Describing a movie is a “hit” means it’s popular and successful. A sequel is another movie that continues the story or theme of a previous movie – for example, Toy Story 2 is the sequel to Toy Story. If you say a movie “bombed, ” it means it was a failure; it was not popular or successful. “I WAS ON THE EDGE OF MY SEAT THE WHOLE TIME! ”
This is an idiomatic expression that means the movie was very interesting and exciting;