posted
The release made by the market maker suggests that this company is ready to hit $2.40 or better, in the near future. They make a huge deal out of the fact that the company has 8 properties in its entertainment pipeline. HOWEVER...you need to keep in mind that DISNEY, for example, has THOUSANDS of proprties, both in its pipeline, and its aftermarket cataloge...generates 11 figure income annually, and trades at a mere 18-25 range. "Pipleine" items, by themselves, do not, a higher per share price, make. This is a NEW company, that owns a few scripts, and has a few seriously has-been actors under contract to make its first movie. Lion's Gate Entertainment...as yet another example, is a successful independent film producer, who has only a year ago entered the television production market. THAT stock (Lion's Gate) traded at just uder $3.00, last time I checked. Cornerstone is a weak play, in my opinion...however, as an entertainment, entity, with a good PR machine...it will get some up and down play. SO...if your interests are long term...stick to Disney, and take the dividend.
------------------ Now THAT'S FUNNY!
BRV
Posts: 1 | From: Malibu, CA, USA | Registered: Oct 2003
| IP: Logged |