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The 5th Quarter, why is it priced incorrectly?

Posted by: 121Jigowatts on Jun 01, 10:51

I just bought 100k shares of The 5th Quarter (5THQU) at $0.29. It has already grossed $400,000 and it is delisting in a few days. Why isn't it already priced around $0.40?

The 5th Quarter, why is it priced incorrectly? 121Jigowatts Jun 01, 10:51

The current price is based on trading, which is closely tied to performance but not defined by it. {nm} Austinmh Jun 01, 11:11

How can it be less than what it has already grossed? Isn't it guaranteed to delist higher than where it is now? {nm} 121Jigowatts Jun 01, 11:20

Only the gross on the Stock page is up to date every Monday delist day, price can be underpriced anytime up to delist of stock, be patient {nm} karspov Jun 01, 12:15

In short , as long it is below the grosses it made in theatres, u will get your full amount back in parallel with the grosses when it delist {nm} karspov Jun 01, 12:18

stock prices are set by market forces, not box office (unless its a wide release) {nm} lapuckfan Jun 01, 11:12

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