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. {nm} 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. JDolphin Oct 11, 10:00