Picture
_
IPO Thoughts:
Genesis Rodriguez (GRODR)

Every once in a while, HSX throws the players a curve ball of a starbond IPO.  Batters up!  This is a complicated adjust coming up... a triple adjust for movies that are released on three different weekends.  And you thought you had seen it all...
Picture


Genesis Rodriguez
(GRODR)
The Simple

GRODR's first HSX adjust on 6/4/12 will be a triple adjust of Man On A Ledge, Casa de mi Padre and What To Expect When You're Expecting.

The Technicals

This is the first time I have seen a starbond IPO in this situation.  Here are the technical details for GRODR's upcoming adjust.

Man On A Ledge will be GRODR's first release.  She will get a TAG after the movie delists but her price will not be adjusted because starbonds do not adjust their prices for their first release.

Casa de mi Padre opens on 3/16/12, but is a limited release so it will delist on 6/4/12.  What To Expect When You're Expecting opens on 5/11/12 and is a wide release so it will delist on 6/4/12.  This makes GRODR's first adjust a double adjust... kinda

Technically, she will have a triple adjust.  Her price will not be adjusted for Man On A Ledge's delist, but her first price adjustment on 6/4/12 will include 1/3 of that movie's box office in the TAG calculation.  Technically, even though it is a double adjust it is really a triple adjust.
_The Math:

GRODR will be adding her first three movies into her TAG, so we use this formula:

(Movie 1 + Movie 2 + Movie 3) 
divided by 3 = New TAG (what price she will adjust to).
_The Magic Number:

GRODR would need to make $90 for her first three releases in order for her TAG to adjust to her IPO price of $30.
The Next Adjust:

GRODR's next adjust on 6/4/12 will add Man on a Ledge _ (currently trading at $29.77) and Casa de mi Padre ($9.38) and What to Expect when You're Expecting ($53.77).  At current prices, her next adjust would go up 0.97 points
_The Adjust Range:

If Man On A Ledge/Casa de mi Padre/ What To Expect When You're Expecting makes X,
then GRODR would adjust to Y

  75 = $25.00
  80 = $26.67
  85 = $28.33
  90 = $30.00
  95 = $31.67
100 = $33.33
 


Comments




Leave a Reply

Real Time Analytics