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Somewhere around 60% of limited releases delist under H$1 and 75% under H$2.
Those that don't are often easy to spot up front due to Oscar buzz or solid studio support/platforming plans. Even these are often slow to rise after opening. Shorting all, or most of them, pre release is a good strategy.
I guess this is just a more verbose way of saying the same thing ChrisEW said.
is it considered good practice to shy away from limited release films? I lost a ton on Middle Men [MIDMN] last few days. {nm} Aug 06, 11:29
Paranormal Activity did pretty well {nm} Aug 06, 11:51
I seem to remember a little film called "Slumdog Millionaire" that didn't do so badly after expanding from limited into wide Aug 06, 11:56
JUNO u know??? {nm} Aug 06, 14:24
Also, My Big Fat Greek Wedding, Precious and plenty of others that expanded and did well. But those are the exceptions. {nm} Aug 07, 08:04
You don't have to hold them long. {nm} Aug 06, 12:45
I find that most end up being shorts, and if not, you usually have enough time to flip {nm} Aug 06, 13:55
Somewhere around 60% of limited releases delist under H$1 and 75% under H$2. Aug 06, 14:03
This is sacred information to be passing out to neophytes. {nm} Aug 06, 14:17
yes, heaven forbid anybody with 5 mil or under be helped with something *eyeroll* {nm} Aug 07, 08:02
limited Aug 09, 10:48
