Now Trading
- Latest IPO »
  The Catch Emma Stone and Chris Pine topline the romantic comedy The Catch. Dave McCary directs from an original screenplay by...
- Box Office »
News & Events
- Opening »
  Mortal Kombat II The Mortal Kombat sequel will center on the tournament where combatants from different realms fight to the death....
Community
- Trader Watchlist »
  The trader watchlist let's you keep an eye on the Net Worth of your friends and fellow traders. Build yours now!
Earn H$
- Tell a Friend »
  Get your friends into HSX and earn H$25,000 each!

advanced

HSX Forum

Playing & Trading Strategy

Reply Topic List All Forums

Here's my take

Posted by: Lib84 on Nov 20, 10:37 in response to lapuckfan's post I don't think re-investing pays off...

It is worth it, but it has definitely taken a hit in credibility.

If you reshort, the accessible cash you acquire up can go to other stocks and you can make profit off that freed up cash.

The reason the credibility is hit was because reshorting was a no brain procedure during 'no commission' weekends. But with that being scrapped, the effectiveness is definitely diminished.

Is it ever advantageous to re-invest in something? Let me explain CP7x77 Nov 20, 08:59

If I read this correctly... eyescovered Nov 20, 09:19

This is my take too. Covering and re-shorting shorts is fine, if you want to free up cash and don't mind paying commission. RogerMore Nov 20, 10:17

This is quite inaccurate. First of, selling from a long while it's sinking, typically helps on your daily profit, Secondly, the cash you Facto Nov 20, 10:37

But that's not what he's asking. He is asking whether selling a stock, banking the profits and rebuying the stock immediately is a good idea {nm} RogerMore Nov 20, 13:54

I don't think re-investing pays off... lapuckfan Nov 20, 09:54

The advantage would be to shelter in case the price goes up. {nm} CP7x77 Nov 20, 10:37

Here's my take Lib84 Nov 20, 10:37

I would agree, but if you make more than enough to cover the commission and still pull profit, it's still good for shorts, but... CP7x77 Nov 20, 14:23

Sure, look at a movie like Bruno it was easy to take the profits from the short and then reshort from all the bad numbers. damenchipguy Nov 20, 14:28

Seriously, 2012 will never go anywhere near that low... You still have some work to do before you are fully seasoned, it seems :-)) {nm} Facto Nov 20, 22:14

Got that right I am dumping at 140, holding way better than I thought. It looks like lack of DC instead of quality of movie {nm} damenchipguy Nov 21, 14:41

Post a Reply

Help

About HSX

What is HSX all about?

Hollywood Stock Exchange is The Entertainment Market^TM where you can buy and trade movies, stars and more using Hollywood Dollars®. Sign up and we'll get you started with H$2,000,000.
Sign up now »

The Catch (TCATC) 10000 54.21 (+0.22) Michael (MJACK) 150000 244.47 (+0.50) Lee Cronin's The Mummy (TMUMY) 150000 29.64 (-0.10) The Catch (TCATC) 60000 54.21 (+0.22) Verity (VERTY) 25000 47.92 (+0.03) Ibelin (IBELN) 150000 6.43 (-0.41) Them (THEM) 50000 40.48 (+0.48) Them (THEM) 40000 40.48 (+0.48) The Devil Wears Prada 2 (PRAD2) 2500 205.14 (-0.96) The Devil Wears Prada 2 (PRAD2) 140000 205.14 (-0.96) Jane (JANE1) 1222 13.00 (0.00) Heat 2 (HEAT2) 150000 58.75 (-0.54) Heat 2 (HEAT2) 150000 58.75 (-0.54) Primetime (PRMTM) 150000 13.20 (-0.14) Primetime (PRMTM) 150000 13.20 (-0.14) Supergirl (SUPGR) 60 160.32 (-0.11) John Wick: Chapter 5 (WICK5) 150000 72.22 (-0.25) Cold War 1994 (CWAR3) 150000 0.60 (+0.02) Heart Eyes 2 (HRTE2) 150000 19.48 (0.00) Heart Eyes 2 (HRTE2) 150000 19.48 (0.00) Supergirl (SUPGR) 120 160.32 (-0.11) Them (THEM) 150000 40.48 (+0.48) Hadestown: The Musical (HDSTW) 1 7.03 (0.00) Hadestown: The Musical (HDSTW) 150000 7.03 (0.00) Giant (GIANT) 150000 1.09 (-0.04) It Ends (ITNDS) 150000 5.01 (0.00) It Ends (ITNDS) 150000 5.01 (0.00) Giant (GIANT) 150000 1.09 (-0.04) The Horror Fund X (SPOOK) 300 25.78 (+0.03) The Devil Wears Prada 2 (PRAD2) 50000 205.14 (-0.96) The Devil Wears Prada 2 (PRAD2) 50000 205.14 (-0.96) Fleur (FLEUR) 150000 7.21 (+0.32) The Devil Wears Prada 2 (PRAD2) 50000 205.14 (-0.96) Hadestown: The Musical (HDSTW) 31000 7.03 (0.00) Them (THEM) 150000 40.48 (+0.48) Silent Friend (SLNTF) 150000 0.16 (0.00) The Sheep Detectives (3BAGF) 1 48.85 (+0.03) Cold War 1994 (CWAR3) 150000 0.60 (+0.02) Affection (AFECT) 150000 0.24 (0.00) Logan's Run (LOGAN) 149999 3.25 (+0.08) 4 Kids Walk Into a Bank (4KWIB) 89000 6.76 (-0.02) Logan's Run (LOGAN) 150000 3.25 (+0.08) The Catch (TCATC) 100000 54.21 (+0.22) Union County (UNINC) 100000 1.31 (+0.02) Moral Capacity (MORLC) 149999 5.23 (+0.25) The Souffleur (SOUFL) 150000 0.44 (+0.02) Moral Capacity (MORLC) 150000 5.23 (+0.25) Ibelin (IBELN) 150000 6.43 (-0.41) Angel and the Badman (ANBAD) 150000 12.93 (+0.83) A Colt Is My Passport (ACIMP) 150000 7.74 (-0.03)