HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
So a few greedy billionaires complain about nor profiting from multiple stock flips and the solution is to punish 1000s of small ports?
Small time ports - at least the 80% of players my size and smaller - loved the commission free weekends in order to readjust our portfolios after the zaniness during the week. The savings may seem small to those with 10 or 11 figure ports; but for those of us with 7 and 8 figure ports, that's a healthy loss if you consider the 1% lost to covering some shorted gains, another 1% to reshort and reinvest those gains. It's an effective way to shrink portolios without a doubt or to inhibit honest players from enjoying the game.
Also, I don't think this will solve anything. Instead of constantly flipping stocks, the offenders will either run up or drive down stocks or they will switch to cheaper stocks where the % change with each tick is large enough to cover the commission loss.
I don't see how this change solves or fixes anything.
HSX Announces the End of the Commission-Free Period Sep 22, 11:45
I made my plays on Sat. and it will hurt my port on shorts I picked up, had I known I may have played differant {nm} Sep 22, 18:03
'bout time. {nm} Sep 22, 12:42
well said. build a better mouse trap and they will build a better mouse. {nm} Sep 22, 13:55
I think we can live without free trades. Sep 22, 14:00
Way back when I first started playing this game, I had multiple ports and TPTB caught me trying to game the system. Sep 22, 14:10
So a few greedy billionaires complain about nor profiting from multiple stock flips and the solution is to punish 1000s of small ports? Sep 22, 16:48
The end of commission free along with the launch of CX Derivatives in the planning for weeks. {nm} Sep 22, 18:07
So what kept HSX from letting us know BEFORE hand? CX derivitaves news release was piss poor, plain and simple. Sep 22, 18:21
LOL......completely agree. {nm} Sep 22, 19:37
Commish Free Still For Bonds? Sep 22, 19:37
Because TPTB did not decide to launch until this week. {nm} Sep 22, 19:40
Then shame on them. Weeks of adv. planning mean nothing if those affected by the change are given 0 time to react {nm} Sep 23, 08:57
THIS NEWS TOALLY SUCKS! {nm} Sep 22, 20:55