At the end of the funds' second month of activity, we reached 40 million !
I'm sure all fundholders are happy with that 100 % increase in just 2 months time :-)
The main reason for this result lies in the failure of the Fantastic Four Movie, which the fund shorted heavily. The sequel to that dud shows a lot of movement too, thanks to speculations that it will never happen, or that it might happen still.... we'll ride that stock for how long it delivers.
September looks promising for MAZE2 ( plus MAZE3 movements ) and HTRN2. The fund believes these two movies will be succesfull at the boxoffice.
Meanwhile STAR7 looks very cheap at todays price. Especially when speculations in the forums of a 300 million OW ramble on. Stock will probably go through the roof when the marketingforces for this blockbuster pick up steam.
The fund will keep STAR7 in its portfolio for a quarter of its capital (10 million dollars), in anticipation of that outbreak.
September shows lots of promise for sequel-stocks and the fund should reach 50-55 million by the end of the month.