Nailed It!
Despite Hannah Montana's epic concert flick (HMMCB) dropping 21 cents with the highly unusual 1.0 multiplier adjust today, it's safe to say that it was a big win for KIDS Fund.
As we've been talking about for nearly a month now, the 3D adventure was a real puzzler. Aside from the fact that no one really knows what teenage girls want, everything was way confusing about this double bill of Disney's hottest money making properties.
Now with the announcement of a second weekend, the 1.0 multiplier insures a post-adjust long. But what should we be expecting?
Demand will likely fall off early week as the news has to filter out that Disney isn't gonna let Miley out of theatres just yet. But then there is the bonus of new and likely repeat buisness for that rabid rabid fanbase that can't seem to get enough of their hip homegirl.
With 29 million already in the bank, we may likely see as much as 2-3 million per day Mon-Thursday and another 20 million next weekend. While there will probably be a lot of traders unsure if such a feat is possible, KIDS Fund is still not about to bet against her.
So that means, post-adjust, our plan is to continue our long holding to near 60 dollars a share.
Briefly in other news, rumor on the boards went around earlier in the weekend that The Spiderwick Chronicles (SPDWC) maybe will be featuring the first trailer for Indiana Jones 4: The Really Weirdo Title (INDI4).
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