Real American Heros

Or will it be Real American Chumps? The long awaited GI Joe is coming out today. While it's rated PG-13, I think we can all agree that GIJ is firmly within the kids realm. Before I jump into angry ranting on that, let's recap what's happened since the last post.

G-Force opened at a little over $32M and boosted the stock price by H$13. It was a nice boost for the fund and it was good to see a kids film do well. The movie is at $74M total at the moment only two weeks in, so I think it has a great chance of making its price of H$99 with plenty of monies to spare. I expect another good weekend with the current movie offering out there.

Aliens in the Attic was quite a different story. It opened to a terrible $7.8M and dropkicked the price of the stock big time. We held it short, but only to the tune of 6k shares. Don't worry, we had it long as it rose, so it was a good win overall. The stock still has some room to drop, as the movie is making about $1M a day and probably won't do too well this weekend.

Now the big one: GI Joe. This movie has been rumoured to be a terrible mess. Even the trailers look pretty dumb. I always remembered him as a tank-top wearing macho man, not some doofus in a black skin-tight suit. Oh well, in the end, nobody really cares or remembers. They just see the name and flock in. The midnight numbers look pretty encouraging for a long, but I honestly think it was just those dying of curiousity that bumped the numbers and it still won't make over $40M this weekend. By this flawed and biased logic, the KIDS Fund will be going short.

Coming next week is the anime import Ponyo. Not sure if it's getting anything like a wide release, but I think we can all agree it's not going to do very well. Nothing can top Pokemon. We also have another Robert Rodriguez kids film Shorts. HSX has humerously named it SHORT, but I think it will be quite the opposite.

Be well, trade hard. See you next time!