Movies

I want to understand why GRVTY price went up instead of down after itx $149.99 adjust. Can someone please explain. {nm} TheFox Oct 11, 05:50

I mean in the 1st day after traders normally dump the stock after they longed before OW. At this stage there is no sign that it has big legs {nm} TheFox Oct 11, 05:58

It did get dumped. It was down by $11 at one point, but the price recovered on the same day. {nm} RogerMore Oct 11, 06:06

Yep, made some nice H$ on the way down and again on the way up. It happened, Gavin just didn't notice... {nm} slappydavid Oct 11, 06:21

okay then my question is for u & others who flipped again after it going down by 11. why not 12 or 14 {nm} TheFox Oct 11, 06:34

or why not the next reset or any other reset like most other stocks, incl JB23, which also had massive legs. {nm} TheFox Oct 11, 06:38

We had no idea JB23 would have legs, none of the previous ones did. The signs for Gravity were absolutely there: islander Oct 11, 07:22

I agree with those saying that the signs were (and are) there for long legs. Dales Oct 11, 13:23

or why not the next reset or any other reset like most other stocks, incl JB23, which also had massive legs. {nm} TheFox Oct 11, 06:38

I, like many, flipped when it was halted. I was stoked when it kept dropping, but then held it short for too long and lost the profit. Willroast Oct 11, 06:42

I flipped when I noticed the trend had changed. I always expected to flip on monday, I was lucky to catch the low point... {nm} slappydavid Oct 11, 06:59

geez thats cruel I think I seen it go down by about $2 then I slept. But how come JB23 stayed down 1st 24hr. {nm} TheFox Oct 11, 06:28

I think signs actually do point to it having big legs... big social media buzz, good reviews, etc. {nm} Biff68 Oct 11, 06:42

'Gravity' is also adding 85 Theatres this OW. RotoHockeyYTD2013 Oct 11, 06:52

I guess folks think it will outsell $150M. Also, the solid receipts from the weekdays are a good sign of it's solid legs. {nm} Willroast Oct 11, 05:59

Yes 4 to 5 days after OW it looks legs look solid, but immediately after adj traders already have long or take their profits & run sending p {nm} TheFox Oct 11, 06:06

Yes 4 to 5 days after OW it looks legs look solid, but immediately after adj traders already have long or take their profits & run sending p {nm} TheFox Oct 11, 06:06

...price down if anything. Nearly ALL stocks where majority hold long before ADJ go down in the 1 day after ADJUST. {nm} TheFox Oct 11, 06:10

Like RogerMore mentioned, it did see the steep downward turn this past Monday, but recovered quick. CrockettsMafia Oct 11, 06:27

boxoffice.com is predicting $39 5 million. so yes big legs, I got caught out too, even though I have been predicting big ow & legs for 6mnth {nm} TheFox Oct 11, 06:56

Well now you've seen the exception - I'm some got caught when CNJR didn't drop like other horror films, or when NSID2 didn't hold like CNJR {nm} JDolphin Oct 11, 10:03

I thought it was going to have legs from the OW and was upset when it dropped so much but I've since made my money back so I'm fine. {nm} JDolphin Oct 11, 10:00