HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Peter Pan
Why is it that EVERY time there is an IPO for a new movie, the stock always tanks?
Peter Pan is the latest example...the price has dropped $7 in a day or more than 8%,
leaving investors as victims--I'm obviously annoyed that yet again I have fallen for this trap: Hook, line & sinker.
But, who is doing this? Why haven't the folks at HSX figured out which multi-billionaire bids up the price by buying a tremendous amount of the stock then dumps it all, thereby causing a mass sell-off?
Seriously, there needs to be a limit to the amount of shares one could buy (or sell) of a new MovieStock.
Peter Pan Jun 19, 07:46
Kind of the norm. Sat/Sun (depending if it sells out on Sat) increases, then Mon some people exit, taking the profits. Jun 19, 07:53
Welcome to the game. Please don't post stock movements. Perhaps learning the ropes before suggestions would be helpful. {nm} Jun 19, 07:54
I still don't know why HSX has an aversion to discussing stock movements. They do it all day and night with real stocks.... Jun 19, 09:14
I agree. I imaging the concern is influencing or directing brand new players, not experienced traders. {nm} Jun 19, 09:26
Well then they could just post a warning on the sign-up screen perhaps? If it's allowed in the real world where... Jun 19, 09:32
I've said it before, just talk about the box office, not the stock price. {nm} Jun 19, 09:33
That's not true. The valuation of stock is based on box office. {nm} Jun 19, 09:41
In theory yes. In practice, especially on HSX, oftentimes not {nm} Jun 19, 09:44
Why would anyone need to talk about the stock price of something way out in development? {nm} Jun 19, 09:48
Because there is a value proposition at any and all points in a movie's lifespan. Look at yesterday's IPO for example... Jun 19, 10:04
PTRPN doesn't have a release date or production start date. {nm} Jun 19, 10:07
Even such an innocent post can be an attempt to try to reverse the trend. {nm} Jun 19, 10:09
Experienced traders are just likely if not more to follow price movements for the sake of price movement. {nm} Jun 19, 09:32
Because unlike the real world, this it the only centralized place to talk HSX. {nm} Jun 19, 09:35
Right, but that makes it even easier to control. Turn on CNBC anytime and watch Kramer or some other talking head... Jun 19, 09:42
And it's under control. I've seen the way you "whine" about stock pirce. {nm} Jun 19, 10:01
Maybe instead of insulting people when they speak up about things that many on this site don't like, like the... Jun 19, 10:12
There is a limit to the amount of shares one could buy (or sell) of a new MovieStock Jun 19, 08:13
Shush! You're not supposed to bring facts into someone's complaint about not knowing what's going on! Jun 19, 12:42
I've got opposite advice: trade, baby, trade. trade swings, that is how you make most H$ {nm} Jun 19, 08:57
Although some of us don't live on HSX :p, so hard to keep up with wild swings (in regards to these kind of IPOs). Jun 19, 09:05
I agree. The pursuit of real money, that buys real things, is a bit more fun anyway, but to each his own :) {nm} Jun 19, 09:09
So you gained $80... but if you day traded you would have made $187 (minus transaction fees). Which is more fun? {nm} Jun 19, 10:40
buying & forgetting is more fun. Im not about to turn hsx into a job SMH {nm} Jun 19, 11:29
It's all a function of one's free time right? To make $187, you have to time each trade perfectly and watch every tick... Jun 19, 11:36
and thats why i miss the friday 10am Halt with Sunday Adjust. It was really a place to put your H$ where you mouth is Jun 19, 14:16
Just like the real world stock market, right? Jun 19, 08:57
PTRPN is up 30% from IPO. {nm} Jun 19, 09:14
I sit on this type of stock like this like a hen on an egg. It'll mature and grow into a tasty treat one day. {nm} Jun 19, 10:11
Or not... {nm} Jun 19, 10:37