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You also seem to assume that the rise in price is from people going long. Not necessarily (inside)

Posted by: Raven9167 on May 31, 07:28 in response to hyperzeitgeist's post How is it playing the players? If the movie never gets...

In fact, the price rise could be mostly due to people covering their shorts to realize their profits. I haven't been tracking how it's been held since the news, but I would suspect the only people going long are the ones looking at its movement and seeing it going up and thus realizing a few points worth of profit before selling again - they aren't holding it long term.

** This post has been removed by the forum moderator! ** hyperzeitgeist May 31, 02:51

Traders probably decided to take profits and/or reset trading. - and your post should not have been tagged for just a price questiion {nm} JDolphin May 31, 03:10

Apologies, I'm still new to this. {nm} hyperzeitgeist May 31, 03:20

It's a legitimate question, just an incorrect forum. Prices move in crazy ways all the time. {nm} FalseLight May 31, 05:58

I can't reset trade, so I always wake up to things like this. It starts to make you zen about the whole process. {nm} Biff68 May 31, 07:12

people here like to 'play the players'. With something like this situation it's silly. {nm} tradermark May 31, 03:33

TRON3 was never "greenlit" officially in the first place... so it was easy to pull the plug... Chateau_du_Mal_Voisin May 31, 05:21

Yeah, it's ridiculous and a dangerous way to play - one has to babysit the stock when playing players. {nm} RollingThunder May 31, 06:54

How is it playing the players? If the movie never gets made the stock won't the stock revert to zero eventually? hyperzeitgeist May 31, 07:22

Eventually perhaps, but that could be a very, very long time. It's playing the players because most players aren't willing to wait that long Raven9167 May 31, 07:26

You also seem to assume that the rise in price is from people going long. Not necessarily (inside) Raven9167 May 31, 07:28

Number of shares held long +4M, number held short -5M (approx) {nm} ~JPV~ May 31, 07:33

adjusts & cashouts are what keep the price 'honest'. If the adjust isn't happening for years.. andy007 May 31, 08:39

the explanation you are looking for... RazorHawk May 31, 07:38

i agree...the real telling sign will be when all of the Celebstocks are detached and it turns to Concept. {nm} Buy StarBonds Fund May 31, 08:02

That's such a helpful response! {nm} PiercingWhisper May 31, 08:22

Yes, thankyou :) {nm} hyperzeitgeist May 31, 08:57

Spot on analysis. Making a bundle on it too :-) {nm} JMT-NL May 31, 09:23

And the beauty of it...; it will never happen ( That film being made i mean ) {nm} SequelsFund May 31, 09:26





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