MOVI is no longer valid. It has changed to MOVIQ.PK

[kslifka]

MOVI  just keeps moving up.

[john b mcginnis]

I'm in MOVI since 1.92 for the last three weeks. I've got to love it! But, this is very volatile. It is going to take a nose dive. Don't know when. I'm posting the weekly chart. Notice the nose dive on Aug. 11th.

[kslifka]

I'm in MOVI since 1.92 for the last three weeks. I've got to love it! But, this is very volatile. It is going to take a nose dive. Don't know when. I'm posting the weekly chart. Notice the nose dive on Aug. 11th.

Well any stock has the potential to nosedive...but remember MOVI tanked on an earnings report. 
http://www.marketwatch.com/News/Story/Story.aspx?guid=%7b9966A9DE-FF7E-4EFD-825A-FB0FF6135433%7d&siteid=yhoo&dist=yhoo
No earnings report anytime soon to take it down.

[kslifka]

MOVI...Moving again.  I bought again this week at 4.25 and again at 4.55.  Sold it all today...because I had too.    Still Bullish. 


News has been good on this beaten down stock.

[ScottishTrader]

MOVI has been looking pretty strong this week after last week's pullback.  They announced that they are purchasing MovieBeam, which will give them a much needed digital delivery stream, allowing them to diversify somewhat from their core bricks and mortar business.  In addition to this, they also have refinanced $900M of debt, which they anticipate will generate interest savings of approximately $6M annually, which should add .19c to earnings annually.  Obviously, MOVI is a rebound story, and while the main concerns were that it had bit off way more than it could chew with its purchase of Hollywood and would be heading for bankrupcy, it seems that those fears are somewhat allayed.  However, MOVi have already indicated that they expect revs for 06 to come in slightly below the streets expectations, and anticipate Q4 revenues of approx. $661M (my estimate based on the last 3 Qs and thier 06 guidance).  The real problem with MOVI is whether this will translate into a profit or a loss on the quarter.

OK here is my shot at modelling this quarter's From looking at the data for the last year, Cost of revenue has remained relatively static over the last 3 quarters at about 38% of total revenue.  SG&A has risen slightly, but is within the $354M-$366M range. There are also consistantly about $700k in other expenses.  Additionally, we have the $10M cost of MovieBeam, although they have stated that this cost should be incremental thoughout 07, so may not impact materially on this Quarter.  If we model total revenues of $661M fo Q4, this would give us an operating income (not including the MovieBeam purchase) of:

$661M - (.38 * 661 =) $251.2M - $366M - $.7M = $43.1M

After approximately $32M in interest and other expenses (my best estimate, however, i'm not sure how income tax could affect this) net income av. to comon shares could be something in the region of $11M or .35/sh with 31.84M shares o/s.  The average analyst estimate is for the to make .25/sh this Q, so there is potential upside to their estimates.  If the bulk of the MovieBeam purchase is factored into this quarter, that will obviously negatively affect the eps numbers.  All in all the quarter looks like it should be reasonable, and it is unlikely they will show a loss for the Q, given their current revenue estimates, however, the numbers above are really just my best estimates given the previous quarters data.  As earnings are so small relative to total revenues, any change in revenues or significant costs could materially affect earnings numbers.  Still, it is important that MOVI should not show a horrendous quarter like the last two.

Technically, MOVI has been on a rip since the beginning of the year, with a sharp uptrend still intact.  Some on the Yahoo MBs have suggested that a cup & handle has formed since the december rally.  I'm less convinced, as the cup does not have much of a base, and the pullback is too V-like in shape.  However, there is no doubt that after the recent flag, the break back above 4.75 does look significant.  If MOVI can move into the $5 range in the coming week, then I think we should be seeing new short term highs above 5.25 before long.

By the way, I made my entry earlier last week at 4.75, and will hold with a current stop loss just below 4.35 - a fairly large risk right now, but I'm looking to move this up if we break above $5 this week.

[stock-kitty]

From the look at the chart it seems MOVI has alot of room to grow and it also bounced off the 200dma.

Any other opinions on this one?

[stock-kitty]

I am bringing MOVI back in the picture.

If you look at where it is trading now compared to where it was 1 year ago, I believe it is worth watching again.  After last Q results the PPS has been declining but it looks as if she has hit bottom at around 2.35.


Cheers

[stock-kitty]

Forgot the chart   

[sha9999]

the last one in this video
he is the bast

http://www.stockmarkettradealerts.com/videos/front/video.swf

[kpunarc]

It's a dying industry. Video rental industry is moving online where Netflix and Movie Star are leading.

[setravis]

sha9999, Created a new Thread. You have been a member since September 19, 2006
So, I would assume you should know to use the Search.......
Thank You



"MOVI" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.                                                         
All history on a stock pick in 1 thread is awesome.                                                           
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock.                                                             
Thank You....and good luck with all your trades....make some $$$       


I will leave you today's closing chart while I'm in this thread.......

[setravis]

Changed Ticker Symbol

MOVI is no longer valid. It has changed to MOVIQ.PK

This thread will be moved to the Penny Stock Picking Board due to the fact that it is now a
Pink Sheet listed stock.