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Epiphany Epiphany stars Kristin Wiig as a heiress who has two weeks to find a rich husband before she becomes homeless. She...
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Depends on what happens around adjust, and whether or not it's a good movie
Posted by: JohnTEQP on Dec 13, 13:55 in response to islander's post I have a question for the rich people about holding a...
After the adjust, I look at 4 things: 1) Was the move in the direction I was expecting, or was it the opposite? 2) Was it a minor move, or a major one? 3) What's the buzz, i.e. is it a good movie or a bad one? 4)
For example, I was holding [INVIC] long. Mistake: it dropped H$18. That's a big drop. So should I keep it long, or admit my mistake, and short it now?
I'm holding it long to delist, because I've already paid for my mistake. So the question for me today is: would I buy it at this price, or short it? The reviews have been great, and the buzz seems to be good. It's a serious drama for adults; those tend to build well, so the delist will probably be higher than the adjust. Comedies, action movies, and movies specifically aimed at teens [TWLI2] tend to be frontloaded on the opening weekend, so those are usually a safe bet to hold short to delist.
I have a question for the rich people about holding a stock you know is the right way ( say based on known b.o.) but then it moves the oppos islander Nov 28, 00:42
With no commision free trading and only a short time holding period stay with the direction of the sure profit. {nm} ****erillrt Nov 28, 12:57
thnkx guys. interesting to get opposite strategies so far {nm} islander Nov 29, 13:28
The opposite strategies are really about how you want to manage your portfolio. If you check your port a couple of times a day (like I do) RogerMore Nov 29, 17:03
Crikey but you want the sun the moon AND the stars. But let me see if I can get you an answer of what I would do... Catzan Nov 28, 13:26
Point #3 only has validity if the stock has to delist on the Monday hmm Nov 29, 23:15
I almost always let my movie stocks cash out. Rarely sell prior to cash out. Agelmar Dec 10, 21:59
Depends on what happens around adjust, and whether or not it's a good movie JohnTEQP Dec 13, 13:55
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