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TheWrap: HSX to Live On, Cantor Insider Says

Posted by: Sandston on Aug 15, 22:18

According to an official close to parent company Cantor Fitzgerald, the Wall Street firm is currently in talks with about a dozen companies, most of which specialize in online gaming, to enter into partnership on HSX and develop it into a more robust, viable (i.e. moneymaking) operation.

Last month, Cantor Fitzgerald, which has owned the online play movie-futures market since 2001, confirmed to TheWrap that it had conducted a major down-sizingĀ of the not-so-outsized-to-begin-with staff, reducing its employee roster from five to one.

http://www.thewrap.com/movies/article/hsx-live-cantor-insider-says-20123

TheWrap: HSX to Live On, Cantor Insider Says Sandston Aug 15, 22:18

*fingers crossed* {nm} tealfan Aug 15, 22:39

and toes {nm} Moviesnob Aug 15, 23:47

That's cool. New owners on the horizon maybe...I have always enjoyed this site. =) {nm} Catzan Aug 16, 00:15

hmmm.i maybe read a different article from you? sounds terrible to me. "makes no money" and "turn into more robust...operation" imho means islander Aug 16, 00:21

from my experience of these things, any buyer looking at taking HSX on... Somerset Aug 16, 01:14

if the site makes no money, then it is not a "format that works", and I know how we all say how we would be willing to pay to play, my gut islander Aug 16, 06:04

I could probably give a darn good change at making money without changing current game play much, if at all. Scorpion [FOXX Fund] Aug 16, 07:35

Change = Chance {nm} Scorpion [FOXX Fund] Aug 16, 07:36

In fact, I already made a flowchart on it....now, where's that patent application again....... {nm} Scorpion [FOXX Fund] Aug 16, 08:13

'Alec Baldwin's Hollywood Stock Exchange" -- I'd never heard that tidbit before. {nm} edzep Aug 16, 04:35

I better buy ABALD for when he jacks his own bond price up to $300... {nm} secretstalker Aug 16, 05:57

but he leaves you a voicemail calling you a thoughtless little pig if you short his stock ;) {nm} islander Aug 16, 06:06

The best news of this month! {nm} Peterlee Aug 16, 06:01

~Gettin' jiggy wit it~ {nm} Facto Aug 16, 06:12

Was the emploee roster really ever reduced from 5 to 1? {nm} Shrike Aug 16, 07:35

Nothing new here. Happened right around July 1st - so about 7 weeks ago. Why do you question this piece of information.. ? Facto Aug 16, 08:14

So Dmac is the only guy working for HSX then? I thought id seen a few other posts by staff since then which is why i question. {nm} Shrike Aug 16, 12:19

Can't say that I have seen such posts... {nm} Facto Aug 17, 06:48

Right. Intheway Aug 16, 09:09

Last time I tracked HSX accuracy [somewhere around 2007/2008] the market's average adjust was H$0.56 over the course of a year Scorpion [FOXX Fund] Aug 16, 09:17

I have a suspicion.. Facto Aug 16, 09:29

The point is that the market, as a whole, is a pretty good indicator. Scorpion [FOXX Fund] Aug 16, 09:41

Whatever the motivator, it isn't creating an accurate predictor... Intheway Aug 16, 15:53





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