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At this point

Posted by: mxwizard1 on Sep 07, 10:32 in response to mxwizard1's post Easiest Answer

It 2 has peaked so its delist value in one month with be a little north of 200 million. Standing at 236 now, it will lose close to $26 = 2.6 million possibly. The best thing to do is sell at at the very least, then to short the stock.

Stock Drop Question MitchC Sep 05, 14:42

WB gave a "conservative" opening number of 85-90M. it's on the movie board from yesterday. you may have missed it. NOLEAFCLOVR Sep 05, 15:45

Easiest Answer mxwizard1 Sep 07, 10:19

At this point mxwizard1 Sep 07, 10:32

Thanks. I actually sold It2 Long a couple of days ago, and bought it short. So, in addition to the millions I made on it long, I've made {nm} MitchC Sep 07, 13:20

Quite a few million more short Now I'm just going to hold it, and see what happens {nm} MitchC Sep 07, 13:21

By George...I think he's got it! {nm} GruntNoNeck Sep 09, 18:06

"The life cycle of a movie stock" {nm} MattW Sep 09, 18:45

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