HSX Forum

Playing & Trading Strategy

Did you short HGAM3 when it was AT $400?

Posted by: Flash on Nov 25, 08:21 in response to CactusLand's post I didn't have Hunger Games long. I knew it was not worth...

You missed out on a lot of profit if you didn't.

Several years ago we had a huge market price adjustment... there was alot of panic selling due to falling prices, etc... THIS is nothing like THAT was.  I lost over $50 in a matter of 2 days... but we also made $$ back when the panic stopped and traders were then buying back and snapping up bargains on stocks that were (THEN) way under priced for what the movie was...

The maket changes all the time... you may want to unload some of your 'dead wood?'

I'm not saying I have all the right answers, but if your port is bleeding daily, then you have to look at what you're holding and unload things...stop the bleeding with the 'losers.'

Every now and then I'll look at stocks I've lost $1M or more on over time, and dump them... sometimes they seem to go down in price daily by 50 cents, 10 cents, 25 cents, etc...so rather than keep these bleeders, I unload them... I can always buy them back later when this 'slow bleed' stops...

I'd take a hard look at your stocks as see if you can figure out 'which' ones continue to cost you $$..

I'm calling it: this is a full-scale HSX financial crisis. This is the bursting of a fake asset bubble. CactusLand Nov 24, 22:47

My portfolio net was -3.5 million 2 data ago. It is now -16 million, and I haven't traded anything. {nm} CactusLand Nov 24, 22:49

That's just one example of the tragic fluctuations in my portfolio for the last 3 months. No solid gains since Guardians of the Galaxy. {nm} CactusLand Nov 24, 22:53

Or maybe it's cause you aren't trading anything. lol If you had HGAM3 long I'm not surprised your down 16 mil in 3 days. Dorfman Nov 25, 07:11

I didn't have Hunger Games long. I knew it was not worth 400 mil. I got a lot if solid positions that will definitely make money over time, CactusLand Nov 25, 07:39

Did you short HGAM3 when it was AT $400? Flash Nov 25, 08:21

Thanks for the advice. Is there a way to track a specific stock just like you can track a fellow trader? Looking through my portfolio CactusLand Nov 25, 08:41

Option: Use a variety of stock quantities that each represent different "strategies." Lucky_Muppet Nov 25, 09:08

+1 Nicely done. I'm kind of opposite. Dorfman Nov 25, 09:12

Nice. I do it with my CelebStock's too... Lucky_Muppet Nov 25, 09:40

Interesting. I hadn't thought of doing that with my CS {nm} Dorfman Nov 26, 06:23

I think that's a brilliant technique. The opportunity cost of leaving out a few shares , ie 999995, is nothing compared to the costs of not CactusLand Nov 25, 12:27

If I have a bleeder that I want to keep track of to possibly by later when the bleeding stops I unload all but 1 share. {nm} Dorfman Nov 25, 09:10

possible drop due to people dumping to invest in TOYS4? {nm} Dorfman Nov 25, 09:09

plus there was more dumping to invest in HGAM3 and HGAM4 {nm} tealfan Nov 25, 09:16

Try Shorting. {nm} Antibody Nov 25, 10:06

+1 {nm} ndmaster Nov 25, 10:38

My port never dipped more than 1%. No magic solution, just port diversity and regular attention/maintenance... Initech Nov 25, 10:53

Right on ndmaster Nov 25, 12:16

Yep. I never dipped at al. I was up 15 and 1% and even 2.7% on Monday. {nm} Dorfman Nov 26, 06:24

If there's one thing that I learned about HSX that helped me more than anything, it is this: ndmaster Nov 25, 12:11

+1 spot on with the bias {nm} Dorfman Nov 26, 06:25

I drop toy story4 last night. Hsx turning pump and dump stock. {nm} mike255 Nov 25, 13:53

I dumped it tues morning.. Glad I did {nm} Dorfman Nov 26, 06:25





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