Aloha! Back to The Desk

Hi all, I just got back from a weekend conference.  It feels like eternity without any internet, but now that I’m back I can finally see what’s happening on the market.  T-Mobile has not been kind either.  I don’t know why I bother to pay for the internet add-on since it never works when it’s cloudy. 

Anyway, checking back on the market I wouldn’t feel to confident holding long this week.  That’s just me though.  A lot of other bloggers are buying this market.  I think the base is getting weaker so make sure you have at least some shorts.

Right now I’m doing research on the media industry, in particular, I want to see if REALD Inc. is a legit investment.  It’s an intersting story stock.  REALD basically owns the niche for 3-d media.  So, if you haven’t been to your local theater lately, then check it out because the latest trend is 3-d movies.  You get to watch movies wearing some heavy duty 3-d glasses (not those red and blue cereal box glasses).

Meanwhile, I see the paradox on the consumer side.  Watching a movie costs $10.  Add popcorn and drinks, and you’re spending $100 on a family of five.  Movies last about 2 hours, so that makes it $20/hour (Netflix charges $10/month).  That rate is not my idea of quality and economical family time.  Haha.  Go to the park and throw a ball.  Anyway, people will go to the movies, even if they’re broke.   Here in Hawaii, that’s all there is to do at night.  But lately, with prices rising, and paychecks declining, it’s hard to pony up an extra $5 to watch something in 3-d…

Option A:  Watch movie in 3-d, take home cool glasses, eat 3-d ramen noodles by yourself

Option B:  Watch regular movie, cruise at In-and-Out burger while complaining about how predictable the movie is with your friends.

Find the trend and trade it!

RLD $19.85  … I’m still on the fence.

Target 1:  $15 (the price of a movie ticket in 3-d)
Target 2:  $22  (price of a non-3d movie date)

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