Wednesday, July 16, 2008

The Start of a Very Important Resource for Hollywood Stock Exchange users

Hello traders! Today I broke into the top 200,000 for the first time ever on Hollywood Stock Exchange, so it seemed like a good day to start a blog. My portfolio is just over H$ five million, and first I guess I’ll tell how it started. I started an account about two years ago and was given the option of 100 free shares of Indiana Jones Kingdom of the Crystal Skull (INDY4). I thought Indiana Jones would be a big hit, and so on first day of what I thought would be a new hobby, I decided to just dump all my starting money into the new crusader picture. The stock was at about H$150, and it grew a lot in two years that I never even thought about it.

In 2008, when a trailer for Indiana Jones Kingdom of the Crystal Skull jogged my memory, and I retrieved from my email and dusted off my HSX account info, INDY4 was just about to go into wide release and the stock had bloated to H$250. I sold it all then, which proved rash when the stock continued to climb after opening weekend, and as it prepares now to de-list at over H$300.

Then I took a bath on Where the Wild Things Are.

I stopped the bleeding and must have lost interest in something else in my life, because I started trading a little most days. I bought and sold for profit Shrek 4, the Tim Burton directed Alice and Wonderland upcoming from Disney, Jessica Alba, Borne 4, and others. This summer I made money successfully shorting The Love Guru. Currently about 80% of my profile is still in The Dark Knight (BATM2). This movie will adjust after the weekend to at least H$400. It won’t de-list that high, but it might come close. In any event I’m selling these shares immediately after the weekend, and probably putting most of the money back into BORN4, which has dropped H$10 since I sold at H$87.

I think it’s also a good time to pick up shares of Where the Wild Things are again, which today dropped to a year-low price of H$49. I don’t think Spike Jonze or the studio wants to give up on a live-action film of such a popular storybook yet.
Next post I will tell you about how I’m making money betting on the deaths of two great big stars, PNEWM and PSWAY. Talking about Swayze will also give me a chance to talk about my method of shorting stock. Until then, keep trading traders!

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