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HSX Forums: Movies Board
Well, but hang on a moment... forums aren't truth centers, they're just forums
There's no guarantee that anything posted here is 'true' or not. I think that's lopreste's point. If he really wants to go around shouting "I'm long 100k of Superman Part 87, and everyone else should be too, it's trading at H$10 now , but going to adjust to H$750!!" - why shouldn't he be allowed to? Smart savvy traders will do their due dilligence and realize he's either trying to manipulate the price, or just not very smart. But either way, why is it a crime to post that? Because 10 other idiots might buy and he might squeeze out H$0.25 in profit?
I respect your point in a real market about full disclosure and transparency in terms of real customer funds and publicly traded companies in the real world, but this is a game, a simulation. Why shouldn't the idea of 'gray news' play a role ? A better question is would any of the legitimately good / seasoned traders even care or notice it ?
I would totally be on your side in this case if the delist price had anything to do with fluctuations or fake/bad info - but since the adjust and the delist are totally determined by publicly published unarguable numbers from trade magazines, I'm confused why it would bother anyone.
I will agree/concede his post belongs more in the Playing and Strategy boards tho, and not the Movies boards.
ok, new question. Where can one go to find or create call to actions??? something tells me this on May 08, 10:33
in one's own mind seems to be safest! {nm} on May 08, 10:35
I think the point is to disallow calls to action, to prevent market manipulation. on May 08, 10:38
That would be Broadway and Wall St, ever since the Buttonwood Agreement in 1792 :). {nm} on May 08, 10:38
But you can't really manipulate the market - box office receipts come in and the price adjusts. Who cares what you post? on May 08, 10:41
Sheep follow sheep and wolves that mix in can make an H$ or two. {nm} on May 08, 10:47
Exactly!!! on May 08, 10:48
From your posts on this subject, I don't think you have much of an idea how markets - either real world or here - actually work. {nm} on May 08, 10:52
Apparently you cant read {nm} on May 08, 10:55
To be clearer, proper functioning of a market relies on there being information that can be trusted by investors. on May 08, 11:01
Very good reply, thank you. {nm} on May 08, 11:05
+1.....lots of newbs think they're the Jim Kramer of HSX w/o any understanding of this game {nm} on May 08, 12:13
Well, but hang on a moment... forums aren't truth centers, they're just forums on May 08, 12:42
Because smart traders will invest in the stock, knowing that idiots will also be investing in it. This affects the price, so more on May 08, 13:47
once you allow one to post a call to action, you allow everyone. then this place becomes an impossible-to-read forums with on May 08, 13:52
You're jumping the gun a bit on May 08, 14:29
There's nothing wrong with stating your opinion. Just state your reasoning when you do. {nm} on May 08, 14:34
I love unreasonable assumptions; they're my favorite kind {nm} on May 08, 14:41
bottom line...its against the rules on May 08, 13:58
In the long-run you cannot, but short-term is a different story. {nm} on May 08, 11:00
Oh you most definitely can manipulate the market. You get enough people to follow you in an action on a stock, that stock's price changes. on May 08, 11:05
the best and only legit call to action is to find real breaking news about a movie, and post it here {nm} on May 08, 11:35
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