HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Reshorting will be a thing of the past. You'll have to cover when a stock moves up, wait to reshort when you
think the time is right. But reshorting during commish eats into your gains.
The interesting thing will be to see how often stocks that have been consistantly moving downward turn around; usually this happens during COMM FREE. I'd expect that players with small to medium sized ports will be in more of a bind.
Once you have more than 1.4 billion or so, and you can hold every movie stock with max shares and still have cash, you're not too cash poor. And once you get past 2 billion you'll just forget about reshorting; you'll have cash and why waste the profit?
Perhaps players won't play the players as much any more, and will stay long or short on a stock more than they used to? I know for myself I'd play certain stocks a certain way with comm free in mind.
As an example: if i'm holding a stock that costs at least 90.00 or more short, I woudn't flip it long once Wednesday rolls around, because i know that more likely than not I'd lose the profit i make wednesday-sat a.m. by sometime between 10am-10:10 am pacific time saturday, because you simply cannot flip all the stocks with a price greater than 90 in that short a time period. You're gonna take you lumps from 10 to 10:15, you try to limit it, but still you're gonna pay. so if i'm holding, say a BIG priced movie stock a certain way at a certain time of the week, i'm more or less likely to flip toward the trend, depending on which way that trend is going.
No longer, with comm free out of there.
So things will definitely change. The bottom line, it's a blessing, i won't feel the obligation to spend time on my weekend worrying about it anymore.
Cool.
HSX Announces the End of the Commission-Free Period Sep 22, 11:45
Is this real? {nm} Sep 22, 11:53
its about damn time! Sep 22, 12:31
yes (it's on the Announcements Board as well) {nm} Sep 22, 11:58
I'll go ahead and assume that was a joke. Very comical suggestion. {nm} Sep 22, 12:32
yay! {nm} Sep 22, 11:58
Why? Because you assume that it would ruin the game? How? Sep 22, 12:48
Rapid price fluctuations don't equate to accuracy. Sep 22, 12:56
I wish the no commission free period was a joke, pretty sure that's going to happen. So don't yay too soon. {nm} Sep 22, 12:58
yes, we would have lots of volatility, but it would quickly calm down Sep 22, 13:08
Not when investing in a penny stock which is not widely held. Sep 22, 18:31
yeesh, these new boards baffle me. This was supposed to be a response to CSBD's question. {nm} Sep 22, 12:59
and *this* was supposed to be a reply to myself (I give up) {nm} Sep 22, 13:00
Fail. {nm} Sep 22, 13:06
complete and utter. {nm} Sep 22, 13:10
After the 10th response, the thread starts screwing up. It's on the list to fix... Sep 22, 13:09
and the 'yay' was a response to your answer and your answer only. {nm} Sep 22, 14:00
Yeah, there you go. Let's get rid of share limitations, too. Sep 22, 12:33
I doubt they could just lift the cap altogether, but I'd like to see an increase from 50k stocks {nm} Sep 22, 13:00
can i have a few billion of that? since you have so much to spare! :) {nm} Sep 22, 14:49
how about just the saturday IPO still be purchased commission free? {nm} Sep 22, 12:37
cool...can we move all blockbuster IPOs to Saturdays then?...they just go well together for some reason {nm} Sep 22, 12:50
YAY!!! Best news ever {nm} Sep 22, 13:18
Reshorting will be a thing of the past. You'll have to cover when a stock moves up, wait to reshort when you Sep 22, 16:09
Ecxellent!! Now end reset and it will be a perfect game! {nm} Sep 22, 14:38
"Commision Free" was a nice chance to tidy up my portfolio. Not any more I guess. Suucks {nm} Sep 22, 14:46
perfect for my plan to ease up off HSX and do other things with my life {nm} Sep 22, 16:05
Well that kicks it for me...at least I made it to #10 before I quit... {nm} Sep 22, 11:57
Meh, I'm fine with this. Sep 22, 16:52
Seriously, if you're at #10 on LTD, you can afford to pay commission, ya cheapskate. {nm} Sep 22, 12:10
I only play with the numbers...Don't know squat about movies...Been to 2 movies in the last 28 years {nm} Sep 22, 12:20
Now that you're no longer playing, you'll have more free time. Go out and see a movie!!! FAME opens on Friday! :) {nm} Sep 22, 14:48
I agree. Commission free was a fun time for some of us to play. Sep 22, 12:28
wait, did grory did quit? {nm} Sep 22, 12:42
just quit? {nm} Sep 22, 12:42
yes, she did {nm} Sep 22, 12:56
congrats on the top 10! {nm} Sep 22, 15:29
Word, enough with the Saturday ridiculousness {nm} Sep 22, 19:35
is this a joke ? Sep 22, 12:00
Effective immediately? {nm} Sep 22, 12:05
Probably effective this coming Saturday {nm} Sep 22, 12:10
Figures. The week I com back after a couple years away comms free gets canned. My port is soooo red :) {nm} Sep 22, 12:19
its all a plot to destroy hsx and make us play Cantor Exchange........ {nm} Sep 22, 12:09
i think i agree with this. but what happens when all the 'fun' is gone, and all there is left is 'function' ? {nm} Sep 22, 12:23
was paying 1% THAT big of a deal? {nm} Sep 22, 12:32
This is exactly it for me. Sep 22, 12:50
that's interesting, becasuse, to me, those things dont matter much Sep 22, 12:56
I can't disagree... Sep 22, 13:36
i like the new version Sep 22, 13:24
Same here... i don't play/trade as much as I used to, but I don't really have to. {nm} Sep 22, 15:30
I'll pretend this is addressed to me, because I can't tell with this lovely system they have now... Sep 22, 13:27
No, it's not even for an under 2-billion port like mine... but it is if you want to daytrade up/down incessantly. {nm} Sep 22, 14:08
Just great. If "Free Trades" has the same odds as "Classic Cash", I'll never win.... Sep 22, 12:09
it effects the big ports just as much as you, its 1% of trades! {nm} Sep 22, 12:33
true. very true. {nm} Sep 22, 13:52
I guess it will be rather dead around here on the weekends. {nm} Sep 22, 12:20
watch, probably they'll move every ipo to saturday! {nm} Sep 22, 12:34
Shush now .. don't go putting that idea into their heads. {nm} Sep 22, 12:42
Nope, I'll still be around :) {nm} Sep 22, 14:48
Maybe they want that, dead on the weekend. I know it will certainly change the way i play; the weekend was maybe the busiest.. Sep 22, 15:57
Since I still have dial-up, can I still have a Commission-Free Period? {nm} Sep 22, 12:29
Okay ... this is the best line in the group!!! LOL {nm} Sep 22, 12:49
Er .. is it high-speed dial up or low speed? High speed, then no . slow speed . we'll think on it. :) {nm} Sep 22, 13:06
The highest connection speed I ever got on dial-up was 28.8 Kbps {nm} Sep 22, 13:56
I didn't even know this existed.... {nm} Sep 22, 12:30
what's commish-free?...no Jim Gordon?...no David Stern?...no Gary Bettman? {nm} Sep 22, 16:58
