HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Not really. Unfortunately, the post-adjust play is a crapshoot.
With yesterday's adjusters, both started off at reset on a downward trend. However, the HSX brakes were applied pretty strongly. So strongly, in fact, that the cartoon had over 10 million shares traded (most in a negative fashion) by 7 AM and was still only down a buck and a half. Then, at some point, the brakes were released, and people started trading it in a positive fashion and it shot up.
If the brakes hadn't been "on" for so long, my guess is that it would have been in the pits alongside the other movie.
Question about post-adjust strategy Mar 05, 11:09
Not really. Unfortunately, the post-adjust play is a crapshoot. Mar 05, 11:23
That's too bad. I was hoping to get into the post adjust groove and make some money on upcoming openers after adjust. {nm} Mar 05, 12:34
I had my pants in the location you suggested. I am still diggin out of the red. Good thing there was news today. {nm} Mar 05, 13:22
Your assumption about the timing of the brake release is wrong. {nm} Mar 05, 16:35
Just curious.. Why does HSX use the "brakes"? What's the reasoning for tempering the movement of the market? {nm} Mar 07, 07:41
It also matters whether a movie is front loaded - those generally drop faster than your average movie {nm} Mar 05, 18:51