Trade Note:

I still hold high hopes for IMAX and believe it is no Sirius-like flim-flam. To the contrary, it is expanding and near to accurate in 3D renditions, as I could see at the "Hannah Montana and Mylie Cyrus" concert that I was so honored to attend with my daughter. What "I" like on the screen won't count -- truthfully, I don't feel that good 3D can make up for general average cinematography and high prices. But this Hannah Montana and Mylie Cyrus come across as very whole, young and talented young ladies, just the kind of qualities you'd like to see in your daughters of that age. Nothing slinky, saultry or appealing to the prurient, this deserves full attendance numbers. Like usual, though, we went to a matinee -- I hate large crowds at theatres. We had plenty of room to sit down together and enjoy it. I heard the evening performances were overflowing, in many places. Well, I'm usually in bed by that time. You see, I like read Poor Richard's Almanac, War and Peace, things like that.

The long and short of my question is, did anybody see the late night crowds at Hannah Montana / Mylie Cyrus that might show how well IMAX was being received? That, together with the numerous contracts it is signing up, modes well for it's future, as long as the management turns out to be planning to reward shareholders and not just increase their stock options or dilution the holding of current shareholders in a never-ending bid (like Sirius) to shore up an idea whose time has come and passed already. Personally, I feel Sirius is too late to catch the wind, and that IMAX's sails are just getting full and it has a lot of potential for PROFITS NOW!!

That's why I like Imax call options. Now, that being said, IMQ IA is not the most aggressive of positions. I'm basically buying in like it was some kind of glorified margin account going under the name call options -- preferring already ITM options.

Posted 1 day after the trade