HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Something I Realized.
I dont know if this would be prudent, or incredibly stupid.
I've posted how I'm losing millions a day. (Down another 3 or 4 mil today and its only 1030 am Pacfific Time)
Mot of my port is long, with a few short for lower priced stocks, or stocks that really drop over a period of time, or movies that open poorly.
Is it unwise/stupid to buy shorts of the same stocks I now have long that keep dropping, to make some money while the theaters are closed, ports are dropping, and then sell such when the theaters open again whenever that is?
This is just an idea, and I waanted feedback.
Thanks.
Something I Realized. Mar 19, 10:44
I didn't sell at first.... With movies going directly to VOD, and theaters closing, who knows when this will reverse. {nm} Mar 19, 11:34
I think what you appear to, and many others don't understand, is that this is a massive re-pricing of this market. Mar 19, 13:59
I agree with the shorting Mar 19, 17:05
Multiple people have been advising you to flip your holdings in movies that are dropping from long to short. {nm} Mar 19, 12:02
Yes, it's unwise/stupid to hold Long and Short of the same stock. {nm} Mar 19, 12:03
Its basically a waste of cash, with a net zero position. Mar 19, 13:52
I've lost over 40 mil this week I'm going to check things and begin shorting many things. {nm} Mar 19, 16:39
My port is about 1/3 yours and I'm up about 40 mil this week. Mar 19, 18:14
Okay Many Things I Had Long /Now Flipped To Short. Now We Will See What Happens. {nm} Mar 19, 17:00
I've shorted many things, finally after days of a nosedive, I made some money today. We'll see what happens. {nm} Mar 20, 19:22
