I'm finally in the positives and I'm hot on Houde's heels. I'm on the fast track to the top baby!!!
Sure rub it in. :lol:
Yesterday I went from -0.32% and thought YES GET IN THERE MY SON. I was on my way out of - then today I'm down to -2.52% :x
I'm finally in the positives and I'm hot on Houde's heels. I'm on the fast track to the top baby!!!
"If these trends continue. . . Ayyy!"
Well, I don't expect huge gains or loses at this point in the game, the ones I choose were movies that have release dates in the winter quarter of this year. I'm trying a buy em low, sell em high tatic.
If I'm not mistaken, it STILL works out mathematically as if you bought two sets of stock at different prices. I'd compute it right now just to verify, but I just woke up and am not in the best frame of mind to do that. In any case, the use of an 'averaged' figure is probably just to simplify things at the spreadsheet level.So, apparently things don't work exactly like I thought and if you bought stock in something at one price then buy more stock in it you don't have two sets of stock for it at different prices, it all averages out.
:lol: :lol: :lol:Joe Kalicki said:We'll get them. The minute I let a Texan, a Philippino and a mad scientist beat me at a fake movie stock game is the day I retire.
From the fake movie stock industry.
What's your username?Wow, over the course of the last twelve hours, I've gone from fifth place to second.
wheeeeeee!
If I'm not mistaken, it STILL works out mathematically as if you bought two sets of stock at different prices. I'd compute it right now just to verify, but I just woke up and am not in the best frame of mind to do that. In any case, the use of an 'averaged' figure is probably just to simplify things at the spreadsheet level.
Don't worry about it. If you recall, I had a really bad start earlier this week. I merely leap-frogged forward through some really careful investments.
One of the best things I did, was that I bought 3000 shares on British actress Lena Headey (Gossip, Imagine Me & You; HSX-symbol LHEAD) because she was available at a relatively lower price and I was betting on all the buzz for 300 (and its potential box office) to really give a big push to her value. And it did.
I actually have relatively less interest in that movie than everyone else around me, but it seems that the trailers and the Frank Miller association is getting everyone --- non-comic fans included --- talking, so I think anyone who invested in that film early on was well rewarded.
The other thing I've been doing is placing small investments on a LOT of actors who are attached to big-name films, but have consistently smaller share values. Lena Headey (mentioned above) is a good example. James Franco (JAFRA) of Spider-Man 3 is another.
Mathematically speaking, actors who do smaller films on a regular basis between blockbuster films will probably have their share value catapulted as soon as the film completes its first four weeks of box office (which is when the film gets de-listed from HSX and computed into an actor's TAG).
This isn't to say that a lower-profile actor is necessarily a 'bad investment' just because he has a consistently middle-range share value. What it usually means is that he has a stable share value that from time to time, gets a price-hike anomaly from being attached to a blockbuster film.
This is why it is not exactly a safe bet to place money on big name stars, because they experience much sharper adjustments in share price between movies. Also, the cost of entry is so high that the day to day earnings (or losses) are statistically minute.
For example, if you paid $100,000 for a 1000 shares of Big Name X, a price adjustment of $1 per share nets you a 1% increase. However, investing in Character Actor Y at $20,000 for the same amount of shares means that a $1 increase for the day is a %5 gain.
I kinda want to get into this. . .but I don't want to get addicted. :?
I kinda want to get into this. . .but I don't want to get addicted. :?