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9 pts

Opinion on  Image Entertainment Inc. (DISK)     Sector: Services  >  Industry: Motion Pictures
Merger watch

Apr 20, 2009 02:24 PM GMT
Return Risk
+3.27% LOW
Sr. Associate

After buying DISK at 1.22 earlier while the merger agreement with Nyx seemed to still be an option, the deal ultimately fell through.  The stock thereafter fell sharply, yet i held my position, believing Image to still be a stock that could see another serious merger proposal come its way.  Recent activity suggests this to be the case, and the stock's price has reacted in kind.  Look for a buyout on this stock within a couple of months in the at-least 2+ dollar range.


DISK:  This call was made on 04/20/09 @ $0.91
Rating:   Positive   $0.91 (04/20/09)
Closed:   07/06/2009 @ $0.7 (-23.08% in 77 days)
Allocation:   100.0% of portfolio


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AJ Edelman   79%     1 point   commented 152 days ago reply

Still Holding, looks to be making quite a rebound


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AJ Edelman previously rated DISK
Positive +15.71% Company in trouble--looking to sell itself
07/06/2009
9
Positive +0.00% Bullish on DISK ...
04/20/2009
0
Positive +0.00% Bullish on DISK ...
04/20/2009
0
Positive -30.00% Maybe not the smartest to bet on a merger but
04/01/2009
19





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