HSX Forum

Playing & Trading Strategy

You guys misunderstand...

Posted by: skunkrunner on Feb 10, 17:43 in response to skunkrunner's post Sell-off Strategies?

I don't plan on buying any AVNG3, I was asking what my strategy should be to make some money off the mass sell off by others. By my logic these are my options this weekend:

1. Do nothing and let my port absorb market sell off (5-10%?)

2. Participate in the sell off and then buy around 50k shares of AVNG3

3. Liquidate most of my port to cash, then rebuy once market has hit bottom

4. Liquidate as much as possible and buy short a variety of stocks likely to plummet on Sat.

or am I overthinking this?

Sell-off Strategies? {nm} skunkrunner Feb 10, 13:47

Sorry, here is my question: skunkrunner Feb 10, 13:53

I'd recommend avoiding it altogether based on your port size, but that's just me. {nm} CommonAnomaly Feb 10, 14:17

You haven't made a dime until you have made 2% (for commission). Your port will buy approx 60000 shares. Rocket123 aka PVL Admin Feb 10, 16:24

Sorry, my math was based on 100K shares, not the 60K you can afford. Recalculate, but you get the point, I'm sure. {nm} Rocket123 aka PVL Admin Feb 10, 16:25

Agree Totally with CommonAnomaly. HORRIBLE HORRIBLE Investment for a Small Port. Here's Why. <INSIDE>. RotoHockeyYTD2014 Feb 10, 17:06

You don't have to hold AVNG3 for a long time to make H$. Take a look at the 2-week increase of recent IPOs like TOYS4 and STAR8. Antibody Feb 10, 17:17

Neither of them were Close to 350.00 IPO. Emphasize Point about Best Percentage Gains in Shortest Times. RotoHockeyYTD2014 Feb 10, 17:23

Not everyone is here every hour to daytrade every price movement, which also carries risk of catching the wrong swing. {nm} Antibody Feb 10, 17:28

skunkrunner indicated 'Active Day Trader' - simply Offered an Opinion. {nm} RotoHockeyYTD2014 Feb 10, 17:31

TOYS4 and STAR8 are the closest IPOs to AVNG3. {nm} Antibody Feb 10, 17:30

Simply Offered an Opinion. Thanks for Offering Yours. {nm} RotoHockeyYTD2014 Feb 10, 17:33

Weathering is an option as the market WILL adjust - a couple grim looking days with eventual recovery {nm} Chateau_du_Mal_Voisin Feb 11, 00:21

You guys misunderstand... skunkrunner Feb 10, 17:43

It partly depends what types of stocks you own (more inside) RogerMore Feb 10, 19:10

Lots of good ideas here. I'll add; You said you've been day trading. With a port your size I figure that means following the top movers... Willroast Feb 10, 20:28

Thx for the good advice, def some thinking to do... {nm} skunkrunner Feb 10, 21:02

You have already answered your own question... RazorHawk Feb 11, 08:10

Bingo. Best answer yet. I think this plan is the best one for basically all small to mid-sized ports. Well said. {nm} Willroast Feb 11, 10:36

I'll see what I can do, gonna be a fun weekend either way. Good luck to all! {nm} skunkrunner Feb 11, 14:27

I have a feeling that no one is ready for or really knows what is going to happen with an IPO this high priced. DTravel Feb 10, 19:17

Pssst DiNar0 Feb 10, 19:49





Post a Reply

To post to the forums you must first login!


Frozen III (FROZ3) 11555 355.03 (+0.05)          Girls Trip 2 (GRLT2) 59297 16.92 (-0.04)          Wet (WET) 128000 5.81 (-0.04)          Miami Vice '85 (MIVIC) 21675 120.39 (-1.01)          Naruto (NARUT) 39250 36.65 (-0.92)          CBS: NCIS: New York (NCISNY) 10000 14.72 (+0.02)          Resident Evil $140M Blockbuster (RESE8.BW) 1000 13.20 (0.00)          The Horror Fund X (SPOOK) 1000 61.94 (-0.02)          Jessica Chastain (JCHAS) 4249 14.11 (-0.12)          Zachary Levi (ZLEVI) 25000 8.18 (+0.05)          Anne Hathaway (AHATH) 504 118.93 (0.00)          Will Poulter (WPOUL) 25000 9.92 (+0.07)          Tommy Lee Jones (TLJON) 25000 12.05 (+0.10)          Twilight of the Dead (TWOTD) 150000 3.03 (-0.43)          Miami Vice '85 (MIVIC) 150000 120.39 (-1.01)          Gatto (GATTO) 150000 147.53 (0.00)          Noah Centineo (NCENT) 25000 42.76 (+0.33)          Noah Centineo (NCENT) 25000 42.76 (+0.33)          Compassionate Release aka The Fr (CMPSN) 149000 35.70 (+0.21)          Kurt Russell (KRUSS) 25000 120.39 (+0.66)          Jeremy Allen White (JEAWH) 25000 48.89 (-0.16)          Jay Duplass (JDUPL) 25000 11.78 (+0.20)          Proxy (PROXY) 50000 0.01 (0.00)          Jessica Chastain (JCHAS) 25000 14.11 (-0.12)          Francis and the Godfather (FGODF) 1 0.01 (0.00)          Billy Magnussen (BMAGN) 25000 53.33 (+0.16)          Turpentine (TURPN) 10000 7.33 (-0.10)          The Masque Of The Red Death (MOTRD) 10000 14.52 (-0.02)          Tangles (TNGLS) 12500 2.61 (0.00)          Nasty (NASTY) 27500 17.84 (+0.28)          The Horror Fund X (SPOOK) 1000 61.94 (-0.02)          Days of Thunder 2 (DTHU2) 1000 127.39 (+0.11)          Billy Magnussen (BMAGN) 1000 53.33 (+0.16)          Focker In-Law (MPRN4) 25000 117.23 (-0.28)          Focker In-Law (MPRN4) 55000 117.23 (-0.28)          Hexed (HEXED) 20000 103.71 (-0.26)          Hexed (HEXED) 50000 103.71 (-0.26)          Tyrant (TYRNT) 100 20.89 (+1.08)          Ebenezer (EBNZR) 150000 91.62 (-0.12)          Ebenezer (EBNZR) 150000 91.62 (-0.12)          Naruto (NARUT) 100 36.65 (-0.92)          How To Rob A Bank (HTRAB) 25000 40.67 (-0.20)          How To Rob A Bank (HTRAB) 25000 40.67 (-0.20)          The Cat in the Hat (TCATH) 25000 95.06 (-0.05)          The Cat in the Hat (TCATH) 50000 95.06 (-0.05)          Ebenezer (EBNZR) 25000 91.62 (-0.12)          Ebenezer (EBNZR) 50000 91.62 (-0.12)          Wild Horse Nine (WILDH) 27 13.36 (0.00)          Godzilla Minus Zero (GODM2) 15000 77.96 (-0.02)          Ghost Soldier (ARCNG) 35000 23.98 (-0.01)