HSX Forum

Playing & Trading Strategy

Seriously, though, 3 things

Posted by: JohnTEQP on Dec 05, 18:53 in response to JohnTEQP's post Buy low, sell high

1. Short indies/foreign movies/docs, i.e. all the movies that IPO at H$2. Almost all of them delist well below the IPO price, and the IPOs are usually close to the release date. So those are usually easy money. Even for a small port, you can max out.

2. Play the openers on Sunday. Some genres, particularly horror and blockbusters, tend to delist below adjust, so there's usually a sell-off of those movies on Sunday. Short them on Sunday afternoon, cover on Monday morning, and you've got a decent dROI.

3. Be prepared for surprises. KILTS - a Brad Pitt movie - dropped something like H$5 on the day it opened. When was the last time a BPITT movie flopped? But there were clues that this was going to happen: it was being released in the dead zone of the weekend after Thanksgiving, and the stock price was way below what you would expect for a BPITT movie. So the hype (i.e. the fact that BPITT was in it) did not match the substance. It's tough to bet against the market, but very rewarding when you do so successfully.





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