HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
A couple things: I assume you have tons of cash sitting around, why not max every bond?
Your P/L on each position should tell you all you need to know about your existing bond positions. If you have a loser, review it and see what has gone wrong. Sometimes the market is right and you're wrong. Sometimes you're right and the market is wrong. Recently, leading up to an adjust, the market had it way wrong and we had a nice adjust in WDAFO. If you know you're right, ride it out to nice profits.
Review the MST with news or a big adjust at opening weekend, your attached bonds may need to be adjusted. Look for news of bonds being attached to new projects. Review positions when the SBO adjusts, see if they have another one coming up. Once you get your positions set, this is all it should take.
You should have a couple hundred bond positions AT MOST. The rest are just floating around, waiting for a MST to go into productions.
Day trading bonds is odd, they just don't move that much. They are much more trending, or not. That's it.
Can we talk about Star Bond Management? Jan 27, 09:52
I can't speak for anyone else, but for me, Starbonds are long term investments. I do not day trade them at all. Jan 27, 10:14
PS, I recognize you are higher in the LTD board than I, but my response is not exclusively for you :) {nm} Jan 27, 10:17
Thanks. Good tips - Particularly like your point about movies still in theaters - tricky for back-to-back TAGs {nm} Jan 27, 10:57
I made a spreadsheet. Jan 27, 12:45
I used a spreadsheet when I ran the Oscar Fund. Too much work for me now. {nm} Jan 27, 15:59
A couple things: I assume you have tons of cash sitting around, why not max every bond? Jan 27, 13:46
Not every Starbond is profitable. Many won't adjust by enough to cover the commissions on the trades. {nm} Jan 27, 15:32
Sorry, misunderstood. {nm} Jan 28, 11:12
Also, I mean, Jesus, you are ranked number 15 ALL TIME. Come on... {nm} Jan 27, 13:47
True... but his is an excellent conversation starter. We used to share this Jan 27, 16:03
Yes; i put this on here to hopefully drive some conversation about it. And while I'm way up there rankings wise.... Jan 27, 16:41
Personally, I never jump on that train. Set it and forget it. {nm} Jan 27, 21:26
For me, the trickiest part of managing star bonds are limited release films that they may be attached to Jan 27, 15:00
I "play through" the zero reported box office movie. Jan 27, 16:02
I'm with you; the overall change in a star's TAG can really throw you for a loop if you miss it. Keep you hopping for sure. Jan 27, 18:27
I pretty much wait until a movie opens to take positions in the attached bonds, unless it's something that will obviously.... Jan 28, 18:06
DESM4 News today was nice for some bonds {nm} Jan 28, 21:03
Today is a great example of the complexities of Star Bond Management! Long term is great if you see it. {nm} Jan 28, 22:35