Even with five new movies competing at this weekend’s box office, Taken 2 had no trouble holding on to first place for a second week in a row. The action movie edged out Ben Affleck’s Argo and Friday’s first-place horror feature Sinister, though each put up strong debut numbers. The picture was not as rosy for the remaining three new releases, including Sony’s comedy Here Comes the Boom with Kevin James.

Five, count ‘em, five new releases entered the box office race on Friday, though it looks like none of them will be able to unseat Taken 2 by the time weekend estimates are out. First on Friday was Sinister with an estimated $7.5 million from 2,527 runs. With Paranormal Activity 4 waiting in the wings, the R-rated horror movie barely registered a week ago; but with a scary-effective marketing campaign and well-attended late shows, Sinister took the lead on its first day out. By Sunday, however, Sinister should fall behind Taken 2 and Argo. The well-reviewed feature from director Ben Affleck placed third with an estimated $5.9 million from 3,232 runs on Friday and is expected to get close to $20 million by weekend’s end. Among wide releases, Here Comes the Boom had the most trouble. Opening in 3,014 locations, the comedy placed fifth with an estimated $3.6 million. The final two players in Friday’s box office crush fell below the top five. CBS Films’ Seven Psychopaths earned an estimated $1.4 million for ninth place from 1,480 locations while Atlas Shrugged: Part II, in a head-scratching 1,012 runs, failed to crack  $1 million.

A first trailer and poster for the Ayn Rand adaptation Atlas Shrugged: Part II have landed online to prove that the sequel actually did get made.  Part I was a box office flop when it hit theaters and netted overwhelmingly negative reviews, but the producers were determined to carry on with their plans to complete the trilogy.  Few of the first film’s actors have returned for this follow-up, and the trailer doesn’t exactly signal that we’ll see an increase in quality.  The visual effects are Terra Nova-bad and the dialogue is cringeworthy, with such thought-provoking lines as “I’ve only got one thing worth fighting for *points to brain* this.”

Hit the jump to check out the trailer and poster.  Directed by John Putch, the film stars Samantha Mathis, Ray Wise, Jason Beghe, Esai Morales, D.B. Sweeney, and Paul McCrane.  Atlas Shrugged: Part II opens on October 12th.