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Sandy and PLCE&BBBY

December 06, 2012 – Comments (1) | RELATED TICKERS: BBBY

Super storm Sandy had a direct hit into the hearts of some retail stores. Among the victims, there are some undervalued stocks lying on the beach Sandy left behind. The first one I am going to recommend is the Children’s Place (PLCE). Investors have abandoned the Children’s Place (PLCE) recently. Shares price dropped more than 15.5% on Thursday last week on cut earnings for 2012. Management now sees full-year 2012 EPS of $3.10-$3.15, down from previous $3.20-$3.30.   [more]

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The IMAX Rises

September 27, 2012 – Comments (0) | RELATED TICKERS: IMAX , DIS

It is without a doubt that many of you have watched The Dark Knight Rises. It has surpassed the $100M global box office in 557 IMAX theatres worldwide after its 7th week of release. IMAX theatres contributed about 10% of The Dark Knight Rises’ total worldwide gross box office. Despite of the shocking shooting at Aurora premiere, The Dark Knight Rises still has made itself the best all time 2-D opening in history. Christopher Nolan is the first director to use IMAX (IMAX) cameras in such a Hollywood blockbuster. We probably won’t see IMAX cameras becoming a standard format for most films due to the high cost associated with the using of the 70mm IMAX cameras, however, we will see the trend of more famous directors, such as Nolan, employ the use of the IMAX cameras.   [more]

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