HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
After a stock adjusts, market forces drive the prices...people buying selling / shorting covering...
Many players may think it has legs, but many other players also "play the players" and take advantage of swings up or down with a movie stock.
Remember that the only time the price matters is prior to opening weekend, and when that movie stock delists... If you think a stock will delist much higher - then hold it long. If you think it will delist much lower, you can short it. Everything that happens in between those 2 events is merely market forces... players that are buying and selling, or shorting and covering...causing the price to rise or fall.
If you're confident that it will delist higher (or lower), then don't worry about what happens in between the adjust and the delist... those 2 times are the only times the price should matter to you if you are holding on to a stock after the adjust.
Why can the market settle on a direction for Hobbit? Dec 18, 07:29
there are thousands of traders. you cant expect every single one to hold it the exact same way. Dec 18, 07:34
Yes, we can expect them to. :P {nm} Dec 18, 10:37
After a stock adjusts, market forces drive the prices...people buying selling / shorting covering... Dec 18, 08:02
Well, I'd say there's a third time when the price matters - when you buy/short it. :) {nm} Dec 18, 10:38
If you buy a stock the day before it opens, and I bought it 6 months ago... Dec 19, 07:58
OK, I'll grow a pair...thanks! {nm} Dec 18, 08:31
They don't just spontaneously pop up. You have to be born with them. {nm} Dec 19, 13:32
It's an unusual stock Dec 18, 08:55
is your hobbit stock taking an unexpected journey? {nm} Dec 18, 12:00
Leading to the Desolation of his Stock. {nm} Dec 18, 12:56
the stock price was there, but now its back again? {nm} Dec 18, 18:57
He couldn't handle the Sting. {nm} Dec 19, 11:35
Always have 2 options, play the player and play the adjust. Personally I am playing the adjust on this one... {nm} Dec 18, 21:10
