HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
That's not necessarily right, even if most of the time it's the right way to go (only on IPO day)
The first trades after the minimun IPO shares has been sold will determine how the stock moves. Or if the minimum isn't reached, the first trades after reset. On *most* cases what you say will prove right, but once the tide turns the overall long/short ratio is meaningless.
Some people prefer buy and hold strategies, while others day trade. It's the latter that defines how a stock is moving on a certain day.
I think RogerMore already covered this, but as a small port you have lots of better/safer trading options than IPOs. Especially when IPOs are very expensive (and the good ones usually are).
I'm gonna go on a hunch and say that TRON3 will slowly move downwards (in some sort of rollercoaster movement) until news start rolling in. I have a big port and I'm not holding it, even if I do think it will eventually get made (refering to your "I have faith in this movie" statement. Since most of us know nothing about the inner workings of Hollywood, our faith really is worth nothing, and we might get caught in wishful thinking). We must not hold what we WANT (THINK) to (will) do good, but what we KNOW it will do good. There is a big difference in that, and it's not always clear. It's specially tricky to decide how to value something in time...
I like this hollywood stock exchange, but question... Feb 02, 05:03
There is a .01% transaction fee per every trade. However, this does not apply tostocks or bonds which delist. # tips Feb 02, 07:06
Other useful links Feb 02, 07:18
NIce one slappydave hsxsanity is very, very useful. {nm} Feb 02, 07:29
*tips slappydavid H$1M* {nm} Feb 02, 09:17
** This post has been removed by the forum moderator! ** Feb 02, 15:50
Antibody, please scrub this message. Panda accidentally tagged TOWNI here. {nm} Feb 02, 18:28
OK, there are a couple of things to talk about here. Feb 02, 19:56
I've been playing just over 2 years and the TAG that Roger More just referenced blew my mind Feb 02, 22:03
Starbonds are simple - there's plenty of easy money and no real mystery. Everyone should be able to do it. Feb 03, 08:33
Beg to differ about 'very small Ports not investing in MovieStock IPO's'. Feb 03, 11:39
Most recent example - Bought (TRON3) at 70.00 IPO Price - Sold at 80.30. 18 Hour Hold. Feb 03, 14:55
This is a high risk/high reward potential method. Not recommended for newest players... IMHO. {nm} Feb 03, 16:00
You suggest a strategy then recommend against it. So, basically, you just wanted to brag? {nm} Feb 04, 04:08
Read the poster's name closer. {nm} Feb 04, 08:56
Apologies, Rocket! : ) {nm} Feb 04, 09:38
Too funny. {nm} Feb 04, 12:07
BTW, you can slow down on your main port and let me catch up now, OK? Feb 04, 13:21
Commission is actually 1%, minimum 2 cents per share (under c in Glossary) {nm} Feb 02, 08:58
Which also means that once a stock gets below 2$, it is 2¢ per share at all times. {nm} Feb 03, 16:02
This is a great thread....Good questions and good answers...The worst thing is to be the 4th child..the one who Feb 03, 12:56
Easy With Common Sense (: Newb, or not. Feb 03, 17:13
But I proobably don't know it all. (; {nm} Feb 03, 17:23
Sure - you are right that there is good money in IPOs, but it is just a little harder to crack. Feb 04, 09:11
Re: Tron3 Feb 05, 00:47
That's not necessarily right, even if most of the time it's the right way to go (only on IPO day) Feb 05, 06:56
I don't know that anyone has looked at this systematically, but here are my general thoughts on trading IPOs: Feb 05, 09:26
Don't Forget to play a 1-3 Penny Stock. You can strike gold!!! {nm} Feb 05, 11:47
