How to play stocks more than 12 months from release: Don't ever long them unless you buy on the news and sell at the end of the day.
They don't move fast enough to be worth your money and they may never get made.
If you don't really like starbonds, one viable strat could be to short ~25k shares each for the big projects (currently H$20-H$50) you think won't get made.
Another possibility is to put 50mil in starbonds, 20mil for playing this summer's openers (buy on Friday/Saturday and sell at adjust), ~4mil for funds and 25mil for daytrading/news.
Safest/most profitable way to play the openers is wait til early numbers come out on friday nights/sat mornings and see where there is nearly gauaranteed money to be made before halt.
It's going to depend on how much you play on a weekly/daily basis. The less you play, the more you want in starbonds so you don't get caught with your pants down shorting a big one. There are so many good bonds for this summer.
If you're into daytrading (~90minutes combined in a day) I can give advice specific to that but I'll assume you are not.
If you're into reset trading (~30 min at 12am pst and ~5min at 6am pst) you can save 5 mil for that each week.
The bottom line is... you want your money working at all times. Buying a development stock with your fingers crossed that the first news in 2 years comes this week is a bad strategy. The more it stays news-less, the more it should slowly sink.
I strongly suggest looking up ROI and try to make 1%+ per day on as many investments as you can.
This last part is purely opinion and speculation, but the only development stocks I would consider buying and holding right now are cheap stocks (under H$40) based on comic books with bright prospects.