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What happens to movies which die in development hell?
Sorry for the newbie question but I couldn't find anything in the FAQs...
What happens to movies which get stuck in development hell and are officially dead? Will the movie (which had an IPO) get delisted? I guess the actual question is, what happens to shares you have on short? Will the value only get reduced to a few cents or do they cash out at 0? Are those shortened shares worthless because the movie is dead or will you actually make money out of the misfortune?
Thanks.
What happens to movies which die in development hell? Mar 11, 03:37
They cash put at 0 after a long time without news (three years or so). they'll be changed to concept stocks before then {nm} Mar 11, 04:21
So, if you have an inkling that a project will go away, it's an opportunity to make money? Mar 11, 04:46
It is, if you have some idea as to 'when' HSX will delist them...which they never announce those dates.... Mar 11, 08:15
Thanks, that helped a lot. :) {nm} Mar 11, 09:42
You're welcome. {nm} Mar 12, 16:28