with large amounts of capital, you can forget IMAX. Might be worth a shot because it's a ten dollar stock. A takeover could catapult the stock to thirty or so. Or maybe eleven.

My prior posts on IMAX are here and then here.