HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
That's the 62 million dollar question
You can sell now before the halt if you think that the current price is higher than the actual OW box office is going to be. Or if you think the price still has further to rise, hold the stock through the halt until the adjust (at which time Antibody will artificially adjust the price of the stock to reflect the assumption that 2.7*OW box office is the 'right' price for the stock). After that, the stock trades like normal for four weeks (as it's a wide release), after which time it will delist (or cash out) at the value of its box office take to that date. Commission applies for any trades you make, but there's no commission at the delist.
Sometimes it's good to sell before the halt, as estimates can be way off, other times they are way under and you would have made more if you stayed put. It's a gamble!
How do I properly play an opening weekend? Sep 23, 17:59
That's the 62 million dollar question Sep 23, 20:02
"Halt" Sep 23, 20:11
Yes that's exactly what it is - I *think* it happens 6pm pacific time Saturday (check the market calendar) Sep 23, 21:39
It basically comes down to this.... Sep 24, 11:34
Wish I heard all of this advice sooner! Sep 24, 12:08
Perfect, thanks! {nm} Sep 24, 12:21
Would you have been smart to sell off BEFORE the numbers came in with B.O. estimates?? Sep 24, 15:45
The best way to learn it is to watch it closely as you have done this weekend. Sep 24, 17:40
With a tiny port and little experience I would probably wait for box office estimates and... Sep 25, 06:17
