In an interview with Real Vision, IPO Edge Editor-in-Chief John Jannarone lays out several 2019 catalysts for luxury-theater operator iPic and clears up confusion created by uniformed short sellers. Chief among the positive events on the horizon is formal approval to open a theater in Saudi Arabia, which alone may be worth $8 a share. The company also has distinct advantages over most listed movie exhibitors because it earns most revenue from food and drink, minimizing its exposure to the box office slate. IPO Edge published a detailed analysis last year explaining the company’s unique opportunity.
Contact:
Instagram: @IPOEdge
Twitter: @IPOEdge
