$10-12 stock priceCiniplex..CGX is a $10-12 stock short term. You cannot replace movie theatres. Just like you cannot replace cruise lines or hotel properties on key real estate.
Despite current closures...Ciniplex has nowhere to go but UP...ample funds to ride pandemic.
AND...despite the Cineworld takeover not happening now...it is widely agreed that a new suitor could come and buy CGX out...especially being down from January 2020 stock price of $34.00
Bottom line....Upside so much greater than dowmside.