HSX Status Update, Summer 2008 Edition post a comment
Ok! It’s been about 2 years since my last HSX update. Since then, I’ve shifted my focus from the micromanagement of many StarBonds to the a few post-adjusting MovieStocks. In general, movies will never fully make it to their multiplier (usually 2.8) in 4 weeks, so it’s almost always around an automatic H$1million profit if you short 50k shares (see HULK2 and HANCK). You don’t even have to pay the selling commission if you hold out until the final delist. The most exciting part of the summer is that we get lots of highly hyped and marketed action (i.e. FRONT LOADED!) movies. So the initial adjust is way way higher than what it will eventually make. So…profit! The key to this strategy is to only go for the big movies that make a lot but have low review scores. Low scores mean short legs and a 50%+ drop week-to-week.
In my personal portfolio, for those curious, my top profiting MovieStocks are: TFRM2, HPOT7, IRNM2, UP, and CAPAM. These total around H$25 million net gain! And here’s my 90-day portfolio movement (heavy changes recently because of BATM2 not exactly going my way…):
I am currently ranked 6532 and in the top 99.14 percentile with a total portolio value of H$260 million!
