HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
I always tried to max out on good stocks...especially on movies opening soon...
There was nothing more frustrating to me than to buy 10,000 shares of an opening movie (when we could only buy 50K shares!) and then find out that it adjusted way up - knowing I could have made a lot more money on it. For me, I always max on opening movies - either long or short - but true, my port can afford it.
With a smaller port, one of the fastest ways to BUILD it, is to play openers. Why play them if you don't max on them? It's silly when you could make $1M if it goes up (or down) by 10 points, and you only bought 10,000 shares, making only $100,000.
With a port your size, you can afford to play openers, and still afford to buy some stocks that are further out, but try to max when you play...you max your profits! I always kicked myself knowing I could have made a lot more $$ if I had bought more shares... but remember too - you can also lose if you pick wrong...but low risk = low gain. So be willing to take the hit if you pick wrong, too!
Full 100,000 investment Jan 16, 23:03
Sometimes Jan 16, 23:56
I always tried to max out on good stocks...especially on movies opening soon... Jan 17, 07:22
Sorry, meant to post under EthanHunt's post. {nm} Jan 17, 07:23
If it's a slam dunk like CELAR you should go all in, then sell up and move on to the next big news-related stock... Jan 17, 01:56
All The Time - even when the Port was Tiny (2 MILL to 20 MILL). Jan 17, 06:16
I agree with "go all in". Put as much money as you can in the most profitable investment you can find. When that profit is Jan 17, 10:07
What a novel approach. {nm} Jan 17, 14:26
Oops. This is supposed to be for Ethan. {nm} Jan 17, 21:22
Oh and err radar the rest. {nm} Jan 17, 21:30
