Finn Wittrock (FWITT)
TAG: $38,534,660 Price: $40
"Finn Wittrock began acting on television while also performing in theater on Broadway. He broke through with his Emmy-nominated role on the FX series 'American Horror Story'. After a couple of minor film roles, Wittrock starred inUnbroken and My All-American."
This will be FWITT's second movie into his TAG so we use this formula:
(Movie 1 + Movie 2) / 3 = New TAG/ Adjust
The value of this IPO rests solely on the magic number of 4.40. If his next movie does more than that amount his adjust will end up being higher than his IPO price of $40.00 and if his next movie makes less then his next adjust will end up being lower than his IPO price.
My All-American is going to be a wide release from Clarius Entertainment (which is a newer distributor). So far Clarius has released Before I Go To Sleep (3.24 mill); Legends Of Oz (8.46 mill) and And So It Goes (15.16 mill). 4.40 does seem possible but box office has been very bad lately and there are three other wide openers that weekend.
Another thing for consideration is that this starbond has another adjust coming in a few months that will be his third movie into his TAG and that adjust cannot go downwards and is currently looking like it might add about 10 points to the starbond TAG.
If you invest long now, even if you lose money or don't make money on the first adjust, you could likely make nice money on the second adjust.
| || |