HSX Forum

Playing & Trading Strategy

That strategy has not worked for a while...

Posted by: Oleg Max (a.k.a Oleg_Max) on Sep 03, 10:16 in response to unaturalx's post Down ...H$420,042.94 , but I play for the long term...

IPO's are overpriced.  Yes, DMac, I said it...  :)

In the past, when IPO's rarely were priced above H$10, buy and hold strategy worked just fine.  In worst case scenario you only lost a bit of money.  Not the case today...  Some of them (especially indie films are IPO'ed at prices they will never make at the box office).

Today's IPO's can be compared to real life IPO's backed by private equity firms.  Most of them end up trading down within a week or two or a few months down the road.

The only IPO's worth buying and holding are the ones that are reasonably priced, have a release date, and a major studio behind it.  Those are rare, but they happen.

Skip the rest. 

Good luck trading...





Post a Reply

To post to the forums you must first login!


Night Nurse (NTNRS) 389 0.98 (0.00)          Ronan Boyle and the Bridge of Ri (RBOYL) 10000 10.27 (-0.06)          Ronan Boyle and the Bridge of Ri (RBOYL) 10000 10.27 (-0.06)          Reptilia (REPTI) 10000 5.61 (0.00)          The Invite (TINVT) 501 20.07 (+0.02)          Reptilia (REPTI) 10000 5.61 (0.00)          The Invite (TINVT) 1001 20.07 (+0.02)          Outer Dark (OTDRK) 150000 6.64 (-0.03)          Moana (MOAN1) 96 227.07 (+1.56)          Moana (MOAN1) 104 227.07 (+1.56)          Minions & Monsters (MNIO3) 50000 290.65 (-6.03)          Gail Daughtry and the Celebrity (GDCSP) 979 8.93 (+0.13)          Gail Daughtry and the Celebrity (GDCSP) 21 8.93 (+0.13)          The Death of Robin Hood (TDORH) 150000 5.96 (+0.16)          Evil Dead Burn (EVLD6) 2061 61.63 (-0.20)          Evil Dead Burn (EVLD6) 6061 61.63 (-0.20)          Young Washington (YWASH) 149999 37.19 (-1.48)          Young Washington (YWASH) 150000 37.19 (-1.48)          Outer Dark (OTDRK) 150000 6.64 (-0.03)          Alpha (ALPH1) 623 1.25 (0.00)          Monster High (MONHI) 10000 19.80 (-0.06)          Alpha (ALPH1) 1123 1.25 (0.00)          Young Washington (YWASH) 1103 37.19 (-1.48)          Hot Spot (HTSPT) 50000 7.25 (+0.17)          Minions & Monsters (MNIO3) 150000 290.65 (-6.03)          Young Washington (YWASH) 1003 37.19 (-1.48)          Monster High (MONHI) 150000 19.80 (-0.06)          Live Like That (LVLKT) 150000 14.69 (-0.02)          The Last Druid (TLDRU) 50000 7.87 (+0.22)          The Comebacker (CMBAC) 25000 27.71 (+0.94)          Minions & Monsters (MNIO3) 77 290.65 (-6.03)          Minions & Monsters (MNIO3) 123 290.65 (-6.03)          The Teller (TELER) 30752 7.52 (-0.48)          Young Washington (YWASH) 479 37.19 (-1.48)          The Adventures of Cliff Booth (TAOCB) 8 14.80 (+0.16)          Live Like That (LVLKT) 150000 14.69 (-0.02)          Diane Kruger (DKRUG) 25000 6.05 (+0.05)          The Man Who Saved Paris (TMWSP) 506 0.01 (0.00)          Anything But Ghosts (ANYBG) 10000 24.90 (0.00)          The Man Who Saved Paris (TMWSP) 7498 0.01 (0.00)          Jumanji: Open World (JUMN3) 7106 164.62 (+0.15)          Paddington 4 (PADT4) 150000 37.02 (+2.53)          Sniff (SNIFF) 1099 0.04 (0.00)          Gail Daughtry and the Celebrity (GDCSP) 33333 8.93 (+0.13)          Young Washington - Opening Weeke (YWASH.OW) 50000 14.72 (-0.13)          Paddington 4 (PADT4) 150000 37.02 (+2.53)          Werwulf (WERWU) 10000 76.52 (-0.41)          Not Bloody Likely (NBLKL) 2497 0.02 (0.00)          Mother Nature (MONAT) 1107 0.08 (0.00)          Minions & Monsters (MNIO3) 150000 290.65 (-6.03)