HSX Forum

Playing & Trading Strategy

Why would you "sell" a stock prior to the numbers coming out on Saturday, if it continues to go up prior to opening?

Posted by: Flash on Jul 10, 15:53 in response to MitchC's post Movie Stock Rise During Opening Weekend..

As I had suggested to you before when you asked about this, most movies (NOT all) do go up in price as they get closer to opening weekend.  Since HSX halts the stock AFTER numbers come out on Saturday, it's almost a GUARANTEE that you continue to hold it if the numbers indicate that.  If you log in on Saturday, and find the movie did not do well, THEN you can sell it... but WHY sell prior to that?

If I remember right, didn't you also bail on NMIND before it opened, then you bought back in cause it was going up so much?

Keep your holdings until numbers come out, it can't get any easier than that... sure you may log in and find you've lost some $$ if the price is dropping, but it probably won't be as much as you made while it was going up in price prior to opening...

That's just my 4 cents for you.  Remember:  It's ONLY play money!! 





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