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Playing & Trading Strategy

WBROX is supposed to invest in Warner Bros. upcoming releases. But have a look at what the fund is holding.

Posted by: RogerMore on Mar 17, 16:04 in response to RazorHawk's post Fund managers are replaced for inactivity... not for poor...

Here's Warner's upcoming spring/summer schedule - 42, GATSB, HNOV3, SUPR2, CNJUR, XERXE, WEMIL  and GETAW. WBROX is not holding those moviestocks.  I don't think WBROX is holding any moviestock that has a release date.

Instead, it has a lot of max investments in projects that have been in development forever and will probably never happen - DEADM, DNOTE, DOZEN, FH451, FMRON, HSBOX, ISWYD, LETHW,  and many many more.

That's not just poor management - the fund manager is ignoring the fund's mandate of investing in movies being released by the studio.





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