HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
lets check the math for your 'good instinct' players...
"right before halt, stock rose"
"Some among us had good instincts"
Around 4:oo pm PST Divergent was priced around $148
The price halted at $149.82 (the 'good instinct' players made $182k profits)
*But* it cost the 'good instinct' players $148k in comission to buy ($182k profit - $148k comission = $34k profit)
*But* if they flipped from short to long then it cost them $296k in comission ($182 profit - $296k comission = $-114k profits)
Now the 'good instinct' players are holding Divergent long and it will cost another $149k to dump or $298k to flip back to short.
'Good Instinct' players either made $34k or lost $114k and now get to choose whether to lose another $149k or lose another $298k
Looks like your 'good instinct' players lost money.
Divergent - 56 mill Mar 23, 07:49
Muppets Most Wanted - 16.5 mill Mar 23, 08:24
Miss piggy, u will be missed {nm} Mar 23, 08:41
Good for my portfolio here, but bad for my BoxOfficeChamps studio. Oh well. {nm} Mar 23, 08:42
what's the name of your studio there? Mar 23, 11:19
Dang, you're way up there. Mine is Chicka Chicka. {nm} Mar 23, 14:16
God's Not Dead - 8.5 mill from 780 locations Mar 23, 08:25
lets check the math for your 'good instinct' players... Mar 23, 09:36
great post ! {nm} Mar 23, 10:39
V nice analysis. I would posit this subjective point Mar 23, 12:04
Right on the money, I shorted it when it was $161, and covered at $147, since it was looking to adjust higher. {nm} Mar 23, 12:35
I shorted it at $170, thought about covering it when it was 147 but didn't... still have it. {nm} Mar 23, 16:48
I pulled out sat morn...when it was right in the middle of Deadline's range {nm} Mar 23, 13:20