Do you really think MR is going to wait long term for this to turn into a 10 bagger? I just read the PR put out - it outlines a producer joining the staff that I've never heard of. The movie isn't starting production until June 1st. HSA touted this as the play of the century and a multi day/week runner. It has done NOTHING of the sort. The news just released is garbage and the market is treating it as such (read: you don't see heavy buying). Unless HSA puts up his own money to get his followers out, he just alienated the majority of his group with this play. You should take your >50% loss and try to recover it elsewhere, JMO. And if you somehow haven't lost anything on the play, I would probably get out ASAP. Again, JMO.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.