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Good question. It is dropping because enough traders believe that it cannot open to anymore then $80 because no other movie in history has..

Posted by: Gavin (a.k.a TheFox) on Nov 12, 22:05 in response to geckoidol's post Why is Hobbit dropping like a rock in a pond the exchange!?

just before Xmas.

But you also have to allow for inflation and the fact that records do get broken.

A very popular site www.boxoffice.com predicts that HOBBIT will smash the box office with an opening weekend of $137 million. Multiple that by 2.7 and you will get your HOBBIT adjust if www.boxoffice.com is correct. And if it is, HOBT2 and HOBT3 should follow suit.

Go back on these pages at least for the last ten and you should find some interesting arguments for and against the HOBBIT.

My advice to you is to do your research carefully and come up with a decision on how you expect the HOBBIT will perform then ignore what happens on the exchange as the COMMISION is very expensive and well it could go down and down again or it could go up or down at ANY time costing you dearly if you keep flipping.

If you do your research carefully you should get it correct and REMEMBER it will ADJUST soon and anything that happens in day to day trading won't matter.

Hope this helps,

Gavin

Why is Hobbit dropping like a rock in a pond the exchange!? geckoidol Nov 12, 21:12

(sadly shaking my head) I've had to erase what I started to type, several times. {nm} edzep - Port Monkey! Nov 12, 21:41

You need to keep up with current events and not pop in once a week to ask why your stock is going in a direction you don't like. {nm} PVL Admin Nov 12, 21:53

I check in every day. I look at the news associated with HOBBIT. I found nothing new. What am I missing? {nm} geckoidol Nov 12, 21:59

Every day, you say? You need to pay A LOT closer attention then... see IM These are not short threads! PVL Admin Nov 12, 22:06

Go back at least the last 10 pages, as this one has been brought up many times. Also see me answer below. Regards Gavin {nm} Gavin Nov 12, 22:08

I suspect he's too busy keeping lean and mean.. :-) {nm} Facto Nov 12, 23:13

Idol, the thing is that all three sneaky little hobbitzesss were priced as if they were July openers, but then someone reminded the exchange Facto Nov 12, 23:16

That's not case either as Hobbit 3, opening in July is also dropping like a rock {nm} thatpj Nov 13, 11:14

Agreed, the people dumping that one are either fools or need the cash for other near-term investments {nm} BSmurf Nov 13, 11:43

These day traders and idiots swear this movie will bomb with only an $80M opening, I say, "Nay!" However, you should know how to play the He was robbing me, raping me! Nov 13, 09:36

Geckoidol! {nm} Facto Nov 12, 21:53

Good question. It is dropping because enough traders believe that it cannot open to anymore then $80 because no other movie in history has.. Gavin Nov 12, 22:05

Guys thanks. geckoidol Nov 12, 22:12

My earnings that I posted are YTD from 1/1/2012. {nm} geckoidol Nov 12, 22:13

NOT a good question. Hours later, so now, I will comment... edzep - Port Monkey! Nov 13, 04:10

Maybe It is Twilight Saga Breaking Dawn stock effect!! {nm} mike255 Nov 12, 22:16

another reason and this is only a maybe is that some ports may be dumping stocks like HOBBIT to buy TWLI5, and then this has a flow on... Gavin Nov 12, 22:23

um..lol I dumped JB23 so I can buy TWLI5. Makes sense. {nm} geckoidol Nov 12, 22:34

Seriously, I have oceanfront property in the himalayas to sell you. {nm} He was robbing me, raping me! Nov 13, 10:01

Skyfall is taking a beating on sell off!! {nm} mike255 Nov 12, 22:33

Who ever shorted the stock is banking!!! geckoidol Nov 12, 22:40

Again!!! Don't talk about current stock movements. {nm} PVL Admin Nov 13, 16:25

In a galaxy, far, far away, there are no Hobitses to be found. There is, however a Jedi that looks suspiciously, like Golem. {nm} elchan Nov 13, 07:10

The short answer is that many expect it to drop severely in upfront interest from LOTR. Several sites are predicting ~ $80m for the opening, ShawnMR Nov 13, 08:58