HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Basically, here's how it works:
You buy shares of a film "MOVIE." MOVIE is priced at $10/share... you can buy a maximum of 75,000 shares (until HSX raises the limit to 100K shares this month).
In this example, MOIVE is priced at $10/share, and it opens in 30 days. You buy 50,000 shares. The price fluctuates up and down based on market conditions, and 2 days before MOVIE opens, it's price is NOW $30/share.... which means that players think MOVIE will open at the Box Office to around 11 million or so the opening weekend.
HSX "halts" the stock on Saturday, NO MORE buying or selling that stock until HSX "adjusts" the price BASED on how well (or how bad) MOVIE opened at the box office. In our example, let's say that MOVIE made an "estimated" $15M opening weekend.... so HSX will "adjust" the price of each share by the formula of 2.7 x 15 (since $15M was what the estimated box office was)... so 2.7 x 15 means the "adjusted price of MOVIE's stock is $40.5...so every share you bought (50,000 shares) is now worth $40.5 each... for a total of profit of $1,500,250... a good buy!
If the movie does NOT open well, then you LOSE money. All movies that open "wide" delist after the 4th weekend (which includes opening weekend)
You also may want to check out the "Help" section of HSX - located at the bottom of each page, along with the Glossary, FAQ's, etc... these may help you.
If you have 'specific' questions, ask away on the Players Board, and I'm sure someone will answer for you!
Welcome, and good luck!
Need a little help! Jan 03, 13:48
Basically, here's how it works: Jan 03, 16:29
Might I add that if a movie does not do well and you have shorted it then you don't lose money you make money. Jan 05, 12:14
Also...here's some tips on how to build your port.... Jan 03, 16:31
Bonds are much less volatile... Jan 04, 12:14
I thought you had to _be_ crazy to understand reset trading and OW's Jan 04, 15:50
I did mention bonds in my post... Jan 04, 17:34
With due respect, my problem with that advice is Jan 04, 23:02
The game has changed in the 12 years I've played... Jan 05, 07:54
Didn't mean to contradict, just add my 2 cents. Bonds are how I make $HSX {nm} Jan 05, 11:24
Same here - out of my $22M worth just short of $16M is in Starbonds. Jan 05, 13:52
Thanks, last question... Jan 03, 17:47
Either one, your choice. Jan 03, 18:09
Awesome! Jan 03, 18:43
Small ports need to think short term. {nm} Jan 03, 22:19
Don't forget the commission! Jan 05, 04:43
