Market Read®

  • Thursday, July 10 2014

This prediction has passed its maturity date!

This prediction was valid between March 04, 2013 and March 13, 2013. All information in this report is for reference only and should not be considered forward looking.

(NYSE: IMAX)

Imax Corp.


Bullish

IMAX Corporation, together with its subsidiaries, operates as an entertainment technology company specializing in motion picture technologies and presentations worldwide. The company operates in seven segments: IMAX Systems, Theater System Maintenance, Joint Revenue Sharing Arrangements, Film Production and IMAX Digital Re-Mastering (DMR), Film Distribution, Film Post-Production, and Other. The IMAX Systems segment designs, manufactures, sells, or leases IMAX theater projection system equipment. The Theater System Maintenance segment maintains IMAX theater projection system equipment in the IMAX theater network. The Joint Revenue Sharing Arrangements segment provides IMAX theater projection system equipment to an exhibitor in exchange for a share of the box-office and concession revenues. The Film Production and IMAX DMR segment produces films and performs film re-mastering services. The Film Distribution segment distributes films for which the company has distribution rights. The Film Post-Production segment offers film post-production and film print services. The Other segment owns and operates IMAX theaters; rents two-dimensional and three-dimensional (3D) large-format film and digital cameras to third party production companies; and offers after market sales services for projection system components and 3D glasses. The company serves institutional customers, such as science and natural history museums, zoos, aquaria, and other educational and cultural centers, as well as commercial multiplex exhibitors. IMAX Corporation also sells or leases its theater systems to theme parks, tourist destination sites, fairs, and expositions. As of June 30, 2013, it operated 767 IMAX theatre systems, including 634 commercial multiplexes, 19 commercial destinations, and 114 institutional theater systems in 53 countries. The company was founded in 1967 and is headquartered in Mississauga, Canada.

Investment Highlights

  • GATS predicts IMAX will move up in the coming weeks. Target is $27.03. more
  • SQUEEZETRIGGER predicts that when IMAX closes above $20.47, we expect a short squeeze to begin that could quickly drive the price of IMAX considerably higher.
  • VALUATION IMAX has a current calculated value of $29.13 which means the stock is undervalued compared to its price of $27.16.

Predictive Range March 04, 2013 - March 13, 2013

Anticipated price movement, between prediction date and target date, based on all market reads.
$25.98 - $27.03

How WealthMakers Market Reads Work:

WealthMakers Market Reads™ provide you with market performance predictions based on proprietary technologies, trading algorithms and data to help you make better, more informed investment decisions. Here's a quick review of our predictive technologies:

  • EARNINGS Most stock price histories show random or unpredictable movements around earnings reports. But some repeat the same pattern quarter after quarter, year after year. Earnings predicts probability, price move and length of move before and after all US stock earnings reports.
  • FRICTION FACTOR Friction Factor is based on the relationship between the price of a stock and the volume at which it's bought and sold. Normal and abnormal Friction factor patterns can help you time your buying and selling decisions for maximum earnings potential.
  • GATS The Global Automated Trading System (GATS) combines neural networks and genetic algorithms to reduce investment risks. GATS selects the highest probability trades in stocks, bonds, options, commodities, currencies and private equities, delivering precise, predictive and profitable data.
  • GROUP SECTOR Certain institutions can exert buying or selling pressure over an entire industry group, pushing prices higher. Group Sector identifies stocks that most closely match their group's movement and generate powerful group consensus trading signals to help you profit from the herd mentality.
  • PATTERN SCAN This technology automatically tracks "Trigger Events" that positively or negatively affect the value of a stock — or its perceived value among analysts — ranging from price fluctuations to natural disasters and political shifts. The results reveal patterns that can predict market movements.
  • EVENTS Events describe the current technical situation in your stock. It displays the technicals, trend conditions and seasonal factors and automatically discovers how that stock has performed in the trading days following the occurrences of the event or combination of events. This technology automatically scans using complex historical queries based on what event is taking place right now in the stock. It then displays the probability, expected return and number of trading days for the expected move.
  • RegSHO NAKED SHORTS SEC Regulation SHO mandates that if a clearing agent holds a fail-to-deliver position for 13 consecutive settlement days, it must purchase securities to close out its position, a.k.a. a forced cover. WealthMakers aggregates data from NYSE, AMEX, NASDAQ, OTCBB and PINKSHEETS to track stocks that are about to have forced covers.
  • SEASONALITY Seasonality analyzes more than 20 years of data to determine if stocks have a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias.
  • SQUEEZE TRIGGER Our proprietary database of more than 3,500,000,000 short sale transactions allows us to calculate the exact price at which the total short interest is short in each stock. Squeeze Trigger Alerts let you know exactly when a short squeeze will start and how to trade profitably.
  • VALUATION A stock's value is a function of its forecasted earnings per share and forecasted earnings growth, as well as profitability, interest and inflation rates. Valuation use these metrics to determine at what price a stock is undervalued or overvalued, so that you can make investment decisions accordingly.
  • INSIDER Significant stock sales or purchases by company "insiders" (officers or directors) can be a predictor of future price movements — up or down. The Insider strategy tracks these actions and correlates them with historical data to give you an investment edge.

GATS

 

Reduces risk by selecting the highest probability trades across market indices.

Imax Corp. (NYSE: IMAX) is expected to go up as bullish signals have been generated by top equity trading strategies. This trading system is designed to identify high probability reversion to mean trading candidates. It looks to go long immediately following strong sell-offs, and goes short after sharp run ups. Its trades are short term and hone in on the irrational decisions of emotional traders around these extreme moves.

  • The price of IMAX expected to move up in the coming weeks.
  • Suggested stop level of 23.38 to limit potential trading losses.

Squeeze Trigger

 

We have a proprietary database of all trading in US stocks and maintain massive databases of short sale and naked short sale time and sales data, along with short squeeze SqueezeTrigger prices. We are the only firm that knows the exact price that a short squeeze will start in every US stock.

The Cumulative Squeeze Trigger price for IMAX is 20.47.

This means that when IMAX closes above $20.47, we expect a short squeeze to begin that could quickly drive the price of IMAX considerably higher.

Date Short Volume Short Value SqueezeTrigger
2013-11-30 814087 23986585.0028 29.4644
2013-10-31 2079428 57421532.7348 27.6141
2013-09-30 2137038 61761894.1266 28.9007
2013-08-31 3751168 98993698.6368 26.3901
2013-07-31 5083609 129797755.153 25.5326
2013-06-30 4865625 124383864.375 25.5638
2013-05-31 3609538 99810222.8684 27.6518
2013-04-30 4448119 118879983.582 26.7259
2013-03-31 235728 6087675.6 25.825
2013-02-28 1971643 48085020.9769 24.3883
2013-01-31 3150188 74453433.3048 23.6346
2012-12-31 2739529 59341211.6219 21.6611
2012-11-30 3449521 76149210.9313 22.0753
2012-10-31 5227349 111917542.09 21.41
2012-09-30 4092169 81891258.3773 20.0117
2012-08-31 5966895 126248161.1 21.1581
2012-07-31 8746650 206384204.07 23.5958
2012-06-30 5372898 114991837.576 21.4022
2012-05-31 7158157 164716350.727 23.011
2012-04-30 5075719 119976292.719 23.6373

Friction Factor

 

Friction Factor determines if there is normal or abnormal behavior in the price action of the stock when compared to the buying vs. selling trading statistics. It shows us how many more shares of buying than selling it takes to move a stock higher by 1 cent, or how many more shares of selling than buying it takes to drop a stock by 1 cent.
Here is how to understand Friction Factor:

  • If Friction Factor is positive, more buying than selling caused IMAX's price to rise
  • If Friction Factor is negative, more selling than buying caused IMAX's price to fall
  • If Friction Factor is 0, there was no discernable activity either way
  • If Friction Factor is abnormal, it means that more buying than selling caused the price to drop which is evidence of manipulative activity. In some cases more selling than buying can cause the price to increase. While this is rare, it must be noted as well. Friction Factor raw data.

Date Change Buy Vol Sell Vol Net Vol Friction
2013-11-06 0.19 261577 246279 15298 805.1578947
2013-11-05 0.32 148945 161269 -12324 Bullish Bias
2013-11-04 0.01 62289 80807 -18518 Bullish Bias
2013-11-01 0.1 154308 130977 23331 2333.1
2013-10-31 0.15 145148 165996 -20848 Bullish Bias
2013-10-30 -0.56 154003 193273 -39270 -701.25
2013-10-29 0.47 244058 226365 17693 376.4468085
2013-10-28 0.22 174708 159946 14762 671
2013-10-25 -0.33 238375 241260 -2885 -87.42424242
2013-10-24 1.39 553652 480724 72928 524.6618705
2013-10-23 -0.34 194188 181990 12198 Bearish Bias
2013-10-22 0.55 167594 173939 -6345 Bullish Bias
2013-10-21 0.0 266151 423539 -157388 Bullish Bias
2013-10-18 -0.14 355046 206115 148931 Bearish Bias
2013-10-17 -0.04 137864 157798 -19934 -4983.5
2013-10-16 0.26 253383 219293 34090 1311.153846
2013-10-15 -0.46 250273 307302 -57029 -1239.76087
2013-10-14 0.53 159000 109059 49941 942.2830189
2013-10-11 -0.19 410191 263880 146311 Bearish Bias
2013-10-10 0.81 247851 260155 -12304 Bullish Bias

Valuation

 

Value is a measure of a stock's current worth. IMAX has a current value of 29.13 per share. Therefore, it is undervalued compared to its Price of $27.16 per share. Value is computed from forecasted earnings per share, forecasted earnings growth, profitability, interest, and inflation rates. Value increases when earnings, earnings growth rate and profitability increase, and when interest and inflation rates decrease.

General Results

 

Past success in predictions regarding all predictions on the WealthMakers platform.

Our prediction engine has a track record that is second to none. See for our results.

Read Type Avg Return Avg Maturity Days Hits Misses % Accurate
Insider 15.127 73.12 9082 474 95.04%
SqueezeTrigger 12.737 22.37 7779 472 94.28%
Group Correlation 7.346 14.96 1308 88 93.70%
Valuation 14.484 26.96 4201 302 93.29%
Seasonality 7.458 15.2 42589 4126 91.17%
PatternScan 8.448 11.37 133305 19233 87.39%
Events 6.942 11.19 3387 543 86.18%
GATS 5.388 7.95 45028 8523 84.08%
Earnings 8.681 10.28 21679 4349 83.29%
Naked Shorts 14.491 10.83 2233 589 79.13%
Friction Factor 7.503 3.63 5599 1602 77.75%

Prediction Success

 

Past success in predictions regarding Imax Corp..

  • October 08, 2013 - IMAX CORP (NYSE:IMAX), Down By 5.62% ($1.56) From $27.770 After ${brandname}.com Report Predicted Stock Would Go Down Due To Bearish Conditions

About Wealthmakers

WealthMakers gives institutional and individual investors an exclusive advantage in making precise, predictive and profitable trading decisions. Our proprietary technologies — Earnings, Seasonality, Squeeze Trigger, Group Sector and GATS — apply artificial intelligence, proprietary algorithms, market data and research to help our clients realize exponential returns. Find out more at WealthMakers.com.

All material herein was prepared by WealthMakers, based upon information believed to be reliable. The information contained herein is not guaranteed by WealthMakers to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. WealthMakers is not a registered investment advisor in the State of California. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. WealthMakers or its affiliates may receive compensation from independent third parties, or from the companies mentioned, for data provided in this report or related services. WealthMakers affiliates, officers, directors and employees do not own shares of the company mentioned in this report, but may from time to time buy/sell the shares discussed in this opinion and may profit from those trades. Market commentary provided by Thomas Ronk, a registered investment advisor and commodities trading advisor in California. WealthMakers will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment.

All Rights Reserved. Copyright 2011 WealthMakers

Overview
Last Price$27.16
52 Week Range$24.47 - $31.23
1 Month Range$26.22 - $28.68
Avg Daily Volume309165.0
PE Ratio46.93
 
Earnings Per Share
YearEPS
2014(E)$0.606
 
Capitalization
Shares Outstanding67MM
Market Capitalization$1919.00MM
 
 

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