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answer inside

Posted by: Oleg Max (a.k.a del_CIH_lviv) on May 31, 10:33 in response to LariatSam's post Trying to figure what stock to buy...why is the MUPPET...

first, we are not suppose to comment on stock movements, plus being up 27 cents is hardly movement at all.  today's volume for that stock was something like 230k shares, so probably 3 players affected the price.

second, it is hard to say just right off the bat that one movie might have legs or not, unless you compare them to similar movies.  even then, a trader can be wrong.  for a small port like yours, I would not bother with a movie priced over H$100 even if you think it will move up or down by lets say 10pts.

focus on lower priced stocks and watch this board for breaking news...

good luck and welcome to HSX!





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