HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
And derivatives just don't have the sort of play that stocks do. There were multiple levels of play on stocks when there was halt/adjust
You can play in the weeks leading up to the movie's release based on whether you think it's under or overpriced, then you can make a Friday decision whether to hold it long or short (basically 50% chance of making money) and then after it adjusts on Sunday, you can decide whether the 2.7 mult is high or low depending on genre, historic information, etc.... again, based on personal and shared research. When the halt moved to Saturday, the only play was... "Oh, yeah that stock is way under or overpriced based on #s coming in so I'll reverse and then I'll just sit on it to Sunday before making another move." The adjusts ended up being smaller on Sunday because the stocks were active for 36 or so hours more than before.
Fact is that HSX screwed up by pushing the adjusts back so much that it was no longer a challenge and was just about daytrading... and that's probably why the data is no longer accurate because so much more trading is being done based on whether a stock goes up/down at reset rather than it being over/underpriced to traders.
Ruined Mar 07, 06:33
AGREED!!! Mar 07, 06:36
Agreed. Mar 07, 07:08
If you all are going to continue... Mar 07, 07:23
+1 {nm} Mar 07, 07:32
People here complaining are people still here {nm} Mar 07, 07:35
Spot on BSmurf. You have summed up the situation so accurately. I agree totally. {nm} Mar 07, 08:04
Well said. Mar 07, 08:41
I think it was work before, but it was work that players wanted to do. Research movies, make predictions etc. Mar 07, 08:54
The other easy money I'm talking about is the post-adjust short. {nm} Mar 07, 09:37
I think they want it to be the kind of game that provides data that they can sell. Adjusts were preventing that Mar 07, 09:22
Then they should get rid of stocks altogether and IPO OW derivatives as soon as a project is announced. Mar 07, 09:51
Good points Roger, but the bottom line is that HSX is trying to attract as many users as possible. So it doesn't really... Mar 07, 12:42
WOLV3.OW and .CA paid off 28+. p[retty good quick buck for your gambling fix. {nm} Mar 07, 09:35
WOLV3.OW halted at $79 which means that the OW was underpriced from its IPO. {nm} Mar 07, 09:43
Thanks, Captain Hindsight. {nm} Mar 07, 09:45
Well, that isn't the "quick buck" that you're claiming. It meant holding onto it for three weeks. Mar 07, 09:54
2 1/2 weeks is quick compare to MovieStockss been trading or months/yeaars. {nm} Mar 07, 10:01
*that's been trading for months/years. {nm} Mar 07, 10:02
And derivatives just don't have the sort of play that stocks do. There were multiple levels of play on stocks when there was halt/adjust Mar 07, 09:48
agreed {nm} Mar 07, 07:43
Simple Don't play the game. {nm} Mar 07, 09:30
I've only been playing a little over a year, and I agree the game is less fun and less challenging without the halt. {nm} Mar 07, 10:16
Completely agree. {nm} Mar 07, 11:27