HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
How It Works
Smaller ports aka Casual Players are the problem.
Larger ports just simply invest in the MEGA IPO and are done.
Smaller ports mostly consist of casual players. Casual players see a MEGA IPO and get attracted to the brand recognition (Avengers; Justice League; Star Wars...) and assume that these brands will make them profits so they blindly invest. Because they are smaller ports they have less cash and they have to liquify their accounts/ dump stocks to free up cash. Smaller ports usually do not have many shorts, their ports are usually filled with longs and those longs are usually the last MEGA brand IPOs that they bought.
Smaller ports will dump stocks to free up cash so they can invest in MEGA IPO. Since MEGA IPOs are priced very high and they are smaller ports, they dump their highest priced stocks, which are usually the brand IPOs that they bought in the past (Avengers; Justice League; Star Wars...). Since smaller ports usually do not have a large amount of shorts, the damage they do to prices is usually the highest priced blockbuster moviestocks that are scheduled to be released a year or more from now.
Smaller ports/ casual players do not read the boards and cannot be reasoned with. We joke on the boards and call them 'sheep' because they move in a flock like motion. They do not spend very much time at HSX. They log in, scan the posted news, buy the linked stocks and log out.
FYI
Smaller ports/ Casual Players were the reason behind making the Hot Actress Starbond Rule. Whenever HSX IPOs a starbond for a very actractive actress, the Casual Players just automatically buy and the IPO always sells out and the price rises (no matter what or how far away the next adjust is).
How It Works Feb 09, 07:08
Hey.. I like the Hot Actress Starbond Rule. :) {nm} Feb 09, 08:26
Seriously, I have made a lot of money with the Hot Actress rule. {nm} Feb 09, 08:51
HAHAHAHA. Too Funny. It's not about Smaller Ports / Casual Players. It's Always about Adaptation. Feb 09, 10:39
Actually the "sheep" are mostly long-time veterans that play daily movements. Casual players do not daytrade. {nm} Feb 09, 14:22
Agreed! {nm} Feb 09, 19:04
Is that how it works? I thought the commission was based on the amount of money exchanged. {nm} Feb 09, 08:41
commission is based on stock price {nm} Feb 09, 09:54
I think that changed when the new rules on commission (minimum of 2c per share, etc) came in. Feb 09, 11:36
Good to know. Thanks. {nm} Feb 09, 16:38