HSX Forum
Playing & Trading Strategy
If a movie is already released and the gross is higher than the current value is it a certain win ? {nm}
Posted by: Lpmat (a.k.a del_KOT_Lpmat) on Jul 24, 14:23
If a movie is already released and the gross is higher than the current value is it a certain win ?
Lpmat
Jul 24, 14:23
yes , people here call it "arb" - but factor in commission
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daveart
Jul 24, 14:38
Thanks. So, I've to make sure (current value + 2%) < (gross / 1 000 000) right ? And what arb stands for ?
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Lpmat
Jul 24, 15:24
"Arbitrage". Yes, 2% if you need to flip positions. But, only 1% as new invest & ride to delist. (But, 2% each way, for penny stocks.)
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edzep - Port Monkey!
Jul 24, 17:13
take back what I said, I didnt know you can buy 100k shares of the o.w. derivitave lol thats enough excitement
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gibster420
Jul 24, 21:48
One side note, if BOM says a movie made 1.00 it may delist slightly less so take that into consideration.
mishra
Jul 26, 03:46
Just compare the compare the Gross on the stock page vs the weekend box office on BOM and you can see when (or if) they stopped tracking
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JDolphin
Jul 26, 16:26