HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Unfortunately, that is why shorting makes a lot of money, until there is a really good reason to go long....
The recent delisting of 25 penny stocks, all of which were valued under .25 at the time, netted my port over 4.18M because they had been shorted long before. Biggest "gainer" was RIFIF which for me was almost 475K. Your results may vary.
There is also a procedure called reshorting. If you cover and short a very profitable short, you lose 2 pct of the current price (or the minimum commission) but free up in cash twice the amount that you are currently ahead. This used to be a Saturday-Sunday procedure when we had commission free. Now it is anytime you like, especially if you need cash to invest elsewhere.
But getting back to the point, a lot of indies will not make their current price. It is just the nature of the beast. Anchor Bay is not "hell" (ok Moviesnob?) but it is a small distributor who may feel that they will not make back the cost of advertising and distribution at the box office, and the WOM may not drive up DVD sales or TV viewership. But they are not alone among the indie distributors.
STV or STC is still a better end for some of these projects as opposed to never seeing the light of day after production is done.
Anchor Bay will finally release [13] on DVD on November 8, 2011 Aug 30, 07:13
proving again that big stars and big budget may not save an indie film from STV hell {nm} Aug 30, 07:14
peter - my STV list says that Bruce Willis, Maria Bello, Milla Jovovich all have upcoming STVs... 50 Cent has two coming Aug 30, 07:24
Thank you! Putting money on indie films becomes huge risky bet for financers and foreign distributors.... {nm} Aug 30, 07:35
Unfortunately, that is why shorting makes a lot of money, until there is a really good reason to go long.... Aug 30, 08:08
i was just joshin...13 is a really great pickup for us {nm} Aug 30, 08:22
Most of 50 Cent's films were planned to be STV. {nm} Aug 30, 09:47
are you calling Anchor Bay hell? :-P {nm} Aug 30, 07:55
More fairly, maybe I should say that STV hell is co-owned by different studios and distributors :p {nm} Aug 30, 08:06
