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For future reference, perhaps you could ask relevant fund managers why they're holding a certain way?

Posted by: Lionsgate Studio Fund (a.k.a LGFXFund) on May 09, 03:52 in response to DouglasPennington's post Anyone else taking a bath on Maggie (MAGIE)?

 

Even if such people were away from the game when you posted, it would hopefully start a useful discussion with other traders.

 

In this case, LGFX shorted @ H$9.09 in late March -- just after www.maggiethefilm.com (linked from MAGIE's trailer) went live with the words "In Theaters & On Demand May 8."

 

I hope you recoup some of those losses (Deadline's Friday numbers will show you how).





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