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Although I'm no expert myself, I can tell you from personal experience that movies (especially fanboy type movies) tend to be overpriced

Posted by: jeankie on Jun 30, 04:41 in response to EggNogAdam's post I'm sort of new - why is [CBALN] going down? Is it that,...

until they near their date of release. Chances are people are switching their longs (either just selling or shorting as well after) or fresh people are shorting the stock as they don't believe it will make current price / 2,7 on opening weekend.

I'm sort of new - why is [CBALN] going down? Is it that, using the forumla, people don't think it will make $300+Mill on OW? {nm} EggNogAdam Jun 30, 03:43

formula* {nm} EggNogAdam Jun 30, 03:47

I don't think u understand the formula. No movie is opening to 300m {nm} islander Jun 30, 04:41

hahaha I'm pretty sure I don't. {nm} EggNogAdam Jun 30, 07:45

Although I'm no expert myself, I can tell you from personal experience that movies (especially fanboy type movies) tend to be overpriced jeankie Jun 30, 04:41

This summer a lot of wide releases with once high expectations have been under pressure... second gary Jun 30, 06:24

oops. Meant this to be a reply to ENAdam. {nm} second gary Jun 30, 06:38

The formula ( for 3 day weekend) is OW*2.7=sunday adjust. Then the four week total for the movie is your delist price. {nm} Juiced Jun 30, 05:38

** This post has been removed by the forum moderator! ** EggNogAdam Jun 30, 07:47

and, yea, I know that nothing short of HP8 or Hobit is gonna pull that in less than 4 weeks. {nm} EggNogAdam Jun 30, 07:48

stock price is already multiplied. you divide by 2.7 to get the projected OW islander Jun 30, 07:55

oh. nice. thanks. didn't realize. {nm} EggNogAdam Jun 30, 08:55

If CBALN has an opening weekend of 50M, it would adjust to H$135. 40M, to H$108. {nm} second gary Jun 30, 08:24

oh my god, I've been multiplying this whole time... EggNogAdam Jun 30, 08:54

Oh well. By the way, the "OW" derivatives, of course, are exempt from opening weekend multipliers. {nm} second gary Jun 30, 08:56

... for a sec I was like "noooooooooo" then I realized that I knew that. haha. {nm} EggNogAdam Jun 30, 10:51

Antibody, could you delete this thread? It's speculative and jerking the price for no reason. prahainsider Jul 08, 10:51

Too much egg nog? {nm} bloopster Jun 30, 09:42

it's ok. I only drink BEFORE work! {nm} EggNogAdam Jun 30, 10:51





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