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Movies

Supply and demand sets price? No way!

Posted by: RogerMore on Jul 04, 09:57 in response to elchan's post Yes, it will $32.61. ;-) Actually the trend seems to be...

I do think that RH would be able to get a premium price for his port.  Top 100 ports don't come up for sale that often.

But it's also a lot easier to make money now than it was a few years ago.  Share ownership was limited to 50,000 per moviestock, the halt was on Friday making openers much riskier, and there were no .OWs.  Overtaking dormant ports is a lot quicker now, so more traders can see a path to the top 100 than before - though it still takes a few years to get there.

There was a port in the top 10 that sold for several hundred a while back - I don't remember the exact price.  It's now languishing at #39, as a lesson for anyone who buys a port and skips the learning curve of how to manage it.





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