Playing & Trading Strategy

Why can the market settle on a direction for Hobbit? JustaGuy Dec 18, 07:29

there are thousands of traders. you cant expect every single one to hold it the exact same way. islander Dec 18, 07:34

Yes, we can expect them to. :P {nm} DTravel Dec 18, 10:37

After a stock adjusts, market forces drive the prices...people buying selling / shorting covering... Flash Dec 18, 08:02

Well, I'd say there's a third time when the price matters - when you buy/short it. :) {nm} DTravel Dec 18, 10:38

If you buy a stock the day before it opens, and I bought it 6 months ago... Flash Dec 19, 07:58

OK, I'll grow a pair...thanks! {nm} JustaGuy Dec 18, 08:31

They don't just spontaneously pop up. You have to be born with them. {nm} elchan Dec 19, 13:32

It's an unusual stock JohnTEQP Dec 18, 08:55

is your hobbit stock taking an unexpected journey? {nm} RazorHawk Dec 18, 12:00

Leading to the Desolation of his Stock. {nm} DTravel Dec 18, 12:56

the stock price was there, but now its back again? {nm} RazorHawk Dec 18, 18:57

He couldn't handle the Sting. {nm} DTravel 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} PVL Admin Dec 18, 21:10

I think at this point it will stay down. The Monday numbers just don't show it to be on a trajectory to anywhere close to $250M in 4 weeks. elchan Dec 18, 22:42

Well I guess if you add the extra $56M that HOBIT made on it's opening weekend, it just might squeeze by with a little room to spare. elchan Dec 18, 22:50

and not all kids/families off for Xmas vacation yet, either. Lots of weekday viewing opportunities coming in the next couple weeks {nm} BSmurf Dec 19, 07:24

Sure the same scenario played for the first movie too, and it's heading the same way. We'll see if the Tues numbers track the same. {nm} elchan Dec 19, 08:19