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Playing & Trading Strategy

But even using your numbers that's 11 cent profit (minus commission) for a movie not delisting for 10 weeks - not worth it for most traders {nm}

Posted by: JDolphin on Jun 05, 12:49 in response to PhoneHome's post Why would Good Kill which has already grossed $281k trade...

Why would Good Kill which has already grossed $281k trade at $0.17? {nm} PhoneHome Jun 05, 07:13

Hmmm. Perhaps that question sparked a rally. {nm} PhoneHome Jun 05, 08:23

which is why talking about a specific price is frowned upon {nm} lapuckfan Jun 05, 09:30

Though posting that a stock is arb (like in this case) is OK, because it's based on data. {nm} RogerMore Jun 05, 09:39

I'm new. Wondering if there was something about limited releases that I didn't know about holding it back. {nm} PhoneHome Jun 05, 10:47

Sometimes limited releases don't get attention, because the gains in playing them are so small. RogerMore Jun 05, 11:51

The official box office reported listed on the page is $135,000. {nm} Antibody Jun 05, 11:01

BoxOfficeMojo.com reports $281,176 Domestic through May 28 {nm} PhoneHome Jun 05, 11:58

see the IM in my message above {nm} RogerMore Jun 05, 12:15

Thanks Roger. It's been difficult finding grosses or anything else on this one, so your case in point. {nm} PhoneHome Jun 05, 12:25

The box office gross on the stock apge. {nm} Antibody Jun 05, 14:39

...ends in 000 so even that have been an estimate....delist at 0.14???? {nm} Buy StarBonds Fund Jun 06, 07:55

Once a movie quits reporting box office always use what's on the movie stock page - especially when BOM still says estimated 2 weeks later {nm} JDolphin Jun 05, 12:47

But even using your numbers that's 11 cent profit (minus commission) for a movie not delisting for 10 weeks - not worth it for most traders JDolphin Jun 05, 12:49





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