Technical question here. Or more accurately.. game strayegy question, I guess.
I bought a ton of America Sniper Stock, which of course opens tomorrow.
It has shot up, and made my portfolio rise dramaticlly in the past few days.
I've never owned a movie at its opening.
Isnt how it works that if the movie does well, the stock shootsup, and if not, its worth nothing?
I kjnow the derivative for the weeekend box office stops trading tomorrow morning
I guess my question is.. is it wirse to dump it all now, and take my profit. or.. am I potentially missing out on a huge profit if I dump it, and would I be better off just holding it?
Not sure what to do.
Thanks.