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Bullboard - Stock Discussion Forum Cineplex Inc T.CGX

Alternate Symbol(s):  CPXGF | T.CGX.DB.B

Cineplex Inc. is a Canadian brand that operates in the film entertainment and content, amusement and leisure, and media sectors. The Company's segments include Film Entertainment and Content, Media, and Location-Based Entertainment. It offers over 170 movie theatres and location-based entertainment venues. In addition to being a film exhibitor, the Company operates Canada's destination for Eats... see more

TSX:CGX - Post Discussion

Cineplex Inc > $CGX awarded $1.24 BILLION !!!!!!!!!!!!!!!!!!
View:
Post by lovingu on Dec 14, 2021 8:36pm

$CGX awarded $1.24 BILLION !!!!!!!!!!!!!!!!!!

Should run hard at the open tomorrow
Comment by SIGG1 on Dec 14, 2021 8:51pm
I hope shorts get burnt really bad!!!
Comment by PlutusofCrete on Dec 14, 2021 8:55pm
Cineworld disagrees with this judgment and will appeal the decision. Cineworld does not expect damages to be payable whilst any appeal is ongoing. I've followed a lot of tech companies with court cases - endless amount of appeals really drag the situation out and hold back the big run up in share price. There's a chance Cineplex will pop tmrw and then fizzle out. 
Comment by Therealfox on Dec 14, 2021 10:35pm
There is always an appeal, but this is still good news. This combined with a big movies this holiday should move the stock
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