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? {nm} 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 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