HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
That was not the point. The fund had positions in 145 StarBonds at this time, (plus 6 radars) and of the
145, all but 2 are "green" anywhere from about 2K up to almost 500K (3 ALCWN bonds are my top gainers.)
BONDS biggest losere refers to those positions in which the Fund has, at present, lost money. In these cases, I am also questioning my own strategy, as well as that of the players.
Last week, JDEPP was one of my losers. It was a short pending adjust, but players who did not know StarBonds worked were buying (or covering) and the value of the StarBond was higher than when BONDS had taken a short position. BONDS was not going to change, or make any more or less when the adjust was going to occur, I was simply aletting players that the correct investment should have been short, and I always use the prices to back up the statement.
I also try to mention, from time to time, that any attempt to mimic the fund should be done with a portfolio at least 2 times the size of the fund. At present, my worst dROI is about .50 and the fund is worth almost 100M. Anyone trying to buy or short bonds with tha kind of dROI should have a portfolio of at least 200M or greater.
Going back to the first BONDS fund, in 2002, (I came on board 2 years later) the purpose was to educate players about the soundness of the "new" bond market, and I have always tried to have hints that were educational.
Yesterday, as the fund approached delist, I was being cute. I would love the fund to be positive on every position before it delists. Usually that is the way it starts out.
Once again, the "losers" refers only to the fact that BONDS has lost some H$ of investment and should not have.
Hoping to go out in a "Blaze of Glory"....mrbinns
As we get ready to kiss BONDS 14 goodbye, here are the ONLY losers: Mar 17, 11:31
wow, I thought the only losers... Mar 17, 11:41
Pity the Fool who invested in the 15 more widely held funds and passed up BONDS......Well there is always 15 {nm} Mar 17, 13:59
Can't wait for BONDS 15! Great managing!!! {nm} Mar 17, 13:46
Please stop calling them "losers" just because they're not moving fast enough for "you". Mar 17, 14:00
I agree with DMac; that is confusing terminology. StarBondFund should call them Best Investments or something {nm} Mar 18, 05:44
That was not the point. The fund had positions in 145 StarBonds at this time, (plus 6 radars) and of the Mar 18, 09:01
Which is my point that your intent is to move the price to your benefit. {nm} Mar 18, 10:44
