HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Is anyone noticing a downward trend in movie stocks the last month?
I buy almost all of my stocks to hold long, and have been doing it for fifteen years - really a casual player. I have about 230 positions (all movies), 16 mil shares and have never seen the consistent drop that has happened over the last month. I have lost 20 mil since mid August with no spikes upward. It just seems the majority of my stocks are going down minor amounts every day.
Is this a trend across all movies because movie grosses are down? Is anyone else noticing this or am I just having an extended bad run?
Is anyone noticing a downward trend in movie stocks the last month? Sep 17, 09:18
I recall we tend to have a "Red September" during the period right after summer movie season ends...I forget why {nm} Sep 17, 09:34
Movies in development for a long time with no news tend to slowly drop in price, hence the term "Slow Bleeders". {nm} Sep 17, 11:49
This happens every September, one of the explanations is many people or play regularly during the summer and sell of Sept {nm} Sep 17, 13:21
Yes, my port is up. {nm} Sep 19, 23:20