RE:RE:RE:RE:RE:good newsBodiggity - I hear ya but you aren't looking at what happened last year at this time.
Last mid-December, the stock popped on news that Cinemark were going to do 80 screens. Also, they had Gold Finance Group come in with a .45 cent private placement offer. Stock went to .39 cents.
It did not go up because of Star Wars effect.
In fact, after the release of Star Wars, and everyone saw how well it performed, the stock tanked off from .39 to .26 cents all the way until Mid-February before it started its big run.
When the stock quickly tanked off, it went down on very low volume, and it almost seemed as if the market shrugged off that they signed a big deal with Cinemark and the private placement done at .45 cents (much higher than market prices)
My point is that a) Star Wars last year did not make the stock go up....it actually went down during the 2 weeks in December it was showing,
b) The stock went down last year at this time on LOW volume.....that's what you want to see.....you want to see these slight downside moves on low volume.....means there may be sellers but not many.....that's consolidation.....that's what you want before a stock runs back up....it gives it that much more price support the longer we stagnate here.
You honestly think they have bad news coming? Like what? That Cinemark is going to cancel all D-Box seats after having a stellar year with them and installing more? Or they going to say they are near bankruptcy when they have cash in the bank? Or they have decided to not do this anymore and become a gold miner? Like what bad news could even come? We know how well the seats perform at the theater.....we see more theaters buying more....we see old customers not getting rid of the seats......so give me any example of bad news, short of the CEO croaking. (God forbid).
You have seen many penny stocks before sell off like crazy because they are penny speculative stocks.....but we don't have to speculate anymore....this product is proven and growing.
I may be wrong about there not being any bad news possible, but I just can't think of anything at all.