HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
With movies that have an IPO just before a wide release, there are issues with how to price it.
For God's Not Dead, before last week there wasn't anything to indicate . Now it's suddenly a wide release opening in 780 theatres, but there's no moviestock on the exchange. So what should the IPO price be? This movie was under the radar until last week - is it actually going to be a success, or will it flop because no one knows about it?
Now personally, I don't see much of an issue in setting the IPO based on tracking, or a best guess. But obviously I'm not HSX.
But HSX doesn't like giving away easy money to traders, and it's not going to gain a lot of useful sell-able data because the window between IPO and release is so small. And also, with an IPO this close to release, the IPO price is setting out HSX's expectations of what the adjust would be - rather than the market's expectations.
Playing this weekend in Staten Island Regal: God's Not Dead...stars Kevin Sorbo {nm} Mar 20, 19:33
Yeap, and 780 other theaters... DCAIN is in it, but powers to be are not convinced it will be reported... {nm} Mar 20, 19:41
Really don't understand how this works... {nm} Mar 20, 20:03
With movies that have an IPO just before a wide release, there are issues with how to price it. Mar 21, 06:33
