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Cinemark Holdings, Inc. (CNK)

NYSE - NYSE Delayed price. Currency in USD
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19.22+0.38 (+2.02%)
At close: 4:00PM EDT
19.12 -0.10 (-0.52%)
Pre-market: 07:15AM EDT
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  • V
    Val
    Short interest increased again per 9/15 update. About 24M shares. Russell 2000 which CNK is part of also looks like it could be trying to breakout. Should be helpful if it happens.
  • g
    greens150
    October is going to be an awesome month at the box office. Covid cases are declining rapidly, down 20% from their peeks 2 wks ago, kids are back in school, pro baseball and football plus college stadiums are packed. Concern of being close at the theater is a non-issue these days.

    We have Venom Oct 1st as a theatrical exclusive and the original had done $800M globally, plus Adam's Family will draw a crowd. Then on Oct 8th we have the James Bond "No Time to Die" which will be a smashing success, followed by Halloween for the horror movie crowd who have been waiting for a new release. These will run all month, and Oct will be off the charts.

    My firm belief, is with Covid on the sharp decline, and all of the societal factors, once October is behind us, movies will be back to normal. Looking forward to mid-20's in October or Nov.
  • T
    Trenton
    Top 10 movies grossing nearly 60M for the weekend, not too bad. 35M of that comes from Shang Chi, 4 weeks into its run. Things are looking pretty good over the next 3 weekends as well, with big titles coming! I'll be looking to add some Nov calls this week on any market weakness.
  • L
    Little Jimbo
    James Bond franchise hitting UK theaters on September 30 and US theaters on October 8, cinema chains are staffing up ahead of what looks to be the biggest opening weekend since the pandemic began.
  • E
    ExtremeHackInvestor
    In my humble opinion, for those patient investors willing to hold for another year or two, CNK will double from here and partially reinstate it’s divided (or possibly fully reinstate it).
  • L
    Leif
    Disney announces it will have theatrical exclusivity for their remaining 2021 films, under both Disney and 20th Century Studios banners.
  • L
    Little Jimbo
    All of Disney movies to debut exclusively in cinemas !
  • g
    greens150
    College Football stadiums have been sold out the last 2 weekends, and NFL stadiums were this weekend. You can be absolutely sure as this continues, that people will realize "we can go back to the movie theaters too". My prediction is that the October box office will be the biggest month in 2021 !!!
  • J
    Justin
    Time for short squeezed???
  • E
    ExtremeHackInvestor
    Saturday AM: Disney is proving they can open a Marvel movie anywhere on the calendar, even during a pandemic, as Marvel’s Shang-Chi and the Legend of Ten Rings posted the third-best opening day during the pandemic with $29.6M (just behind F9‘s $29.9M), with what will feasibly be the biggest Labor Day opening weekend of all-time with $75M-$85M+ over four-days.

    Source - Deadline
  • L
    Logan
    Finally, It was more increasing than AMC in Yesterday.
    Maybe Short squeeze have started while we don't know.
    Nevertheless, Cnk is so cheep than price that before corona age.
    Cnk has huge short floats about 22% now. It's enough to start short squeeze!
  • L
    Logan
    Perhaps I suppose Shortsqueeze is coming
  • G
    Gab
    Welcome back to $18 CNK. Next stop, the moon!
  • s
    stewie
    $50 per share minimum this week
  • L
    Lukas
    Amazing news with the Disney. And the exlusivity periods? 30 and 45 days!! OMG, studios finally see that cinemas are definitely not DEAD!!
  • N
    Non Racist Shepherd
    Didn't CNK borrow $750 million last year?
    They have to pay interest on that debt, right? That affects earnings, right?
    So why do some here say CNK should be priced according to its best year ever in earnings?
    Still losing money, right?
  • g
    greens150
    The delay of "Top Gun: Maverick" and "Mission Impossible 7" are short term negatives, and that likely played a role yesterday and today, but as I was thinking about it last night, as much as I would love for them to help this year, with the Delta variant and all, I'd rather those both release next year when they can gross $500M to $800M each. I still like $20+ later this year, and love knowing we have those blockbusters already lined up for next year.
  • V
    Val
    Short interest increased another 1.7M shares. 23.7M shares short reported on august 31st.
    Institutional ownership 95%.
  • -
    -
    I saw "Godzilla vs Kong" at a movie theater over the weekend. How MUCH more fun it was to have a shared experience instead of watching a movie at home in my home movie theater with a 100 inch 4K display, and 7.2 Sound. You can't deny the impact of when you see a movie for the first time at a movie theater. There is a large screen and a high-quality sound system. People are not talking or texting on their phones in the dark atmosphere. It is a forced beautiful silence of darkness. Movie theaters provide a specific time and place set aside for watching a movie. It seems simple, but people love movies because they connect with the stories and characters on screen. People can immerse themselves or be distracted for a little while. It is entertainment in the best way possible. You are in the same space as people who want to see the same movie.

    There’s something to be said about watching visual storytelling on a three-story screen, particularly when the film really takes advantage of the format. Just think of what it’s like to see the Millennium Falcon jump into hyperspace. Even people who try their hardest to give a movie their undivided attention on a living-room screen have fallen victim to temptations like “Well, I’m just sitting here, I might as well pay the electric bill.” In the movie theater, all you have is your chair, any snacks you brought or bought, and the movie you’re there to watch.

    Leaving your house and going to a space specifically designed for movies disrupts your mental patterns and primes you for an experience. It resets your expectations and your emotions with a new space, and sets you up to pay attention. It makes watching a movie into an event, something a LOT more special.
  • J
    Justin
    If I were the short, I will quit my position RIGHT AWAY and short again at 40-45 levels in next 2 months!