HSX Forum

Playing & Trading Strategy

Star Wars...

Posted by: aleksthegreat on Mar 12, 17:09 in response to MitchC's post Star Wars Rogue One.

Nothing wrong with wanting more $$$! 

Avator did $760.Mill domestically...Now, I don't think this individual film does that much but then again Avengers is slated to do over $500mill this summer (also once to wait and see how it does)..You also have time ON YOUR SIDE remember that - what I mean by that is STAR WARS is star wars no matter what - people will forever be upset at George Lucas...but that's not your focus, our focus is to ride the gravy train on a name that will always be relevant and the loyal or "disloyal/disheartened" will go and see it out of curiosity and nostalgia... 

 

Anways... I think I'd do a few things in the following order:

: 1st... You have the luxury to wait and see how this Decembers 1st release is going do... I'm assuming $250-$325 it grosses but I'd wait and do nothing and see how the 1st installment does (I don't think it tanks basically)...

: 2nd... If you have free cash on hand outside this position, to get involved with other positions - just sit and wait...

Honestly if I have other money liquid to use for other position and am confident that this franchise will be successful - I'm going to just hold out BUT if this stock prices gets to $425-$460 by the end of the year lets say before the premier of the 1st installment if it reaches to those prices, I personally woulnd't be greedy and just sell at those prices ($425-$500 is where I would just cash out or at least cash half out if I wanted to ride it out for excitement's sake)...

Look at this this way, you got in at the bottom! Congrats! No matter what you do you've clearly won, this thing won't see those IPO prices every again...period... I wouldn't be surprised to see $500 on this one but I'd start considering pulling the trigger after $400.... Honestly I would just sit on it at for this year - if you need money and don't have any other position you want to get out of use this stock as a bank and take a little out - I mean 1000 shares is worth north of $200k so your good to take out a little if you need and just don't sell more than 50,000 before it hits $325 a share...Hope this helps.... I WOULD HOLD OUT THOUGH! See how the December release does and go from there...I DONT SEE THE STOCK GOING UNDER $195 a share and I see it hitting around $425-$525 area domestically... either which way YOUR IN A GOOD POSITION! GOOD LUCK Money mouth

Star Wars Rogue One. MitchC Mar 12, 16:11

Star Wars... aleksthegreat Mar 12, 17:09

Thanks MitchC Mar 12, 17:48





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