Playing & Trading Strategy

When movies are halted on Saturday, does it matter if I'm holding the stock(s) long or short to receive any potential profits Sunday? pennystocks2 Feb 07, 15:25

Can you rephrase the question? I'm not sure what you are asking. {nm} DTravel Feb 07, 15:37

If I'm holding "movie" short at $50 and the adjust is $55 on Sunday, do I loose money because I'm holding the stock in the wrong direction? pennystocks2 Feb 07, 15:55

yes in that instance, you lose money {nm} islander Feb 07, 16:08

Thanks for the info. {nm} pennystocks2 Feb 07, 16:11

Nope, you don't lose H$ per say......you have a negative floating. When you absorb the lost (ie: cover your short), then you would actually DiNar0 Feb 08, 01:02

That might be the way in works in the real world, but in HSX land if short something and the price goes up, your Net Worth goes down {nm} JDophin Feb 08, 01:40

Big difference in losing money and losing Port Value.......you are more on losing Port Value but he asked about losing money. :) {nm} DiNar0 Feb 08, 01:42

right, i should have stated it better. players should take time to read all relevant info on this board, the glossary, etc {nm} islander Feb 08, 07:36

Yes, and after doing all that, players that still don't understand, come here, expecting an intelligent, correct answer. {nm} pennystocks2 Feb 08, 07:55

Yes. I feel bad now. I won't mess up again. {nm} islander Feb 08, 08:06

No, my post wasn't intended for you. You gave me the info I needed. Just saying that I did try to find the answer before asking here. Thanks pennystocks2 Feb 08, 09:03

It seems that I am the one who didn't understand the question, sorry, {nm} DiNar0 Feb 08, 11:01

Your answer was helpful too. Thanks! Gives me more to consider. {nm} pennystocks2 Feb 09, 11:02