Longshots enters crowded market.
Dunno if anyone has noticed, but KIDS Fund has been on a winning streak lately. Perhaps the lack of Fundcasts have forced us to focus more on making good decisions?
Nah. I think it's just that the flicks that have been coming out lately have been easy to decide if they were short or long.
Last weekend we correctly guessed that Star Wars: The Clone Wars ( SWTCW ) was going to be a complete disaster. It turned out to open even lower than our predictions bringing us even more cash. Post adjust hasn't been too kind to the flick either, so we'll continue holding it short until the value starts looking more sensible.
This week we have an opener that kind of snuck up on us in The Longshots. (LNGSH )It's a family friendly football film about a girl who gets to play with the boys' pigskin. Wait. That didn't sound right. What I meant to say is it's a flick about gender equality that few people are going to see. There sadly(?) isn't a big market for this type of fluff and so we're predicting a rather soft 4-6 million opening for the Ice Cube and Fred Durst film.
September currently looks empty for us, so it'll be a challenge to keep that graph going in the positive direction. But thankfully October has a potiential huge cash cow in High School Musical 3. (HISM3)
Good luck and happy trading.
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