HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
If someone is long on a security that is priced higher than its maximum potential, then sell is a good idea, no? Short? well
the long range nature of these StarBond adjusts has to be taken into account. At the time of the posting, the gain by shorting was about 5pct, so on the books it offset commission, even in and out 2pct.
In the case of Sir Ian, many folks looked at HOBIT as the next adjust, bought it and just let it ride. It has ridden and ridden and gone past the maximum target, and had actually changed course, according to the graph, before I looked at it and posted.
It was a good investment. In the last year, it rose 26 points, at max, according to the graph, and those who had been purchasing it may have not looked at the numbers. I didn't. I was doing some chart comparisons and noticed I was pointing the "wrong" way according to KaiGee. I checked. I figured that, as a public service, I would share my discovery.
Once I got past the Wizard, I looked at all of the other HOBIT bonds, for my own port, and saw that CBLAN had also shot past the mark.
Now there are some folks out there, not ww/ss, reading this who may or may not be totally familiar with the rules of StarBond adjust, who may have figured that HOBIT will dilist at about 500 or whatever, and were not aware of the 250M cap. I do try to help, without making blatant calls to action. In both cases, it was posted to tell folks to check their holding.
If they were holding a Nominoption which would delist at 12 and the price was way over 12, people would be posting BRA ! Well, there are technically no BRA StarBonds, but these two definitely were above maximum possible adjust price.
You may also want to look at your math for CBLAN as well. {nm} Oct 15, 13:08
Seriously? These are expensive bonds that don't adjust for 14 months and CBLAN is barely worth holding considering the ROI Oct 15, 18:44
Note...I was not advocating buying or selling or whatever, only to reevaluate positions, especially if they were long. Oct 16, 10:47
If you are suggesting people to reevaluate their long positions, what are their options? Sell/short? Oct 17, 04:43
If someone is long on a security that is priced higher than its maximum potential, then sell is a good idea, no? Short? well Oct 17, 09:09
