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Verity isn't having a bad week. if it were to only do PRAC2 like numbers it would delist at over $70M.
take into account that Verity opened 6.8% higher, and through tomorrow should be pacing at 12% higher after the first week than Magic. so not even seeing the drop this weekend tells us that Verity should at least get a 2.2 - 2.3x multiplier.
with the Federal holiday on Monday, a 50% drop (or slightly better) into 2nd weekend wouldn't be impossible, and a 50% Monday drop is likely as well.
4-day total could be as high as $18M, and likely doesn't fall below $15M.
I expect a Day 11 to be anywhere between $57-60M, with 13 days left to run until delist.
Verity isn't having a bad week. if it were to only do PRAC2 like numbers it would delist at over $70M. Oct 08, 21:18
some food for thought.... Oct 08, 22:04
good analysis {nm} Oct 09, 06:45