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That is thinking worthy of a millionaire . . . but not of a billionaire. If you see an overvalued property, short it!

Posted by: DTXbro (a.k.a SenJohnBlutarsky) on Aug 14, 08:21 in response to bunty_ketti's post I usually only short overpriced stocks that havent yet...

Most of the time, excess cash is the problem, not finding worthy opportunities.  Playing the players is a worthy consideration, but so is the prospect of an eight-figure gain in a reasonable period. If you're not willling to short or buy something, with justification, the offering price might have been a reasonably good call.  

Did September arrive early this H$year?  (We know, we know, check the calendar . .  . we did, but couldn't find any mention of an early onset for September . . . and it sure seems unseasonably chilly in big-cap territory recently.)

HOBIT3 for $180 IPO !! rIdiculous bunty_ketti Aug 14, 02:52

I think your miscalculating - so if OW is 100 x 2.7 = 270. adjust. Nice gain {nm} JDolphin Aug 14, 02:57

50% return for a holding period of 20 months , low by HSX standards !! bunty_ketti Aug 14, 03:00

Now that's the way a millionaire thinks!! (But not the way a billionaire thinks) {nm} DTXbro Aug 14, 03:49

Hunger 3 Part 2 Ipo next saturday!!! {nm} mike255 Aug 14, 05:02

If you think it is overpriced, short it. {nm} tatoufan Aug 14, 05:09

I usually only short overpriced stocks that havent yet been greenlit , or have an active prodctn start date bunty_ketti Aug 14, 05:31

That is thinking worthy of a millionaire . . . but not of a billionaire. If you see an overvalued property, short it! DTXbro Aug 14, 08:21

I agree. These expensive IPOs basically price most players out of the game. There's no way anyone but a billionaire can afford it ... elchan Aug 14, 06:40

I make 48 million dollars in hsx in just 2 1/2 month. Not just newbie mike255 Aug 14, 06:49

You're a real piece of work... {nm} slappydavid Aug 14, 07:03

Nice trading! I assume you won't be tying up your $ on this stock. BelizeIt Aug 14, 15:09

Every billionaire was a two-millionaire at some point. We bought what we could afford {nm} islander Aug 14, 06:50

In a galaxy far far away... ;-) Catzan Aug 14, 08:03

One IPO...what, how many other stocks are there to play? So now there have been two? Not a huge impact on the overall game really. Catzan Aug 14, 07:47

Strange, I've only got ~$330M but I planned ahead and had cash on hand sufficient to be able to go all in. {nm} DTravel Aug 14, 22:24

you've got a 2.4 billion portfolio and you're complaining? get a life. {nm} ndmaster Aug 14, 08:02

POLL: When there is an IPO, if players sell stocks to free up cash to purchase the IPO, shouldn't the value that the stocks they sell drop kurgan Aug 15, 08:17

No. {nm} DTravel Aug 15, 11:35





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