HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Normal? Well, it's predictable. Blockbusters that far from release move in response to short-term factors.
The stock price, this far away from adjust, has almost nothing to do with expected gross. Most owners have large portfolios, and buy and hold shortly after the IPO, riding it to release. Some follow more actively, jumping on upward or downward twitches in price to make profits off of momentum trading. Every now and then, that snowballs out of control - which is what's happening right now. In an hour, or a day, or a week, the Nantucket Sleigh Ride will be over, and it'll turn around. But trying to predict when that will happen is a fool's errand.
SPID4 down $35 in 24 hours for a one month push back in shooting date? Is this normal? {nm} Jan 06, 08:03
Have you been reading? Production is pushed back at least 3 months. Actors are looking for other jobs. {nm} Jan 06, 09:54
That's the best case. If Sargent's rewrites are not good enough, it's gonna be off 2011 entirely. {nm} Jan 06, 09:58
Sargent's rewrites on the last film were to bring in Venom, so it'll definitely be the changes that Sony prefers. {nm} Jan 06, 10:21
The question is, could SRAIM walk away if he's not happy with the forced addition of Black Cat? {nm} Jan 06, 10:26
Maybe they'll bring on JCAME instead, since they couldn't get him for Aquaman 3 {nm} Jan 06, 10:35
As fleeting as Directors/Actors/etc can be, SRAIM is not going to walk, or he would have done that long ago {nm} Jan 06, 10:37
Variety said it was indefinite? {nm} Jan 06, 08:17
Don't make sense. It'll still make tons of money. But, I'm riding that profit wave! {nm} Jan 06, 08:18
Normal? Well, it's predictable. Blockbusters that far from release move in response to short-term factors. Jan 06, 08:46
THR says "Production still could begin by this summer." That's the best case, Jan 06, 10:06
Point is the market's overreacting. I'd understand a $10 drop, but $40 this rapidly is insane {nm} Jan 06, 10:09
Not if SPID4 is likely to be pushed back to 2012. Nothing in 2012 is priced that high. {nm} Jan 06, 10:12
How big is your Short on SPID4? :-) half-joking {nm} Jan 06, 10:15
im not mad at anyone, but when a price drops this far, it should be based on heavier news Jan 06, 11:09
exactly, and the same stock did the exact same thing just about a month ago Jan 06, 11:39
You're blaming me for explain the news to you? {nm} Jan 06, 11:19
I'm not losing money, sorry though for pointing fingers :-( wasn't trying to make it personal {nm} Jan 06, 12:22