iPic Entertainment Inc. - (IPIC) Social Stream
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$IPIC I went to this one tonight to watch Once upon a time in Hollywood. Two tickets, four drinks, $135 (totally worth it). Although the movie didn’t deliver to my expectations, the experience did and it’s hard to go back to an $AMC or $RGC after that.gaineous, published November 26, 2020
They obviously dropped major coin when building out their facilities as the place is VERY nice. The service, from Valet to in-seat ordering, is impeccable. They attract a very different type of clientele ($400k+ cars valeted in front). If they can restructure their debt, and curb expenses, this could be an interesting turnaround story. Or $NFLX could just by them since they’ve been itching to get into the theater biz.
I don’t own this and don’t plan on buying (I might pick up a few shares if it dropped to the .20s as a lotto), but nonetheless I’m watching to see how this unfolds.