HSX Forum

Playing & Trading Strategy

Short answer....with only 4M to work with, stay away. But...if you had more capital, let's use a concrete example.

Posted by: mrbinns on Oct 01, 10:08 in response to websch01ar's post Limited Release Formula? What is it?

BBBTB opened a week ago Friday and did less than 4K in one theater in its first week.  Frankly, I doubt that it was even in that theater this week. 

A movie like this will be shown a week or 2 and then go to DVD.  It will probably delist at .01 and currently is priced about 1.20.  Huge short profit if you could afford to tie up 120K for 10 weeks.  That is a large percentage of your capital.  Granted you would get back your investment (less commission) plus another 1.20 for a profit of 240K. Virtual sure thing. 

But with a new portfolio, you want in and out action.  Like the crap table, bet on only one roll of the dice, rather than waiting for the number to be made, or not made. 

Weekend CA and PU, small investment, quick returns, go back and do it again.  Weekend openers, especially since by Friday you have an idea which way the wind is blowing.  Even StarBonds, which can be safe, should be avoided at this stage.

Let the portfolio build up a bit before you commit to strategies that take 2-3 months to come to fruition.

 





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