Hallelujah, It's Raining.... Meatballs?
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Old news first - 9. Yes, it did poorly. Yes, we called it right. It did $4.4M Wednesday and Thursday, and almost $11M on Friday. The adjust was to around H$33, but it has continued to drop to its current point of H$26 a share. My opinion on the movie? Pretty, but a weak weak storyline. We made money, so it's all good
This week's opener is the CGI version of the wonderful KIDS book "Cloudy With A Chance of Meatballs." If you have not read it, head to a bookstore and have a quick read! Currently break even is around $28M for the weekend. I think it could easily do $35 - $40M. It's an empty KIDS market (9 only sort of kind of counted) and with school starting, I think parents and kids are itching for a good weekend out. We're long.
That's all for now. We have the cool IPO of The Lorax coming next weekend, and the very scary Toy Story 3D movies coming out. I have no idea how these will do.
Trade hard!
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