HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Evaluate my playing strategy with freak friday 2
Step 1: Forget to buy it the day it listed at ipo price of 50
Step 2: Remember on sunday and buy at 54
Step 3: Look at it monday and see it's gone down to 48, think to self "yeah I don't see why this movie does amazing numbers and since it's still in development it's probably done going up and should bleed off pretty steadily from here", sell and short
Step 4: Look at it again on Tuesday and see it's up to 54 and just say nah, I'm out, sell.
Total for 3 days: -2.1 million
And now it's still at 54 today so really you guys all just took it down to 48 to spite me I'm sure. Thanks obama
Evaluate my playing strategy with freak friday 2 Apr 26, 13:34
Ah, the "buy high, sell low" strategy. {nm} Apr 27, 09:24
Pretty normal wave of up and down after an IPO. {nm} Apr 29, 06:37
Sounds about right for a noob...but, you're not s noob. {nm} Apr 29, 22:46
Even with a mistake like this I was #63 that week. Go figure. {nm} May 01, 20:55
I thought the trick was to be on the site 25/8/366. :P {nm} May 04, 15:19
😂 That works too, for some... {nm} May 04, 18:24