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[FOXX] Fox Studio Fund week 16 report.

Posted by: hyper (a.k.a FOXXFund) on Jan 03, 03:50

Price History Chart (courtesy KaiGee)

First the numbers: Last week was one of consolidation, after two weeks of solid increases, particularly for our current releases. We made a small profit of $1.27 per share but we are still comfortably ahead of our $3.00 per share average weekly gain in the second quarter. We are now up 540% since IPO.


Investors who have followed the fund closely will be aware of how our strategy has evolved from simple day trading of smaller stocks for incremental profit toward a long-term strategy of major releases. Of course we will still day trade news events on Fox related properties but our emphasis is now to maximise profits with the minimum of costs.


In the buy and hold category we are fully invested in current releases: ‘Alvin and the Chipmunks: The Road Chip’ (ALVN4), ‘Joy’ (JOY) and ‘The Revenant’ (REVEN), as well as‘Kung Fu Panda 3’ (PAND3) which opens wide on Jan 29th.


We are also long on ‘Gambit’ (GAMBI) which is slated for release in October, as well as ‘Kingsman: The Secret Service 2’ (KTSS2) and ‘Alien:Covenant aka Prometheus 2’ (PRME2), all of which are significantly undervalued.


When funds become available we will be looking to invest in a couple of summer blockbusters as well as tracking other developing projects - more of which later.


On the ‘short’ side we are betting that ‘The Clan’ (TCLAN) disappears without a trace in January and ‘Eddie the Eagle’ (EDEGL) underperforms when it is released in February. Also that there is significant mileage in continuing to short the development projects ‘Die Hard: Year One’ (DIEH6); ‘Hidden Figures’ (HIDNF); ‘Shadows’ (MSHDW) and ‘The New Mutants (NMUTN), at least until there is any news that they are making meaningful progress.


One absentee from our portfolio is ‘Deadpool’ (DEADP) which we bought at $93.85 and sold at $122.04.  Although I anticipate that we will buy back in after it has fallen back to a level of ‘fair value’.


happy hunting,

hyper


Tag(s): FOXX





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RoboCop Returns (ROBO2) 99999 30.00 (0.00)         Naked Is the Best Disguise (NITBD) 50000 18.90 (+0.90)         Naked Is the Best Disguise (NITBD) 50000 18.90 (+0.90)         Fantasy Island (FANIS) 64780 37.03 (+0.32)         RoboCop Returns (ROBO2) 100000 30.00 (0.00)         The Boy Who Knew Too Much (BWKTM) 100000 18.72 (-1.91)         An Unquiet Life aka Roald Dahl b (UNQLF) 18 1.80 (-0.03)         The Boy Who Knew Too Much (BWKTM) 25000 18.72 (-1.91)         The Boy Who Knew Too Much (BWKTM) 100000 18.72 (-1.91)         The Boy Who Knew Too Much (BWKTM) 25000 18.72 (-1.91)         Wonder Woman 1984 (WOND2) 100000 292.73 (+0.36)         Bumblebee aka Transformers 6 (TFRM6) 100000 134.44 (+0.49)         Sony Studio Fund (SONYX) 7001 12.11 (-0.24)         The Clovehitch Killer (CLVHT) 100000 3.18 (+1.09)         Snow Ponies (SPONI) 3 9.47 (-0.02)         Maine (MAIN) 57000 1.77 (+0.07)         The Beach Bum (TBBUM) 4 6.06 (-0.02)         Robotech (RTECH) 100000 13.88 (+1.42)         Strange But True (STBTR) 230 5.36 (-0.04)         The Clovehitch Killer (CLVHT) 100000 3.18 (+1.09)         Ford vs. Ferrari (FOVFE) 100000 56.61 (+0.26)         Ready or Not (RONOT) 25000 16.84 (+2.68)         Live, Die, Repeat and Repeat aka (EDGT2) 100000 21.13 (+0.16)         Wasp Network (WASPN) 4 6.40 (-0.06)         A Nightmare on Elm Street 2 (NELM2) 100000 1.03 (+0.01)         The Boy Who Knew Too Much (BWKTM) 95 18.72 (-1.91)         Ready or Not (RONOT) 25000 16.84 (+2.68)         The Boy Who Knew Too Much (BWKTM) 100000 18.72 (-1.91)         The Boy Who Knew Too Much (BWKTM) 100000 18.72 (-1.91)         Lights Out 2 (LITS2) 12 7.83 (-0.08)         The Little Stranger (TLSTR) 13 3.07 (-0.04)         Indivisible (NDVSB) 900 4.95 (-0.06)         RoboCop Returns (ROBO2) 100000 30.00 (0.00)         RoboCop Returns (ROBO2) 100000 30.00 (0.00)         Nicole aka Noelle (NICOL) 31 1.96 (-0.06)         The Public (PUBLC) 4000 3.35 (-0.02)         Semper Fi (SMPRF) 6 1.58 (+0.01)         Icebox (ICEBX) 5000 2.78 (-0.02)         Finest Kind (FNKND) 81973 15.72 (+0.03)         Gloria Bell (GLORB) 4000 3.07 (-0.02)         The Hate U Give (HTUGV) 100000 24.28 (-4.29)         Cold Pursuit aka Hard Powder (HPWDR) 22039 16.57 (+0.11)         Nicole aka Noelle (NICOL) 31 1.96 (-0.06)         Bad Education (BDEDU) 3000 15.54 (+0.05)         RoboCop Returns (ROBO2) 100000 30.00 (0.00)         RoboCop Returns (ROBO2) 100000 30.00 (0.00)         Dumbo (DUMBO) 100 174.31 (-0.24)         A Star Wars Story 3 (SWAR3) 100000 122.43 (-1.00)         Dragged Across Concrete (DRACR) 15 3.86 (+0.06)         The Odyssey (ODYSY) 600 2.36 (-0.02)