To buy or not to buy...that is the question

Good morning everyone,


I know I said I was going to talk about Lions Gate Entertainment (LGF) yesterday, BUT I was swamped with Hw. So I will update the standing today. I still like LGF. The release of the Insider buying information was a nice move to increase LGF's awareness among new traders and investors. This will certainly help the stock price today and the next few days. But what about after that? Surely, just knowing insiders purchased stock alone is not the catalyst for upward movement. The catalyst for upward movement is the reason why insiders bought in the 1st place (whichever reason that may be). Insiders bought because they Believe that LGF is poised to grow because of its upcoming movie releases. You see, LGF has a secret that has led to this newfound success. They make "cheap" movies. Yeah, I know you are reading "cheap" and probably scratching your heads, like "what's he talking about?! Movies aren't cheap to make!". Well for the cost of $7,000,000 a movie...that is CHEAP! And how much do they make per movie. Well that depends. Sometimes upward towards $17,000,000 or more. So, do you see what I am seeing? If you add up the insider purchases, the amount they can make from a movie, minus the cost of making the movie and multiply that by Saw 2 and Lord of War, you get a pretty nice share price in the upcoming months. I'm still sticking to my 1st target of 12.05 and raising the 2nd Target to 16.50.

I also wanted to talk about NVAX. Last night, Jim Cramer gave the thumbs up to NVAX as a "good speculative play". Now do you believe? I told you to take advantage of the dips in the share price and accumulate. I know the insiders have. NVAX will be heading back up, real soon.

On another note, I want you to keep a close eye on SLXA. SLXA has been receiving some positive news as of late. Although the volume needs to be kicked up a notch, I still believe it is a good buy at this level. I would buy a little now before it starts getting crazy and add more to the position as volume increases 2x.

STV provided a brief opportunity to buy in the 25 dollar range. I still believe it is over extended and needs to come down a little more before its a buy. Let the profit takers do their thing and then go in and set up your position. In the mean time you may want to check out other companies that are in similar industries. I recommend CMCO (before everyone and their mother discovers it) and MVCO (which already has big exposure, thanks to STV).

that's all for now. I will hit back later and add more good stuff. Take Care!