HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
It is not against the CoC to discuss the bounce...BONDS does it constantly so here is the concept:
Most StarBonds upon adjusting on Tuesday will experience a bounce.
If you are not going to reverse, you will probably see your hard earned gains go away overnight if you do not sell/cover on the day of adjustment
Why? Because a lot of players holding a long will sell, or if holding a short they will cover. I made my money, I am getting out. This is fine.
But the effect on a security of a lot of selling is that is will go down in value. If there is a lot of covering of shorted bonds, the effect will be an increase in value.
Since many experienced players are aware of this, there is a tendancy to reverse the position. That is to change from long to short, or from short to long. The effect of this is to make the increase or redution to be even greater.
NOT EVERY starbond will react this way, so you have to be a little careful. You are trying to "Play the Players" and it is not a perfect system. Why? well, if the StarBond had approached the target price early, a lot of players might have already dumped the bond, so there will be no bounce. Another reason is that the next adjust might be soon, and in the same direction as the current adjust so players will be holding, not selling/covering. But overall, this is not a horrible stategy.
The other question is: "If I am playing the bounce, when do I get out?" I try to monitor these with radar. BrokerGreg, who was the BONDS guy for the first 5 incarnations, advised me to get out by Thursday. I have my own slightly different strategy, but you have to develope it for yourself.
New to Starbonds, anyone got any good Starbond adjust strategies they want to share? Thanks {nm} Nov 01, 07:09
follow news of starbond attachments and drops, check high priced movies' attached bonds, play the post adjust weekly Nov 01, 07:31
Thanks ndmaster, mucho appreciado (or words to that effect)! {nm} Nov 01, 13:06
btw, what do you mean by "post adjust" and how are they played? {nm} Nov 01, 13:09
every monday, moviestocks delist, the next day, starbonds attached to those movies adjust to their new TAGs Nov 01, 14:34
It is not against the CoC to discuss the bounce...BONDS does it constantly so here is the concept: Nov 02, 10:39
Thanks for the great info! Will definately use. {nm} Nov 03, 17:31
