HSX Forum
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?
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pennystocks2
Feb 07, 15:25
Can you rephrase the question? I'm not sure what you are asking.
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DTravel
Feb 07, 15:37
If I'm holding "movie" short at $50 and the adjust is $55 on Sunday, do I loose money because I'm holding the stock in the wrong direction?
pennystocks2
Feb 07, 15:55
yes in that instance, you lose money
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islander
Feb 07, 16:08
Thanks for the info.
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pennystocks2
Feb 07, 16:11
Nope, you don't lose H$ 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
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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. :)
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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
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islander
Feb 08, 07:36
Yes, and after doing all that, players that still don't understand, come here, expecting an intelligent, correct answer.
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pennystocks2
Feb 08, 07:55
Yes. I feel bad now. I won't mess up again.
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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,
DiNar0
Feb 08, 11:01
Your answer was helpful too. Thanks! Gives me more to consider.
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pennystocks2
Feb 09, 11:02