HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
ELMNT fell only 37% in its 2nd w/e. Even if it only fell 30% in weeks 3 & 4, and only 30% Mon-Thurs, it would delist at $108.4m (math inside
First Mon-Thurs $17.5m
Weekend #2 $18.5m
$18.5 x .70 (30% drop) is $12.95m w/e #3 then $12.95m x .70 is $9.1m w/e #4
$17.5m x .70 (30% drop) is $12.25m 2nd Mon-Thurs and $12.25m x .70 is $8.6m for 3rd Mon-Thurs
$12.95m (w/e #3) + $9.1m (w/e #4) + $12.25m (2nd Mon-Thurs) + $8.6m (3rd Mon-Thurs) = $42.9m added to Day 10 $65.5 = $108.4m
ELMNT fell only 37% in its 2nd w/e. Even if it only fell 30% in weeks 3 & 4, and only 30% Mon-Thurs, it would delist at $108.4m (math inside Jun 25, 19:49
Sticking with my short at just under your #. The marking isn't great, my kids have 0 interest, just like Lightyear. {nm} Jun 25, 22:21
Just coming on to say this. The price was way to high to start. I'm not even sure it will break H$100 {nm} Jun 26, 00:30
A 50% drop each week from here would delist at $92.5m, but it held better than that for week 2. we'll see I guess {nm} Jun 26, 04:25