Monday, June 25, 2007

Maria Flor De Luna's Demise and the ABS-CBN stock price increase


What a sad way to end a telenovela, the star of the show passes away. To use my daughter’s fave expression “This is the worst day ever!” Everybody was expecting the evil troika of General Gary Alvarado, Dona Brigida and General Torres to die but all three were just side swiped by bullets. I have to hand it to ABS-CBN, I reckon more than half of the Philippine population was watching the show last Friday (including us) and half of that half was sobbing to death (excluding us).

The show ran for 2 hours and was a heyday for advertisers. It seems like there were more commercials than the actual TV show run time. The TV station probably raked millions that day and it was definitely a spike in their cash flow. I should monitor these types of telenovela endings in the future and probably invest in stocks the day before. Maybe, just maybe, these scenarios may have an impact on their stock price and I can do a Jesse Livermore and make money overnight.

Footnote: Jesse Livermore is considered to be the world's greatest stock broker. In 1907, he made $3M in one day.

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