HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Can anyone explain this to me? I started tracking movie stock prices and volume a few weeks ago and generally what I have found is that as
the volume of shares held long increases and/or held short decreases, the stock prices increases. Seems logical, right? When comparing SCRM4 and RIO data from 3/26 to 4/2, I found the volume of RIO shares held long has increased by about 1.4M, shares held short has increased by about 470k, and the stock price has increased by more than H$7. The volume of SCRM4 shares held long increased by about 2.6M and shares held short increased by about 560k. Similar change in shares held short for the two but the increase in SCRM4 shares held long is almost twice that of RIO. You would think SCRM4 stock price would increase as well, but no, the price actually declined by about H$0.84 during the period. What am I missing?
Can anyone explain this to me? I started tracking movie stock prices and volume a few weeks ago and generally what I have found is that as Apr 02, 17:47
*inconsistent {nm} Apr 02, 17:57
It''s just an unrealistic game, have fun with what it is. :) {nm} Apr 02, 18:19
rocket, that actually is a pretty good explanation. Apr 02, 19:10
Just curious, were you tracking total volume traded for the tme period, or just the shares held short/long? {nm} Apr 02, 23:40
Just the number of shares held long/short. {nm} Apr 03, 06:37
from what ive seen the price movement can be viotile at time when it looks like Apr 03, 07:19