The latest Pier One Youth Theatre production, "Hit & Run!," a drama-mystery directed by Marc Oliver, opens at 8:15 p.m. Friday at the little red theater on the Homer Spit. "Driving home on a foggy night, a wear accountant hits a bicyclist," the play's description reads. "Doesn't stop. Doesn't tell." The show continues at 8:15 p.m. Saturday and 7:30 p.m. Sunday. Tickets are $14. Call 235-7333 for reservations.