Brand new sub so I'm basically just talking to myself at this point. I created this sub because I recently came across $NCMI (National Cinemedia). They are the ones responsible for the advertising you see before previews begin before a movie starts at the theater.

As of this post, the price of the stock $2.58 and I believe is extremely undervalued. As fears of delta variant still are negatively affecting theater attendance, we are also gradually seeing an increase and I don't believe that has yet started to positively affect theater related stocks. It will come.

Also, today NCM announced the rehiring of Maria Woods as Executive Vice President. The news was clearly received positively as we saw a 3.5% increase within the first hour of market open.

If previous pandemic history repeats, winter months may cause a spike of COVID infections which would negatively impact the stock price but I think we are already looking at the bottom right now. It's only up from here. No specific price target. Just up.

Hope to see you all soon.

EDIT: Oh, and I'm using an alt account to moderate this sub so there is no post or comment history. I primarily use u/yokashi-monta.