HSX Forums: Playing & Trading Strategy Board






FOXX outlook for July

Posted by: Roger More (a.k.a FOXXFund) on Jul 01, 10:13

FOXX had a pretty decent June, increasing from $38.59 to the current price of $47.87 despite only one real opener (SCOPR) which was mis-played after the adjust.  My target of topping last year's delist price has been reached, but I am still a shade behind WEINX and a long way behind DISNX. Ayway, something to aim for.

Looking down the road, the pickings are still pretty slim with PRTWN as the only opener in July.  It's as though Fox basically conceded the summer to Disney and Universal. I'm hoping for this to break out unexpectedly thanks to John Greene GFPs, but my (very limited) understanding is that the book does not have the fan appeal of TFIOS.

Fox's biggest opener of the season will probably come in August, with FANT4. The movie has had a gradual rise in price over the last two weeks, but I was making other bets on movies that had trailers come out. Now it's priced at a $47M opening, which seems a little too high for me. I certainly don't see the movie breaking out to open above $50M, but the sort of people who like to pick movies that will tank have been focussed on TERM5, and will probably be looking at ANTMN next.  I'll stay out for now (especially with the money that will flow into JURA5 and out of other high-priced stocks) and wait for the next round of bad press about the movie.

In other news, Fox has a couple of IPOs on the calendar for next week - a Searchlight dramedy priced at $8, and a Saturday comic book IPO priced at $50. Both look to be predictable short-term plays for some quick gains.

Targets for July - pass $50M, overtake WEINX (at long last), make up some ground on DISNX (which has faint hope because NMIND and ANTMN)

[FOXX]


Tag(s): FOXX

FOXX outlook for July   Roger More on Jul 01, 10:13

Your "target" is never gonna happen ;) {nm}   WEINXFund on Jul 01, 22:59

But I wish you all the best {nm}   WEINXFund on Jul 01, 23:00





Post a Reply

To post to the forums you must first login!

CBS: Magnum P.I. (MAGNPI) 20000 10.00 (0.00)         Teen Titans Go! To The Movies (TNTNG) 100000 30.23 (-0.31)         The Little Mermaid - Disney (TLMER) 20000 159.14 (-0.17)         Guardians of the Galaxy Vol. 3 (GOTG3) 100000 202.56 (-3.36)         Flarsky (FLRSK) 100000 33.33 (+1.02)         The Jungle Book 2 (JNGL2) 10000 67.41 (+0.19)         Operation Finale H$10 Put Fri-Mo (OPFIN.PU) 20000 2.24 (+0.24)         Melissa Leo (MLEO) 20000 49.93 (+0.53)         Venom (VENM1) 25000 131.02 (-1.16)         Clue (CLUE) 20000 7.96 (+0.04)         Meryl Streep (MSTRE) 20000 43.98 (+0.28)         Kin H$10 Call Fri-Mon (KIN.CA) 20000 2.03 (+0.03)         Child's Play (CHLDP) 100000 28.23 (+0.71)         Child's Play (CHLDP) 100000 28.23 (+0.71)         Molly Shannon (MSHAN) 19999 57.84 (+0.13)         Venom (VENM1) 25000 131.02 (-1.16)         Noah Taylor (NTAYL) 19999 37.63 (+0.15)         Vivo (VIVO) 100000 65.26 (-0.11)         Vivo (VIVO) 100000 65.26 (-0.11)         CBS: FBI (FBICBS) 20000 8.00 (0.00)         Ruth Wilson (RUTHW) 20000 36.88 (+0.16)         Toff Guys (TOFFG) 10000 16.01 (+1.01)         Hard Powder (HPWDR) 100000 7.05 (+4.38)         Guy Ritchie (GRITC) 1 112.32 (-1.14)         Star Trek 4 (TREK4) 100000 87.70 (-1.73)         Guardians of the Galaxy Vol. 3 (GOTG3) 100000 202.56 (-3.36)         Star Trek 4 (TREK4) 100000 87.70 (-1.73)         Liam Neeson (LNEES) 10000 10.85 (+0.02)         Hard Powder (HPWDR) 100000 7.05 (+4.38)         Steve Buscemi (SBUSC) 19999 60.42 (-0.14)         An Evening with Beverly Luff Lin (EWBLL) 50000 1.07 (+0.10)         The Spy Who Dumped Me (TSWDM) 20000 33.11 (-0.08)         An Evening with Beverly Luff Lin (EWBLL) 50000 1.07 (+0.10)         Steven Yeun (SYEUN) 19999 16.69 (-0.14)         Teen Titans Go! To The Movies (TNTNG) 20000 30.23 (-0.31)         An Evening with Beverly Luff Lin (EWBLL) 50000 1.07 (+0.10)         Laura Dern (LDERN) 12819 43.29 (+0.75)         Guardians of the Galaxy Vol. 3 (GOTG3) 95000 202.56 (-3.36)         Guardians of the Galaxy Vol. 3 (GOTG3) 5000 202.56 (-3.36)         An Evening with Beverly Luff Lin (EWBLL) 50000 1.07 (+0.10)         Emile Hirsch (EHIRS) 20000 34.19 (-0.32)         Emile Hirsch (EHIRS) 20000 34.19 (-0.32)         Emmy Rossum (EROSS) 12819 35.78 (-0.49)         Walton Goggins (WGOGG) 19999 70.79 (-0.14)         Aubrey Plaza (APLAZ) 20000 19.26 (0.00)         The Meg (MEG) 17000 102.90 (-1.01)         Hard Powder (HPWDR) 20000 7.05 (+4.38)         An Evening with Beverly Luff Lin (EWBLL) 99999 1.07 (+0.10)         Guardians of the Galaxy Vol. 3 (GOTG3) 25000 202.56 (-3.36)         CBS: Magnum P.I. (MAGNPI) 20000 10.00 (0.00)