dramamama611 said: "If you were a first time investor and THAT'S what you thought despite seeing the grosses and knowing your break even point? You shouldn't be an investor. The day they announce closing means very little. It doesn't look any worse today v any other day. A flop is a flop. Getting Tony noms MIGHT have given them a reason to get more money to sustain."
So many thoughts.
First, who the heck are these investors, generally? If you are putting money into a **Broadway show** — and truly need/deeply care about said money, you are an idiot. Full stop. Were I to have, say, tens of millions in excess cash, it would be a game to me, and there would be no urgent need to trample over people to post a closing notice tonight, after months/years of effort.
Second, if we *must* post closing notices hastily, Lempicka and HoRR don’t belong in the same boat. I would be much quicker to cut bait on the former. It is a show that needs critical acclaim to gain traction since, based on general reaction, word of mouth is unlikely to do it.
But with Heart: Do we really think they thought they were going to be a massive award winner? Why should this affect them? Average ticket price went from $37 to $67 or whatever… so what harm is there in giving it a few weeks for word of mouth, unless they really need to save their money — in which case see Point #1, they are idiots. 😀