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  5. CGX: Happy New Year! [Cineplex Inc.]

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Q: Happy New Year! Looking for some direction on Cineplex. I've held about 2000 shares since 2009 with an average cost of $23.00. I missed selling it off when the pandemic hit and am wondering if I should continue holding out hope it might come back to levels close to $20.00, or should I cut my losses? I don't have any gains to be offset by taking a loss right now. I am planning to retire within the next two years. Thank-you.
Asked by John on January 02, 2025
5i Research Answer:
CGX is a mature business that is facing a secular headwind due to the dominance of streaming...
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