Yes. If the value of a MovieStock or StarBond you own, goes down and you sell it, you will have lost money. However, the really risky way to lose is where you sold or shorted a MovieStock or StarBond because you thought the value was going to go down. As the bond or stock goes up in value, your paper loss will increase until you liquidate that trade or the bond or stock expires. So, if you sorted a MovieStock at H$10 and it eventually closes out at H$100, you will have lost H$90.