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Playing & Trading Strategy

What do you mean? When should you sell an opener? Hold onto it? Short it? Cover it?

Posted by: Flash on Aug 21, 22:17 in response to theycallmediddy's post Is there a good article about how to handle movies after...

ONLY you can decide when the best time to sell or cover a stock.. openers tend to have the most movement leading UP to when they halt, and then AFTER they adjust.

Many openers do NOT make their adjust price after 4 weekends.. so many people sell off and take their profits and move on.  Others short an adjusted opener, hoping for additional earnings.  Others hold onto them, hoping they may have good "legs" and earn evern more money.

Remember that probably 50% or more of the movies that open do NOT make their adjust price... so only YOU can decide WHEN the best time is to sell it, or hold onto it.

Beware of anyone who says "buy now" or "sell now..." as this is considered "manipulation" of stocks by HSX - which they take a dim view of... so be wary is someone tells you that.

Again - only YOU can decide when the best time to buy or short, sell or cover is... since everyone's playing style is different, and everyone has a different "tolerance" for risk... so I'm afraid if you're looking someone to tell you when to buy or sell, only YOU can decide that... sorry.Laughing

 





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