HSX Forum

Playing & Trading Strategy

"Taking The Money And Running"

Posted by: MitchC on Nov 08, 14:00

Do any players  "Take the money and run"

 

For example.

 

I had several  "Blockbuster movies" due for release soon, where I got huge returns on them"

 

Yet, a major drop in a few of them lately, caused me to lose, several million dollars on them from their high, and I decided to sell them, and cash in what waa a tidy profit.   

 

I felt that smart to do, in case of  a disappointing opening weekend, etc.

 

Do other players have this philosophy, or do you usually wait until opening weekend or later to just see what happens?

 

Thoughts?





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