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This is a bad idea. Takes away the fun of opening weekend {nm}

Posted by: owen111 on Feb 24, 06:20 in response to Antibody's post Soliciting Feedback: What if MovieStocks no longer halt...

Soliciting Feedback: What if MovieStocks no longer halt and adjust during the opening weekend of a wide release? Antibody Feb 23, 15:44

ok... eyescovered Feb 23, 15:59

OP says that .OW's would halt like current moviestocks do. {nm} lukesed Feb 23, 16:01

I know. I never said otherwise. {nm} eyescovered Feb 23, 16:09

So the price wouldn't change with estimates. {nm} lukesed Feb 23, 16:29

yes they would, due to trading {nm} RogerMore Feb 23, 16:32

OK, gotcha, I was refferring to predictions. {nm} eyescovered Feb 23, 16:34

i no like it. i enjoy the artificial instant adjust up and the free cash from obvious shorts. {nm} adrenalin112 Feb 23, 16:16

i love this idea {nm} Smallville944 Feb 23, 23:21

You'd also get rid of the calls and puts, right? If you do, there won't be any more OW arbitrages. {nm} lukesed Feb 23, 16:00

I like it. {nm} BuenaOnda Feb 23, 16:07

Does the Cantor exhange just trade securites during the hours that the North American stock exchanges are open? {nm} Vashta Nerada Feb 23, 16:09

as far as i kno its continuously active. {nm} adrenalin112 Feb 23, 16:22

I was wondering whether that would change once Cantor goes live... I'm not a fan of 24 hour real money exchanges... it's dangerous. {nm} secretstalker Feb 23, 17:38

thats going to be a crazy late fri night! It would takeout some of the fun of risking 50K shares on the OW though... islander Feb 23, 16:15

good point about friday night mayhem. its going to be painful if you go out and enjoy your friday evening, stay out late, sleep in... adrenalin112 Feb 23, 16:20

Good point. I would probably stop playing most MovieStocks openers until at least the Friday estimates came out. eyescovered Feb 23, 16:26

Yea, you'd have to raise the 10k cap to at least 20-25k {nm} eyescovered Feb 23, 16:25

would it be possible to make this work while having at least some halt period? adrenalin112 Feb 23, 16:31

That's an interesting idea, though we would want HSX to mimic Cantor Exchange, with the idea you would migrate to real money. ;) {nm} Antibody Feb 23, 17:20

yeah ive noticed that. and ive also noticed that since cantor doesnt have a forum over there, this is also the cantor movie forum. adrenalin112 Feb 23, 17:25

Some players can't afford to play the real money game... {nm} Chefbobcat Feb 23, 17:58

Does that mean you'll give us $50,000 REAL dollars to tell us what movie we're seeing this weekend? secretstalker Feb 23, 19:57

so about the real cantor exchange mbking92 Feb 25, 19:06

it's regulated like the stock exchange... secretstalker Feb 25, 20:50

I like it. go for it. {nm} the_noble Feb 23, 16:18

For me, taking away the weekend adjust would be a big loss to the game. Even if they are complemented by a .OW derivative, RogerMore Feb 23, 16:27

can i be in your mafia rogermore? wanna be my neighbor in petville? {nm} adrenalin112 Feb 23, 16:34

*blocks adrenalin112 from newsfeed* {nm} RogerMore Feb 23, 16:36

*pokes rogermore* {nm} adrenalin112 Feb 23, 16:43

Forget Petville - come hug me in Pet Society instead *pokes Adrenalin* {nm} Facto Feb 23, 18:39

what would be the incentive for players to hold a moviestock prior to its release? {nm} islander Feb 23, 16:33

they dont want to pay the 1% commish to sell it off. dunno... {nm} adrenalin112 Feb 23, 16:35

None really, just wait for Friday ERC/BOM estimates and buy whichever way the wind is blowing. {nm} eyescovered Feb 23, 16:38

The expectation that price will rise {nm} RogerMore Feb 23, 16:41

but if small to mid range ports dont have to risk their money, they wont. and with fewer traders, less movement, right? islander Feb 23, 16:52

Depends what doubts/expectations there are. When there's hype about a movie and its price is rising, traders will put money into it {nm} RogerMore Feb 23, 17:03

It's logical, especially for wide releases. How it is introduced will be of essence. Currently i am holding "wide" moviestocks Diapason Feb 23, 16:51

my thoughts... RazorHawk Feb 23, 16:55

Well, I lost that bet with myself... secretstalker Feb 23, 17:47

All kidding aside, I do agree with RH said above. {nm} secretstalker Feb 23, 18:06

I agree with RH also. Don't mess with the best part of the game. {nm} tonyj1 Feb 23, 21:12

Excellent response, Razorhawk. I agree with everything you've written. {nm} ryancoke2 Feb 23, 17:48

100% agree... all the fun aspects that make it a game will be gone. {nm} twoshenoudas Feb 23, 17:57

I agree with RazorHawk's IM. {nm} joeoftexas Feb 23, 18:37

nice nustshell edzep Feb 23, 19:20

Well, you have to remember that the Cantor Exchange is not a game. {nm} secretstalker Feb 23, 19:52

Right, but, the point is that I have more fun playing here, than I would making money there. edzep Feb 23, 21:41

that was a good read...you've swayed my opinion as well {nm} tealfan Feb 24, 12:34

Wouldn't that take away all the play on a movie while in development? aaronl5 Feb 23, 17:06

How about a shorter freeze, and eliminating the adjust? Even the NYSE freezes a stock when significant news is pending/announced Novice Feb 23, 17:14

I much prefer 50K stocks that halt and adjust now instead of the 10K that will halt and adjust due to this change LonePirate Feb 23, 17:18

The OW halt, among other things, has always functioned as a guarantee of the fairness of the game: no one with inside Friday info... second gary Feb 23, 17:23

Thoughts bdiz Feb 23, 17:25

hmmm facto must be busy hammering out the biggest wiki page of all time right now as his response... {nm} adrenalin112 Feb 23, 17:31

who me? lol :-D {nm} Facto Feb 23, 18:17

Hmm... I'm not really a fan especially if movie stocks start behaving like CX derivatives in terms of volatility. secretstalker Feb 23, 17:37

I'm easy...variety is the spice of life...go for it tealfan Feb 23, 20:15

I think CX stocks are too violatile.. let the opening movies halt as usual on weekends.. please do not take away that as well karspov Feb 23, 20:52

Please don't do this... Chefbobcat Feb 24, 01:27

Part of HSX's research value is that it has a DIFFERENT trading mentality to Cantor... lesana Feb 24, 01:44

I'd probably stop playing entirely. But that's just me. Hooray360 Feb 24, 04:21

This is a bad idea. Takes away the fun of opening weekend owen111 Feb 24, 06:20

My opinion on HSX converting to Cantor Exchange... lobogotti Feb 24, 07:17

I don't need to write a wall of text, full of reason, when Lobogotti already did, above. I agree with the sentiments expressed here, I agree Facto Feb 25, 09:57

Sounds reasonable. Makes a lot of sense to have the price of Moviestocks driven just by traders and save the OW speculation as a derrivative {nm} dawgma02 Feb 24, 09:34

Id be open to trying out this new form as it sounds very dynamic for opening weekends, perhaps fun, perhaps annoying, we'll see. But... Shrike Feb 24, 10:29

I'm generally for anything that makes HSX mimic real markets more closely. But Scorpion [FOXX] Feb 24, 10:38

sounds ok but... Neilthor Feb 24, 18:07

if it alows you to trade 50,000 shares i'm all for it if it lets you trade 10,000 shares i'm against it {nm} Smallville944 Feb 28, 21:43

this sucks mbking92 Mar 01, 21:26

After thinking this over for a few days I have to say no to this idea. {nm} Vashta Nerada Mar 07, 22:03





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