HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
HSX prices IPO's as well as they can, but
they are pricing IPO's that are floated sometimes years in advance of the movie even going into production. The IPO price is usually just a shot in the dark as to the actual value of the stock. And HSX usually floats IPO's of movies that are in development, which means that they are a long way from delist. For most IPO's, it doesn't make sense for most players to hold them from IPO to delist, because the dROI is so low. So most players have an incentive to short IPO's and then wait for real news to reverse that position.
Market manipulation or praying for the destruction of the HSX virtual economy? Jan 08, 15:32
First I'm sure you mean 3B. I learned a long time ago that the general direction of most IPO;s is south, until such Jan 08, 16:22
^ What he said! {nm} Jan 08, 16:57
I looked...it is 30M, not 30B. Not much activity in 10 years. Probably a lot of buy and hold stocks. {nm} Jan 08, 17:59
Drats! I'll get more in depth, but yes I meant H$30M - (Maybe I was just being an optimist) ;) {nm} Jan 08, 18:27
HSX prices IPO's as well as they can, but Jan 09, 20:34
To your question: Both. If a stock is moving down, some traders will short it whether that makes sense or not. {nm} Jan 08, 17:21
theres a lot that that. Jan 08, 20:02
Since the highest IPO price has been H$150 while MovieStocks have delisted over H$400, not every IPO is inflated. {nm} Jan 09, 10:36
Holy smokes... not trying to be rude but only $30M in 10+ years?!?! How in the world did that happen? {nm} Jan 09, 14:29
Lots of people (including myself) where once inactive players who became active. E.g.: Jan 09, 14:46
I see. {nm} Jan 09, 14:59
Thanks for the reminder. {nm} Jan 10, 12:50