HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Well you shouldn't write like Roto if you want people to believe you're not Roto. My reason for asking wasn't abt 1 specific person ..
I asked because it doesn't seem to me like there's any enforcement of stopping people using multiple accounts on the same day to trigger bigger movement in stocks (before domino effect/FOMO of the crowd takes over & helps it along), it seems more like a moral code that people are expected to follow but some just ignore.
Frankly at times it even seems someone tracks others who are doing well & seems to target their trades (though that'd require some sort of previledged access to the data). I've run experiments often enough - for eg sometimes doing small (mostly non price moving) trades on movies that have seen zero/near zero volumes all day & no news, nearer to midnight expiry & they get picked up for an opposite direction trade to mine at the start of the next day.
Nonsensical moves like what's happening with that 1 theatre exclusive Postcards From Earth over the last week just to pull others into losses repeatedly (because how can one win if you dont make others lose/make them your plaything?) shows whats happening.
Every day at open at 1210 the SAME (for the day) 3-5 movies in each direction just happen to have 300K volume before 1st price movement (b/w 12 - 1209am) & have another 300K added in next 2-3 min (manually putting that many orders takes that time i guess). Its been obvious to me these 4 accounts (*150k vol/movie) belong to the same person (the same 4 may not be used each day but its likely obvious who they belong to as 1 name is usually near the top of the volume charts at 1215am daily & its a name you know very well). 4 different guys don't have interconnected brains/souls that they each happen to choose the EXACT same 5-6 movies EVERY DAY for years to speculate on at midnight reset. 4 accounts is enough to move price by ~40-50c on most movies (the ones chosen are always b/w $10-30 in price at that time) then letting domino effect of other users take over, making assured gains for those 4 accounts.
Its also not too difficult for someone with admin access to see which accounts are doing this in parallel & seeing it over weeks can judge which all accounts belonging to this person are being used in conjunction so have been puzzled forever why action hasn't been taken against that person/their accounts. I suppose if this person didn't do this, traded volume might fall & the game might end up being half dead. On the other hand maybe many who stopped playing because they kept going into losses due to this daily occurance could be brought back & that keeps the game alive (& fairer). Or maybe admins are seeing different IPs (which would anyway be true if someone played off 2 computers+ 2 mobiles simultaneously) and assuming its 4 different people so its ok.
THAT's why I was curious to know what's the criteria for checking whether someone's using multiple accounts on the same day & how the curbs (if any) are getting implemented, because what I see daily post midnight tells me some one (or more than 1 coz different people could do it on different days) is successfully getting past it all. If an admin hadn't written about the rule I wouldn't have asked my Q's, the rest of your discussion/banter was not my concern.
Why, of the many ports Roto has, are "THE_ROTO" (1.6B) and RotoHockeyYTD2014 both actively being traded? {nm} Jun 24, 16:01
MovieFunds do not Move the Price. Read the HSX Rules. {nm} Jun 25, 07:35
What a kind, community centric response to what appears to be a genuine question. {nm} Jun 25, 09:14
HSX defines market manipulation as engaging in any activity which may artificially affect the market price of a security Jun 25, 07:49
Pay Attention - it's Same Day. Not the Next Day or Two (2) Weeks later. Pay Attention. {nm} Jun 25, 08:24
HSX Monitors Ports. {nm} Jun 25, 08:33
Interpretation of the rule, not the rule. "any manipulation". Read the HSX rules. {nm} Jun 25, 09:06
If you are Confused about the HSX Rules (& you do seem Confused about the HSX Rules), take it up with HSX. {nm} Jun 25, 09:11
Is this the "Ask ROTO" board? {nm} Jun 25, 09:12
Why does this constantly Bother you Up the Wazoo Ad Infinitum? Read the HSX Rules. {nm} Jun 24, 18:22
Why do you need so many accounts to succeed. {nm} Jun 25, 07:49
Why does this constantly Bother you Up the Wazoo Ad Nauseum Ad Infinitum? Read the HSX Rules. {nm} Jun 25, 08:26
Why do you need so many accounts to succeed? The rules don't say what you say they say. {nm} Jun 25, 08:27
Why does this constantly Bother you Up the Wazoo Ad Nauseum Ad Infinitum? Read the HSX Rules. {nm} Jun 25, 08:34
Why do you need so many accounts to succeed? [response ad nauseum, ad infinitum]... {nm} Jun 25, 08:36
If you have some sort of Problem, take it up with HSX. {nm} Jun 25, 08:48
See the original question at the top. Do you think that question was for you? Pay attention. {nm} Jun 25, 09:04
If you think that there has been a Violation of the HSX Rules, take it up with HSX. {nm} Jun 25, 09:09
Is this the "Ask ROTO" board? {nm} Jun 25, 09:10
If you are Confused about the HSX Rules (& you do seem Confused about the HSX Rules), take it up with HSX. {nm} Jun 25, 09:10
Is this the "Ask ROTO" board? {nm} Jun 25, 09:11
Is Mr. Multiport claiming his 2014 account does not trade every day? It does, so how could other accounts be active? {nm} Jun 26, 13:58
You can trade in two accounts as long as you're not engaging in market manipulation. {nm} Jun 26, 16:52
Courious how does HSX track which accounts belong to the same person? IP checks? Jun 30, 00:26
Just a Lucky Guess by HSX that both THE_ROTO & RotoHockeyYTD2014 belonged to the ROTO. {nm} Jun 30, 07:31
Well you shouldn't write like Roto if you want people to believe you're not Roto. My reason for asking wasn't abt 1 specific person .. Jun 30, 10:37
If you Click on the Captain Obvious Post, you can see who Captain Obvious belongs to. It's there for Everybody to see. {nm} Jun 30, 11:13
Actually, NO Jul 13, 02:46