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Will Johnny Depp Send Imax Shares Surging?

The first Imax 3D epic since Avatar hit theaters on Friday.

By all accounts Disney’s Alice in Wonderland, starring Johnny Depp as the Mad Hatter is poised to dominate in most every way.

And though the film is playing in 3,700 theaters around the nation, it’s the 180 Imax 3D engagements that has Wall Street excited.

According to Piper Jaffray, "We expect strong IMAX results for Alice in Wonderland."

In fact they expect a strong spring.

"We see an equally strong 2Q10 slate keeping the momentum rolling. Accordingly, we are raising our 1Q estimates for Imax," says Piper Jaffray.

The firm rates Imax at Overweight with a price target of $16.

What else must you know? Find out from IMAX CEO Richard Gelfond. Watch the video now.


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Seygem Asset Management Owns (CBD)

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Kanundrum Capital Owns (C)
Kanundrum Capital Owns (JPM)
Kanundrum Capital Owns (IPI)
Kanundrum Capital Owns (POT)
Kanundrum Capital Owns (MOS)
Kanundrum Capital Owns (EZU) Puts
Kanundrum Capital Is Long U.S. Dollar
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Kanundrum Capital Is Short (GS)
Kanundrum Capital Is Short (JWN)
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Kanundrum Capital Is Short Pound
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Kass's Fund Is Short (BEN)
Kass's Fund Is Short (TROW)
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Stuart Frankel & Co. Inc. And Its Partners Own (GERN)
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Stuart Frankel & Co. Inc. And Its Partners Own (HSPO)
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Stuart Frankel & Co. Inc. And Its Partners Own (NXST)
Stuart Frankel & Co. Inc. And Its Partners Own (NYX)
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Stuart Frankel & Co. Inc. And Its Partners Own (RDC)
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