It's nice to have $$ to buy IPO's, and other quick stock gains, however, it's not hard to chew up all your cash with buying movies that are opening within the next 60, 90, or 180 days.Ā These stocks will have more movement as their release dates near.
With $60M in your port, it's good to keep some $$ on hand for buys you want to make right away for various gains, but it's also good to keep more of your $$ working for you rather than having big chunks laying around in your port doing nothing....