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Playing & Trading Strategy

I will explain inside

Posted by: SCIFund on Mar 27, 21:36 in response to Chateau_du_Mal_Voisin's post @EarlyRetirement - scifi question

It does fit the SCIFI FUND and I had it Short.  When it took a turn and headed north the other day I covered it and took my profits.  There initial reports and predictions were not good for it's box office.  Now it is surprising us it seems and it sored today.  Remember I am on the East Coast which by the time I woke up, got my stuff done to, got online and saw that it was soaring up in price it was too risky for me to invest in which such a small amount of money that I have to work with.

So I have made money off of SMEKD, but the reset time with me being on the East Coast killed me today and it was not a good risk for me to get back in by the time I was able to see what the movement was with this MovieStock and see the news that it was doing better than exected at the box office.

Just because the movie is animated does not mean I cannot invest in it necessarily.  That is not one of the restrictions.  As I said I was invested in it and did take a nice profit previously when it was short due to the bad reviews and previous predictions.  The best I can now hope for is that is the price has been run up too high and catch it in the sell off after the adjustment on Sunday and pick up a little more money for the SCIFI Fund and my investors.

Hope that kind of explains what has happened.





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