Cineplex Inc T.CGX

...BE PATIENT

[RANDMASTER]

 It may take to spring but by then the SP will be around $20,00.

They will not go under and the demand will be there when things finally open up again.

 

[BlueGuitar1]

You sound desparate and scared.   The reality is that there will be no shows in any theatres for a long time.  Any company can go under.  The shares are delisted and then new shares are created for the "new" company.  Old stock holders get nothing.  That is how it works.  

[Flyby1969]

This post has been removed in accordance with Community Policy

[gashole]

I agree cineplex survives... as for the roaring 20's it wasnt caused by the end of the virus, it was caused by the end of the first world war, rebuilding etc in Europe and even north america benefited. 

[Flyby1969]

This post has been removed in accordance with Community Policy

[gashole]

Are you doom and gloom everywhere you go? Sale of downtown headquarters and lease back gives them enough cash to ride this out. They are burning cash right now, but now have the liquidity to ride it out.. 

[ndiamond]

I agree -- CGX has the liquidity to ride this out and I expect a strong recovery in the theatre business and the share price. Copy of my previous post : RE:Going UP I agree.  Now is the time to buy CGX.   I have been adding to my position almost daily for the past 2 weeks.   I agree will see $20 to $30 again within 2 years. Theatre model was supposed to come to an