HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
First I'm sure you mean 3B. I learned a long time ago that the general direction of most IPO;s is south, until such
useful things as scripts, directors, cast, and most importantly FINANCING are in place. LEGND, BBUTN were penny stocks.
The relaity is that most of the IPO;s will never see the flicker of a projector in a movie theater. Shorting is a very vialble way to play the game.
THere was a long time player who managed a fund, and I will not embarass by naming but I am sure many will know, and the stragegy was to long, stay long, no matter what. Not a great stragegy, even when the movie was in release.
Also, earlier today I posted the amount of H# it would take to buy, or short, all stocks. My non-cash holdings are worth about 2B more than that amount because of the short positions that I have not been able to reshort and turn into cash.
You can do wiith our port as you wish. But projecting the direction of the value of a project is important. If MOVIE IPO;s at 20 but sinks to 5, it behooves you to be on the short side. There is plenty of time to reverse it when the news warrants.
Market manipulation or praying for the destruction of the HSX virtual economy? Jan 08, 15:32
First I'm sure you mean 3B. I learned a long time ago that the general direction of most IPO;s is south, until such Jan 08, 16:22
^ What he said! {nm} Jan 08, 16:57
I looked...it is 30M, not 30B. Not much activity in 10 years. Probably a lot of buy and hold stocks. {nm} Jan 08, 17:59
Drats! I'll get more in depth, but yes I meant H$30M - (Maybe I was just being an optimist) ;) {nm} Jan 08, 18:27
HSX prices IPO's as well as they can, but Jan 09, 20:34
To your question: Both. If a stock is moving down, some traders will short it whether that makes sense or not. {nm} Jan 08, 17:21
theres a lot that that. Jan 08, 20:02
Since the highest IPO price has been H$150 while MovieStocks have delisted over H$400, not every IPO is inflated. {nm} Jan 09, 10:36
Holy smokes... not trying to be rude but only $30M in 10+ years?!?! How in the world did that happen? {nm} Jan 09, 14:29
Lots of people (including myself) where once inactive players who became active. E.g.: Jan 09, 14:46
I see. {nm} Jan 09, 14:59
Thanks for the reminder. {nm} Jan 10, 12:50
