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But under this system we get more BWs, which is great. My personal suggestion is that the strike price be lowered, and the IPO price raised

Posted by: RogerMore on Aug 09, 13:00 in response to vadym's post Completely agree. OW is not enough. Also bring back BW...

For example, a .BW IPO today may have a strike price of $200M and an IPO price of $5 a share, so the movie has to gross $205M or more to turn a profit for traders holding it long.  Most traders just buy the BW at IPO and then forget about it, because it'll probably turn a profit and if it doesn't, only $100K is at risk. There's not a lot of active trading.

Instead, it could have a strike price of $180M and an IPO price of $25 a share. There'd be more at stake, so there'd be more incentive for traders to take risks like shorting at IPO, and more incentive to actively trade the BW based on actual box office.

The only downside I see is that a higher IPO price could price out smaller traders, who might not have $500K to invest.  BWs are traditionally a cheap way for newbies to have a stake in blockbusters they can't afford to hold on OW and grow their port through long-term gains.

Halt Time Stupidity Mealticket Aug 09, 11:32

Yes it does {nm} loslobos Aug 09, 11:34

that's what .ow is for {nm} Oleg Max Aug 09, 11:39

Time change. Time move on {nm} mike255 Aug 09, 11:48

I'm sure HSX is aware of the reduction of mystery & risk...it's common sense...yet they kept halt time like this for years...why?... tealfan Aug 09, 12:23

Noticed the same...that and the big IPOs on Saturday...guess site traffic was highest M-F during work hours... {nm} JustaGuy Aug 09, 12:36

... iirc, this was the exact reason given ... increase Saturday traffic in stocks without the distortions caused by commish-free .... BC Aug 09, 13:15

sour grapes of wrath eh {nm} JPS13 Aug 09, 12:34

Completely agree. OW is not enough. Also bring back BW to the beginning of the season {nm} vadym Aug 09, 12:36

But under this system we get more BWs, which is great. My personal suggestion is that the strike price be lowered, and the IPO price raised RogerMore Aug 09, 13:00

Remember IPO prices of H$ 10.00 for Harry Potter movies billy Aug 09, 13:16

Get over it blaze223 Aug 09, 12:47

Ask for your money back. I didn't like it at first, but now with the .ow and the stock there are even more opportunities to make fake money. {nm} ryancoke2 Aug 09, 12:49

The sites is try to make money. If u don't like don't play. {nm} mike255 Aug 09, 13:07

A summary of peoples responses to my original post earlier today...... Mealticket Aug 09, 14:25

you missed - it helps keep the site operational by having more traffic on Sat {nm} Moviesnob Aug 09, 14:27

This and the big IPOs are the only reasons I come in on saturdays... {nm} slappydavid Aug 09, 16:30

I agree with you. I liked the old version better, it was more gut wrenching on Saturdays when you realized if you played it right or wrong. {nm} BelizeIt Aug 10, 10:12

Good Lord.. THis isn't anything that new.. Been like this for a while. LET IT GO... {nm} Dorfman Aug 09, 16:49

I second the Good Lord and LET IT GO {nm} aaronl5 Aug 09, 20:04

On a very front loaded movie, you can still screw the pooch with a Saturday halt. I know, I've done it enough :( {nm} davmoo Aug 09, 20:30

I like the game as it plays now..., but .... JMT-NL Aug 10, 09:16

I loved... JMT-NL Aug 10, 09:18

You still can, just with 1% less clean money. :) {nm} DTravel Aug 10, 10:08

yup {nm} Beaker Aug 10, 13:00





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Dog Years (DOGYS) 1 1.63 (-0.37)          Dog Years (DOGYS) 1 1.63 (-0.37)          Silent Night, Deadly Night - Ope (SNDN.OW) 100000 5.47 (-0.34)          The Resurrection of the Christ (RESUR) 98 120.19 (+0.77)          Ella McCay (EMCAY) 150000 13.37 (+0.61)          Rock'em Sock'em Robots (RMSMR) 13928 17.32 (-0.75)          Hamnet (HAMNT) 150000 19.47 (-0.76)          Hamnet (HAMNT) 150000 19.47 (-0.76)          The Chaperones (CHAPR) 150000 9.27 (-0.73)          The Chaperones (CHAPR) 150000 9.27 (-0.73)          The Simpsons Movie 2 (SIMP2) 150000 159.50 (-1.36)          Super Troopers 3 (STRO3) 39056 23.81 (+1.03)          Alpha - Neon (ALPH) 150000 0.44 (+0.21)          The Surgeon (SURGN) 4000 9.93 (+0.03)          Super Troopers 3 (STRO3) 150000 23.81 (+1.03)          The Simpsons Movie 2 (SIMP2) 1 159.50 (-1.36)          Five Nights at Freddy's 2 (5NAF2) 150000 111.77 (+3.97)          The Simpsons Movie 2 (SIMP2) 75000 159.50 (-1.36)          The SpongeBob Movie: Search for (SPBO4) 500 73.59 (-6.14)          Ella McCay (EMCAY) 56361 13.37 (+0.61)          Atropia (ATROP) 150000 2.15 (+0.08)          H Is For Hawk (HFHWK) 150000 3.29 (+0.02)          Only What We Carry (OWWC) 150000 2.00 (0.00)          Adam Wingard (AWING) 1000 55.00 (+0.17)          Audition (AUDTN) 150000 4.00 (0.00)          The Simpsons Movie 2 (SIMP2) 150000 159.50 (-1.36)          The Chaperones (CHAPR) 10000 9.27 (-0.73)          Emma Laird (ELAIR) 1001 38.82 (-0.50)          Lily Sullivan (LSULL) 1000 27.99 (-0.25)          Dog Years (DOGYS) 150000 1.63 (-0.37)          Arco (ARCO) 150000 4.85 (-0.03)          The Chaperones (CHAPR) 150000 9.27 (-0.73)          Pillion (PILON) 20000 1.86 (+0.01)          Harmonia (HARMO) 6000 4.23 (+0.01)          Audition (AUDTN) 150000 4.00 (0.00)          The SpongeBob Movie: Search for (SPBO4.OW) 100000 22.51 (-2.85)          Harmonia (HARMO) 6000 4.23 (+0.01)          Atropia (ATROP) 150000 2.15 (+0.08)          The SpongeBob Movie: Search for (SPBO4.CA) 25000 1.81 (-0.76)          The Last Resort (TLRSR) 6000 4.16 (+0.02)          Atropia (ATROP) 150000 2.15 (+0.08)          Only What We Carry (OWWC) 1 2.00 (0.00)          Audition (AUDTN) 1 4.00 (0.00)          Avatar: Fire and Ash - Opening W (AVAT3.OW) 100000 128.64 (+1.50)          The Simpsons Movie 2 (SIMP2) 150000 159.50 (-1.36)          Voyagers (VOYGR) 5000 2.59 (-0.01)          Somewhere Out There (SWOTH) 4000 3.35 (-0.01)          Stop! That! Train! (STTRN) 150000 5.40 (-0.28)          Nickels (NCKEL) 5000 2.10 (-0.01)          Melania (MLNIA) 10000 1.32 (-0.01)