HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
What do you mean? When should you sell an opener? Hold onto it? Short it? Cover it?
ONLY you can decide when the best time to sell or cover a stock.. openers tend to have the most movement leading UP to when they halt, and then AFTER they adjust.
Many openers do NOT make their adjust price after 4 weekends.. so many people sell off and take their profits and move on. Others short an adjusted opener, hoping for additional earnings. Others hold onto them, hoping they may have good "legs" and earn evern more money.
Remember that probably 50% or more of the movies that open do NOT make their adjust price... so only YOU can decide WHEN the best time is to sell it, or hold onto it.
Beware of anyone who says "buy now" or "sell now..." as this is considered "manipulation" of stocks by HSX - which they take a dim view of... so be wary is someone tells you that.
Again - only YOU can decide when the best time to buy or short, sell or cover is... since everyone's playing style is different, and everyone has a different "tolerance" for risk... so I'm afraid if you're looking someone to tell you when to buy or sell, only YOU can decide that... sorry.
Is there a good article about how to handle movies after their opening weekend's adjust? Like FRNIT. Thx {nm} Aug 21, 15:29
What do you mean? When should you sell an opener? Hold onto it? Short it? Cover it? Aug 21, 22:17
Already very helpful post, thanks. Read more... Aug 22, 04:54
there are patterns you can sometimes rely on. examples: Aug 22, 06:23
Well, a couple of things I've noticed regarding Aug 22, 07:50
I love you guys and I love this thread! Good question, great answers! Thanks, from a 3rd party! {nm} Aug 22, 09:29
Well, if it helps a teenie bit, then glad it did... most of the time, I'm waaay off base. lol {nm} Aug 22, 11:51
really great input by everybody, very helpful, thanks! {nm} Aug 22, 14:00
also, your "gut feeling" gets more accurate with more data and more experience...keep feeding that gut...lol {nm} Aug 22, 17:35
