You lose some, you ... lose some more

Wow, not a good weekend for the ol' KIDS Fund. While Coraline didn't do that great, and Pink Panther 2 was not that bad of a BO, we still were on the losing end of the adjusts.

Coraline first. A pretty good $16.8M weekend meant an adjust up on the stock from H$27.26 to H$44.09. The film also had a reasonably good monday tacking another million onto the BO total. It's gone up a few H$ since adjust, but I think it will end up being a mild post-adjust long. If you're holding it short and didn't dump on Monday after the drop, you're probably better off losing this stock.

Pink Panther 2. The sequal nobody wanted, but anybody would see on a whim. It pulled in a reasonable $11.6M over the weekend, causing a downward adjust from H$47.02 to H$32.40. While we rarely wish failure on a film, this would be an acception. We didn't anticipate it actually would be a mild failure (compared t0 the first), which is why we held it long.

So there you have it. We just did not pick too well this last week. Soon we have the chance to gamble big on Jonas Brothers 3D Concert Experience.... who we kidding, this movie's going to be huge!! After that, Race to Witch Mountain - ooeeeeooo! Also keep your eyes peeled for the sequel IPO to the imaginary movie TinTin!