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Microcap & Penny Stocks : Cinema Rides (MOVE)
MOVE 5.727+1.2%Nov 3 3:23 PM EST

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To: Lee Bush who wrote (51)12/9/1996 8:44:00 PM
From: Candle stick   of 75
 
Wow! Life on this thread again! Well the earnings release was a pleasant surprise as I had given up MOVE for lost to tax loss selling for yearend. The facility in NY is running great and business seems to be ok. You should note that Dec, Jan ,Feb, will probably be the slowest months since Times Square is an outdooor location.

According to the Sept. 10q it states revenues have increased by 51% from Sept. 1995 quarter compared to Sept. 1996 quarter. Ceasars palace business has really picked up.
Revenues in Ceasars palace were up 42%, for the nine months ended Sept 30. Times Square which was only open 2 weeks for the quarter ended Sept 30. contributed $109,256 dollars and West Edmonton location revenues rose 115%. In addition expenses fell 16%!!!

I think Cinema Ride has finally gotten their ducks in order and is ready for a sustantial year in 1997 with all 3 sites now up and running full steam. I'm still in it and I still think there are big price moves coming up ahead.
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