TWX: Now or Never?
TWX has been in a downward spiral for the past five years with major hits bouncing their revenue and overall stocks up but falling quickly again due to the current situation regarding pirating of movies. Time Warner makes most of its money now off of major hits and speaking of major hits... The Dark Knight comes out this weekend.
Let's face it, almost every one of us who enjoys movies or has our childhood super hero's enjoy a great comic book movie but even more so as it's the last farewell to an excellent actor.
TWX's stocks are within pennies of their 52 week low. I think I'm going to dive in first thing on monday and watch the stock carefully for any swift movements. It's my guess that this movie will help the stock to, at least temporarily (for a few weeks/month) skyrocket and lead to a strong 3rd quarter.
Thoughts anyone? Agree/Disagree?
Last edited by JeffreyO; 07-20-08 at 01:45 PM.
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