I don't think Avatar is a flop. I was writing about the opening weekend, which was less than what was anticipated (expected to be north of $90 mill, biggest December open ever). Since -technology it's done well for itself, as you pointed out.
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Since Gundlach left his old funds are getting creamed. Everyone is redeeming shares and they are forced to sell this semi-liquid stuff at less than full price, thus forcing down NAV. Pity their pissing match with Gundlach ended so poorly for them. I can only guess that the whole transition was very poorly strategized by SocGen. Now they are haters, just trying to make his life difficult.
This lawsuit is laughable.
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