HSX Forum

Playing & Trading Strategy

I'd rather have huge concentrated positons in a few stocks than spend a lifetime chasing nickels in a zillion stocks.

Posted by: Alby on Feb 13, 20:44 in response to Antibody's post That you want to concentrate into fewer stocks is...

 

For example, Black Panther 2 is $411.55 right now. The most I can invest is $41,155,000 into the stock.

That investment makes up (0.005%) of my net worth. Even if the stock doubled (which isn't likely), I would

only see a half of 1% gain. And the number of stocks worth more than $400 you can count on (1) hand.

 

So it only makes sense that rich people should be given the ability to concentrat more wealth into a stock to

move the needle in their portfolio at least 1% or 2% if a hot stock/movie takes off.

Call to Raise the Share Limit on Movies Alby Feb 10, 06:43

One million shares? R U nuts? {nm} GruntNoNeck Feb 10, 08:05

If you could buy a million shares of RALP2.BW would you? {nm} ndmaster Feb 10, 14:27

Raising the share ceiling favors those already doing very well. Plus... DTravel Feb 10, 13:18

I've always said it should be unlimited. The only thing limiting the number of shares you can purchase does is create inefficiencies ndmaster Feb 10, 14:26

What I really don't understand is that HSX wants the data to be as ACCURATE AS POSSIBLE. ndmaster Feb 10, 14:28

For this to happen, I think you’d have to have something like daily trading limits. RogerMore Feb 10, 15:39

You are missing the point. Your comment shows that you don't understand markets very well. ndmaster Feb 10, 20:26

What value is there in predicting the 12 week box office of a movie that’s already opened, and has grossed over $100M? RogerMore Feb 10, 21:01

An "unlimited" market with no genuine financial risk would seem to invite manipulation (but current limits seem stale) {nm} DTXbro Feb 13, 07:43

BWs are just a bonus so that traders can hold a major hit beyond 4 weeks. The price is not used as a predictive daa. {nm} Antibody Feb 11, 09:16

Any "solution" would be to take the H$Billions out of the game, not to generate even more H$Billions. {nm} Antibody Feb 11, 09:17

Just take the last three zeros from all accounts with more than a billion dollars! {nm} GruntNoNeck Feb 11, 09:35

Being a Billionaire is a lot of work to move the needle. I'm opting to just ride the interest rate yield. Alby Feb 12, 18:50

That you want to concentrate into fewer stocks is actually an arguments against raising the limit. Antibody Feb 13, 11:41

I'd rather have huge concentrated positons in a few stocks than spend a lifetime chasing nickels in a zillion stocks. Alby Feb 13, 20:44

Personally I disagree with that. That takes away much of the challenge and need to think about what to do. {nm} DTravel Feb 14, 11:05

There is merit to that claim, although the stakes of being right/wrong are much higher. Alby Feb 16, 11:10

Bring back the merchandise exchange -- still can't believe we didn't get the hat, mug, pen, etc. {nm} DTXbro Feb 13, 09:08





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