HSX Forum

Playing & Trading Strategy

That's the 62 million dollar question

Posted by: Jane_Citizen on Sep 23, 20:02 in response to EvanThompson's post How do I properly play an opening weekend?

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!





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