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What actually dictates the price of a moviestock?

Posted by: KeVeNML on Oct 15, 18:05

For instance, I bought the Halloween Ends (HALW5) stock and it was doing really good.  However, today (Saturday October 15) the stock plummeted (Down H$3.52 at time of this writing) despite the fact the box office for the movie so far is 20 million dollars for a Friday.  You'd think that with such success people would buy more of the stock.  Does the box office not play a factor in the stock price or is it strictly by the amount of people that buy or short a stock? If that is the case, then why do movies that dont report box office always delist at H$0.00?  What am I missing here?





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