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Playing & Trading Strategy

[AFRAM] 6 - April 2015 Report

Posted by: AFRAM The African American Fund (a.k.a AFRAMFund) on May 01, 21:37

Hi, this is RazorHawk and I manage The African American Fund.  AFRAM for short (and ticker symbol).


AFRAM started April at $78.50 and is currently at $96.43  (+17.93 month) (+ $597,666 avg/day)


Not much happened this month for the fund.


Furious 7 had a nice +2 mill adjust and then an even nicer 6mill post adjust to delist.


Nothing else really happened.  A few starbond adjusts and one or two IPOs.


The Avengers 2 is opening this weekend and there is a Fast And Furious 8 MEGA IPO happening on Saturday so cash is tied up for Avengers 2 and all the Blockbusters rising that I had been counting on is likely to cancel out tomorrow when everybody dumps everything for the MEGA IPO.


The days are numbered for AFRAM 6.  I expect to delist on Monday afternoon.  Avengers 2 wasn't looking to confident earlier this morning, but it woke up after lunch and started pumping out the #s that I was counting on and expecting.  Avengers 2 opening at 225 would get AFRAM 6 to ~$99 and that last 1 mill would easily be made from Avengers 2 post adjust movement and Fast & Furious 8 MEGA IPO moviement this weekend.

Avengers 2 making $232 or higher opening weekend would be enough to delist the fund.


Not too many movies to play with, but still able to delist in a timely fashion.


AFRAM 6:


Selma; Taken 3; Blackhat; The Wedding Ringer; Black Or White, Jupiter Ascending, Kingsman: The Secret Service, Hot Tub Time Machine 2, Focus, Run All Night, Insurgent, Get Hard, Home, Furious 7, Avengers: Age Of Ultron.


Tag(s): AFRAM





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