HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Respectfully, I disagree... I think small ports can make as much on shorting... as they can buying...
...and I'm speaking only of openers, IPO's, etc... but when I first started playing, we could not short a movie when it opened... you had to sell the stock before it halted, if you didn't think it would earn its price.
Today, you can short an opener if you don't think it will earn it's price AND still make money on that investment (IF you're right of course).
I think you can earn MORE money on openers by PLAYING them...either shorting OR longing them.. playing either way is a big advantage. Sure, it's risky to short a stock... just like longing it... but what's the difference? With one you make $$ if it rises, with the other.. you make $$ if it drops.
I always tried to max out on openers when I first started playing... back then, I wish we could've shorted movies - instead, we just had to sit out and sell off an opener when the movie opened if we didn't think it would adjust up.
Remember, you can lose just as much $$ BUYING stocks that drop in price... as you can SHORTING stocks that go up in price.
True... starbonds are another issue... their adjust prices are easy to see with the TAGS... but given the fact that you can short OR long a stock, IPO, etc., I think shorting is a good way to make $$ with a small port or a larger port...
I'm not being critical of your answer... just giving another perspective on it.
Here is a question for you big timers and folks who been around the block Nov 17, 15:12
For a small port, it's generally not a good idea to short a security unless you are fairly certain it is going to drop Nov 17, 19:53
Respectfully, I disagree... I think small ports can make as much on shorting... as they can buying... Nov 18, 10:37
Amend the Inner Message...you would be out H$4 million total- the 1 mill you invested, plus 3 million on top of that. {nm} Nov 18, 11:21
That's true, and I should have mentioned that...thanks for the additional info as well. {nm} Nov 21, 08:21
I should clarify - not a good idea for a small port to short options Nov 20, 16:56
Yikes much higher risk on shorts!! Do you take profit on shorts when the movie flops or??? {nm} Nov 17, 15:41
... or when the price has gone down from the purchase price and you 'cover' your short (which is like 'selling' it) Nov 17, 16:19
Short and Cover go together like Buy and Sell Nov 18, 06:57
To see how far negative you can go - check out negative port for "Bottom_of_the_Barrel" {nm} Nov 23, 10:19
