Buy - Price 6.84 on June 20
by Morgan Joseph

The National Association of Theater Owners [reports that in five of] the last seven recession years, movie theaters' gross box office...increased; during/following the 2001 U.S. recession, U.S. GBO revenues increased 9% and 14% y/o/y in 2001 and '02, respectively, with average attendance up 4% and 11%.... Led by Wall-E and Wanted, studio revenues for the top 12 movies were $179.2 million -- up roughly 22% from the same weekend last year. Our 9 target is based [on] a 10 times multiple of enterprise value to our 2009 E-Ebitda. Some risk factors: balance sheet is highly levered. Market cap: $296 million.

Macke also recommended Imax (IMAX), although he said it has been a bit controversial stock.

No competition and improving financials

For a more speculative venture, he suggested Imax (IMAX). IMAX could benefit down the line when holograph technology is perfected.

From a recent Mad Money show:

"I've been wrong on this one. It's been moving, but I still won't recommend this one. "

up!

KRAMER GAVE ME ADVICE

inherited

long term

Insiders Kevin Douglas load over 5M shares....

INSIDER TRANSACTIONS REPORTED - LAST TWO YEARS
Date Insider Shares Type Transaction Value*
3-Aug-07 DOUGLAS KEVIN
Beneficial Owner (10% or more) 30,100 Direct Purchase at $4.90 per share. $147,490
3-Aug-07 DOUGLAS KEVIN
Beneficial Owner (10% or more) 39,900 Indirect Purchase at $4.90 per share. $195,510
2-Aug-07 DOUGLAS KEVIN
Beneficial Owner (10% or more) 32,250 Direct Purchase at $4.88 per share. $157,380
2-Aug-07 DOUGLAS KEVIN
Beneficial Owner (10% or more) 42,750 Indirect Purchase at $4.88 per share. $208,620
1-Aug-07 DOUGLAS KEVIN
Beneficial Owner (10% or more) 90,300 Direct Purchase at $5.02 per share. $453,305
1-Aug-07 DOUGLAS KEVIN
Beneficial Owner (10% or more) 119,700 Indirect Purchase at $5.02 per share. $600,894
31-Jul-07 DOUGLAS KEVIN
Beneficial Owner (10% or more) 30,100 Direct Purchase at $5.07 per share. $152,607
31-Jul-07 DOUGLAS KEVIN
Beneficial Owner (10% or more) 39,900 Indirect Purchase at $5.07 per share. $202,293
30-Jul-07 DOUGLAS KEVIN
Beneficial Owner (10% or more) 21,500 Direct Purchase at $4.96 per share. $106,640
30-Jul-07 DOUGLAS KEVIN
Beneficial Owner (10% or more) 28,500 Indirect Purchase at $4.96 per share. $141,360
27-Jul-07 DOUGLAS KEVIN
Beneficial Owner (10% or more) 10,750 Direct Purchase at $4.81 per share. $51,707
27-Jul-07 DOUGLAS KEVIN
Beneficial Owner (10% or more) 14,250 Indirect Purchase at $4.81 per share. $68,542
13-Jun-07 SPARACIO JOSEPH
Officer N/A Direct Statement of Ownership N/A
20-Apr-07 DOUGLAS KEVIN
Beneficial Owner (10% or more) 38,700 Direct Purchase at $5.04 per share. $195,048
20-Apr-07 DOUGLAS KEVIN
Beneficial Owner (10% or more) 51,300 Indirect Purchase at $5.04 per share. $258,552
19-Apr-07 DOUGLAS KEVIN
Beneficial Owner (10% or more) 21,500 Direct Purchase at $5.07 per share. $109,005
19-Apr-07 DOUGLAS KEVIN
Beneficial Owner (10% or more) 28,500 Indirect Purchase at $5.07 per share. $144,495
18-Apr-07 DOUGLAS KEVIN
Beneficial Owner (10% or more) 1,096,200 Indirect Statement of Ownership N/A
18-Apr-07 DOUGLAS KEVIN
Beneficial Owner (10% or more) 1,745,800 Direct Statement of Ownership N/A
24-Nov-06 VANCE JEFF
Officer N/A Direct Statement of Ownership N/A
24-Nov-06 VIVEKANAND VIGNA
Officer N/A Direct Statement of Ownership N/A
6-Oct-05 KEIGHLEY DAVID B
Officer 36,500 Direct Acquisition (Non Open Market) at $3.04 - $7.45 per share. N/A
4-Oct-05 KEIGHLEY DAVID B
Officer 2,200 Indirect Sale at $10.32 per share. $22,704
4-Oct-05 KEIGHLEY DAVID B
Officer 38,700 Direct Sale at $10.28 - $10.32 per share. $399,0002

bad management

Management botched the sale and the stock can't recover

I like movies

No demand here.