HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
from glossary (@ the bottom of every page)
There is no such thing as a free lunch in Hollywood and the same goes for the Hollywood Stock Exchange. Commission is the amount charged to execute a trade. Typically, commission is equal one percent of the total cost of each trade. So, if you buy a MovieStock and then sell it, you will be charged a two-percent commission on the stock.
So, when you trade 1%, when you keep it until it cashes out no fee.
If you have plenty of cash, let it cash out; if you don't sell/cover and move on.
Also, stocks priced under H$2 are charged .02 commission per share.
is there a cash out fee? i.e. any reason to hold something to cash out rather than sell? {nm} Apr 11, 06:27
from glossary (@ the bottom of every page) Apr 11, 07:56
no charge on delists {nm} Apr 15, 10:20
ty {nm} Apr 15, 10:37
