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CelebStock and StarBonds

How StarBonds work...

Posted by: Chimpmuck (a.k.a psisson) on Dec 04, 15:57 in response to PlayItAgainSam's post Some noob questions, using Anna Kendrick (AKEND) as an...

Determining the Estimated Adjust Price (EAP) of a StarBond:

1). Find all movies to which the starbond is attached.

2). Order the attached movies by release date.

3). Determine the next movie(s) to be added to the TAG based on the movie delist date(s).
  a). Wide releases delist after 4 weeks in release. Limited releases delist after 12 weeks in release.
  b). If two or more movies delist on the same day (the next delist date), all of them will be added to the TAG; otherwise the next movie to delist will be added to the TAG.

4). Determine the movies to be dropped from the TAG based on the release date of each movie in the TAG.
  a). Determine the movie with the earliest release date.
  b). If, on the earliest release date, two or more movies share the same release date, movie(s) with the lowest gross will be removed first.

5). Add the new movie(s) to the TAG, and remove movies in excess of 5 from the TAG based on the calculations in step 4.

6). Calculate the gross of each movie in the new TAG.
  a). For movies not yet delisted, use the current or projected price of the stock in place of the gross. Multiply the price by 1 million.
  b). The maximum allowable gross for each movie is 250 million.

7). Divide the total gross of movies in the TAG by a divisor determined by the number of movies in the TAG.
  a). If 5 movies in TAG: divisor = 5
  b). If 4 movies in TAG: divisor = 4
  c). If 3 movies in TAG: divisor = 3
  d). If 2 movies in TAG: divisor = 3
  e). StarBonds do not adjust in price for the first film in TAG, or for films which do not report box office to ERC.

The result is the Estimated Adjust Price.

Some noob questions, using Anna Kendrick (AKEND) as an example. PlayItAgainSam Dec 03, 08:23

AKEND has been very busy with 3 adjusts in the last month and 5 in the last six months. DTravel Dec 03, 09:30

Star Bonds adjust when the movie they are attached to delists. As Dtravel said - read the FAQs, GLossary and Help Topics (bottom of page) {nm} JDolphin Dec 03, 11:15

For all the in and outs and everything else about Star BOnd Adjusts and calculating them read these 3 blog posts from RogerMore JDolphin Dec 03, 11:30

As much as I am a proponent of StarBonds, and am about to end my 21st iteration of the fund, I suggest you build up to at least 20M before Buy BONDS 26 Dec 03, 11:41

Can you check my math? I thought I understood the calculation but it's not adding up. PlayItAgainSam Dec 03, 13:34

There is a 250 cap on box offfice gross used. One of the blog posts I mentioned above has alot of the exceptions discussed {nm} JDolphin Dec 03, 14:43

IMPORTANT INFO for PlayItAgainSam. This is how you get to 20 MILL as FAST as Possible. <INSIDE>. RotoHockey2013MainPort Dec 03, 21:21

This was super helpful! Thank you!!! {nm} PlayItAgainSam Dec 04, 10:28

His #8 GUARANTEED RISK-FREE only works if you can keep up with the current news. KaiGee Dec 04, 21:26

Try to Keep up. #8 Refers to Limited Releases which will Delist CashOut Tomorrow. Final Box Office is KNOWN. {nm} RotoHockey2013MainPort Dec 04, 21:38

You forgot #27. Biggest troll. {nm} KaiGee Dec 04, 21:27

Your Jealousy is quite Understandable. {nm} Captain Obvious Dec 04, 21:39

It doesn't say that anywhere. How am I or any new player supposed to assume that? {nm} KaiGee Dec 04, 21:48

Try to Keep up. It Says it Right in #8 that they Delist CashOut MONDAY (Tomorrow). Final Box Office is KNOWN. {nm} Captain Obvious Dec 04, 21:53

Anybody who does their Own Calculations will find that they MATCH the Calculations in #8 EXACTLY. {nm} Captain Obvious Dec 04, 21:55

If you had been Paying Attention, you would have Spotted 'Do this EVERY Week. It's GUARANTEED RISK-FREE'. {nm} Captain Obvious Dec 04, 21:57

It reads to me like, acquire MST on Monday that will delist at 0. I'm not new, and I misinterpreted it. Captain Obvious Dec 04, 22:10

Please Stop Cyber-Stalking the ROTO which is what you have been doing ALL Night on Multiple Forums. {nm} RotoHockey2013MainPort Dec 04, 22:22

How StarBonds work... Chimpmuck Dec 04, 15:57





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