TFMG
6 years ago
BTN - Trend Momentum Is Strong With BULLS
Ballantyne Strong , Inc. is a holding company. The Company's business activities focus on serving the cinema, retail, financial and government markets. The Company and its subsidiaries design, integrate and install technology solutions for a range of applications; develop and deliver out-of-home messaging, advertising and communications; manufacture projection screens, and provide managed services, including monitoring of networked equipment to its customers. The Company operates through two segments: Cinema and Digital Media. Its Cinema operations include the sale of digital projection equipment, screens and sound systems. Its Digital Media operations include the delivery of end-to-end digital signage solutions, video communication solutions, content creation, and management and service of digital signage and digital cinema equipment. The Company's products are distributed to the retail, financial, government and cinema markets throughout the world.
SHORT INTEREST
17.29K 07/15/19
P/E Current
-3.87
P/E Ratio (with extraordinary items)
-3.75
stills999
13 years ago
"As far as I know they only make film projectors"
Are you sure.....?
Ballantyne Expands Digital Cinema Offerings with Addition of Barco Projection Systems
Ballantyne Strong, Inc. (NYSE Amex: BTN), a provider of digital cinema projection equipment and services, cinema screens and other cinema products, today announced that effective immediately, it has entered into a definitive reseller agreement with Barco (NYSE Euronext Brussels: BAR), to distribute their full line of digital cinema products, with expectations of adding additional Barco lines as they become available. Ballantyne will be marketing Barco offerings in the Americas (North, Central and South) and the Caribbean.
“Ballantyne Strong has been a key leader in cinema products and solutions for eight decades and we are happy to welcome Ballantyne to our team. They bring a wealth of worldwide exhibitor relationships as well as additional product and service offerings that Barco is looking to leverage on behalf of our valued customers as we focus on further expanding our organization’s global footprint,” stated Patrick Lee, VP Digital Cinema for Barco North America.
“With the ShowEast cinema industry tradeshow being attended by exhibitors from around the world, we agreed that this was an ideal time to launch what we expect to be a long-term and mutually beneficial partnership with Ballantyne,” added Mr. Lee.
Ballantyne Strong President and CEO Gary L. Cavey stated, “We are ready to hit-the-ground-running with Barco after signing this important new distribution agreement that complements our long-term relationship with NEC’s digital cinema group. With Barco’s full complement of projectors now at our disposal, including the brightest projector in the world, our customers will have more choices than ever and our turnkey cinema solutions will clearly be a key differentiator for Ballantyne.
Vipyr
14 years ago
I hear ya man. Been there done that. Patience is paying off, and so is everything else... and LNDC is next on the list to go bye bye, up up and away. At least give it till end of the year.
Meanwhile, ERES was a perfect entry this week at 6.08. Yesterday was a red day, but more than made up for it today. Chart is beautiful, 5ema crossover 13ma, PPO cross, etc etc....
Back to lndc.. golden cross sometimes takes a stock on a run that lasts for a year. Ive seen it. Ive researched it. And honestly, the runs that some stocks take after a 50ma/200ma is unbelievable. Well you know too if you have looked at past charts with this. I know paint drying is what they want us to watch. They try to wear us out. And they win 95% of the time. But for me, not anymore. Back in 2003, when I had 0 patience, I would have been out of LNDC the first 2 weeks of holding it. Look at me now, Ive held it for what? 3-4 months?? even added more shares. Had you only seen me back in 2003and2004.... you would have probably not even bothered speaking to me.. I had 0 patience back then. Not sure what changed. I think it was me hitting 40 that capped it back then LOL... who knows.
Anyhow, glad its Friday.
Vipyr
14 years ago
Saw your LNDC short interest posts this morning.. Absolutely unbelievable, why people would want to do this... But they have to cover by end of the close today, if I was reading it right. Said 11 days to cover from November 30th. Soooo, cant cover on a Saturday.
Anyways, remember that we have a GOLDEN CROSS on LANDEC.... dont give up now. Another week or 2, and this thing is going to rocket up, you watch.....it might be in stages, but she is going up....past the 7.50 mark....most likely into the 8 or 9 range.... may take a few weeks, or a month or 2 more, but its gonna be quicker than we think...Hang tight, wont be long now.
Vipyr
14 years ago
Read all of your landec posts this morning...I think, if LNDC does not make a move by CHristmas, it might be time for another stock. Really, other stocks move and move and move.... you are right. But what about the big block buys on LNDC??? And the stock still does not move.. but you get a volume of 12k, and the stock falls big....
Oh well, thats why I love liquid stocks I guess... Im still in lndc and will give it awhile longer.
Vipyr
14 years ago
hahahaha, you are funny... We gotta do dinner sometime my brother... would be fun. And though you may or may not be the greatest, you are one of the best Ive seen on these ihub boards. Thats just a fact.
And I know you try to discourage me from doing the penny plays, and god knows I try to eliminate them from my trading.. but I just been doing it so long, and love the excitement, its hard to do. But I get it... and I get what you are trying to get across to me.
I mean, I think I accomplished a pretty incredible feat, cutting down from 26 stocks, to just 8 now. Time to revamp, and re-ramp up the portfolio.
And I do remember ZAGG from a long time ago... and looking at this chart, its got a very very nice trendline going here. Good stuff