April Showers Profits on PAE (AMEX: PAE) Shareholders
What an April for Peace Arch Entertainment Group Inc. (AMEX: PAE)! Over the past month, shares of the company have risen from $1.36 to $2.85, representing an increase of about 110 percent. Plus, share volume has jumped to record levels. This can be attributed to a barrage of good news including record revenues, film festival awards and a deal with Sony Pictures. On April 13, 2007, Peace Arch announced outstanding operating results for its second quarter of fiscal 2007, ending Feb. 28, 2007, highlighted by its unprecedented growth in revenue to $20.3 million from $3.7 million in the same period…