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February 7, 2005

SpeculatingStocks.com Stock Pick: IMAX Corporation (IMAX)

Stock Price: $11.30


IMAX Corporation is the newest distribution platform for Hollywood content and one of the world's leading entertainment technology companies. IMAX's businesses include the creation and delivery of the world's best cinematic presentations using proprietary IMAX and IMAX 3D technology.

IMAX has just reached its highest level in over four years and has went up over 167% since last August. There's speculation that IMAX may be bought out by one of the many entertainment giants out there including Sony, Time Warner and Walt Disney.

Currently, over 19% of IMAX shares are being shorted. Expect a short squeeze in the future on major news as shorts cover their position.

 
     
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