HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Added to tomorrow's IPO;s is LILTN with BWHIS attached...opened 9/26 and reported a little box office.....
For those who are confused about how CelebStocks/StarBonds work, this is a good counter-intuitive case.
While LILTN will probably delist south of the 1.00 IPO price, this is how the adjust would look....
BWHIS is losing BRSTR (4.44) and replacing it with LILTN...call it 1.00 That is a loss of total box office of 3.44. Since there are 5 movies in the TAG, dividing 3.44 by 5 , there is a loss of .69 from the current TAG of 56.36, so the EAP will be 55.67 HOWVER, the CelebStock is currently priced about 7 points below the current TAG so while a very limited box office movie is coming into the TAG, the arrow will be pointing up.
The dROI will not be great, so the small portfolios may want to wait for a while, but I am posting this as an example for the newet players that adding a small film does not always mean to short the BOND, just as adding a big box office movie does not always mean to long the BOND. Each one needs to be calculated as to what the Expected Adjust Price (EAP) will be in relation to the current price of the StarBond/CelebStock.
Questions?
Added to tomorrow's IPO;s is LILTN with BWHIS attached...opened 9/26 and reported a little box office..... Sep 29, 18:18
Sort of, he's adjusting for ZEROT first. Same result, however. After that, double adjust. {nm} Sep 29, 20:02
