Sunday, July 10, 2005
Nothing Risked, Nothing Gained
Well, I have just had a bad week of HSX trading. In the last week of June I got out of my War of the Worlds stock early to invest in more starbonds. That weekend I saw War of the Worlds and believed I had made the right choice cause I really didn't like the movie. Well, it had one of the best openings of the summer and its stock went up around H$50. Then even after the stock jumped up I was still over cautious and didn't short the stock, which then dropped another H$20. Whereas LiverLvr did the opposite of my actions and made H$2 million over the weekend. Then this Friday I read early reviews of Fantastic Four and they all said it was bad. Even now RottenTomatoes gives it a rating of 26% good. Well with those ratings on the web, Fantastic Four's stock price started dropping so I got out. LiverLvr got out, waited for the price to drop to its lower point Friday morning, then bought it all back. This morning the price adjusted up H$44. BOO!
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I lot of people on HSX guessed wrong on FFOUR. It was funny reading all the posts on the HSX message board about it last Sunday. I saw the movie and it wasn't too bad. I enjoyed it.
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