IMAX Options Activity

Options activity before rumors of Sony or Disney merger talk with Imax. News cited from London’s Daily Mail.

 

Options Chain a day after purposed buyout rumor.

 

 

 

 

 

Ex-Dividend Dates: When Are You Entitled to Stock and Cash Dividends

Have you ever bought a stock only to find out later that you were not entitled to the next cash or stock dividend paid by the company? To determine whether you should get cash and most stock dividends, you need to look at two important dates. They are the “record date” or “date of record” and the “ex-dividend date” or “ex-date.”

When a company declares a dividend, it sets a record date when you must be on the company’s books as a shareholder to receive the dividend. Companies also use this date to determine who is sent proxy statements, financial reports, and other information.

Once the company sets the record date, the stock exchanges or the National Association of Securities Dealers, Inc. fix the ex-dividend date. The ex-dividend date is normally set for stocks two business days before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend. (cont’d)

Big growth seen for tablets in next four years

By Dan Gallagher, MarketWatch

SAN FRANCISCO (MarketWatch) — While the iPad currently rules the nascent market for tablet devices, a large swath of rival products is expected to benefit from booming demand for mobile-computing gadgets over the next four years.

So predicts Oppenheimer & Co., which in a report Monday forecast that shipments of tablet devices will soar from 15.1 million units this year to more than 115 million in 2014 — a compound annual growth rate of 66.5%. (cont’d)

Parent company of IRONMAN

The parent company of IRONMAN races is Providence Equity Partners a Private equity firm, one of the leading LBOs (Leverage Buyout firms) in world. Too bad it’s not public I think it would make a great equity investment given the high demand of those races. Typical example Lake Placid sold out for 2011 within minutes. (LTM, Life Time Fitness, organizer behind the Nautica NYC Triathlon, Philadelphia Insurance Triathlon, Chicago Triathlon and 3 others in a series, however is publicly traded. Ticker symbol LTM). WTC (World Triathlon Corporation) was established after purchasing the Hawaiian Ironman Triathlon which owned at the the time the Ironman trademark for 3 million dollars in 1990. Providence Partners in turn acquired WTC for an undisclosed amount. WTC still manages IRONMAN trademark races (140.6, 70.3 is also their trademark). Providence Equity’s Portfolio. Providence also has investments in HULU along with Disney, News Corp and NBC Universal. http://www.provequity.com/portfolio/index.asp?Section=0,2,1&

Flash Crash

The glitch that sent markets tumbling Thursday, May 6th was years in the making, driven by the rise of computers that transformed stock trading more in the last 20 years than in the previous 200.Full article at the New York Times.

Wall Street Journal.

Jim Cramer Q&A at Barnes & Noble Book Signing (Union Square)

Jim Cramer Q&A at Barnes & Noble Book Signing (Union Square). I asked Jim based on what the CEO of E*Trade, Donald Layton, said on CNBC about ETFC being 80% out of the bad mortgage loans, whether its a good buy. Jim said at this time it’s a good speculative play.

 

 

 

 

Booyah! Today I met Jim Cramer

Today I met one of the gurus of investing, Jim Cramer. Jim Cramer has a show on CNBC called “Mad Money”. Jim had a discussion and book signing at Barnes & Noble, Union Square. He gave a speech on the naysayers on Wall Street and spoke about the end of the “crash”. The is by far one of the most influential people I’ve met in my life.

Cramer has many critics (one of his biggest mistakes he admits is the “Bear Stearns” call he made prior to the debacle).

Investment managers, analysts, will always find themselves facing scrutiny. Many mistakes will be made it’s up to you, me as investors (small, big) to filter the information you receive, do your own due diligence in picking equities.

Jim spoke about a comment Meredith Whitney, a prominent analyst on Wall Street said on CNBC to Maria Bartiromo. Meredith spoke about selling the big banks, and a double dip recession. Cramer said she is not correct on that view. He also defended Warren Buffett and George Soros (Mr. Soros recently added more Ford (F) to his holdings) in connection to Meredith’s comments. Mr. Buffett, recently purchased shares of Wells Fargo, bought Burlington Northern outright, and recently bought more shares of Travellers, Exxon among others for Berkshire Hathaway. Mr. Buffett, Jim said has had more due diligence with Wells’ books than Meredith, so she is not credible enough to make such a comment.

My question to Jim during the Q&A was about investing in E*Trade, the CEO of ETFC recently appeared on CNBC, he said that the company is now 80% out of the mortgage mess, a dilemma they found themselves in as a result of the credit crisis. Jim’s answer was “buy” ETFC (also Jim mentioned that ETFC is a speculative play, meaning, it’s a riskier stock to get involved in, esp. for less riskier investors), will I just jump in and buy, no, you have to do you homework like he always preaches on his show (look at fundamentals, PE ratios, balance sheet, listen to quarterly reports).

Follow

Get every new post delivered to your Inbox.