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Some thoughts

Posted by: DTravel on Dec 20, 13:58 in response to Antibody's post Announcement: More Upcoming Game Play Changes

Welcome to HSX, where only day-traders are welcome and constant churn is the rule!  Long term investors need not apply.

Commission on delists hurts the "penny stocks" the most, especially combined with the minimum $0.02 commission.  If HSX/Cantor doesn't want people playing the low-value stocks (low budget movies, imports and independents) then don't offer them on the exchange!

30 Day Account Inactivity Penalty: 30 days is too soon.  Once again, if the purpose of the game is to generate usable predictions then as broad a sample base as possible is needed.  Which means making the game appealing to the casual player.  This very definitely does not.

Overall I'm getting more and more discouraged.  HSX/Cantor is obviously trying to close the door on new players.

Announcement: More Upcoming Game Play Changes Antibody Dec 20, 11:47

what do you mean by fund managers will be paid based on their good performance? {nm} ndmaster Dec 20, 11:54

By H$. {nm} Antibody Dec 20, 11:59

cool (except for the commission on delist, oh well :) islander Dec 20, 11:59

LOVE the public beheadings of Manipulators...its all cool except for the 1% commission on Security delists! {nm} GLAMMGUY Dec 20, 11:59

does this mean a real life profile pic will be required? LOL {nm} ndmaster Dec 20, 12:21

Full view and profile for offenders {nm} StarBondFund BUY NOW.. Jets 10-4 Dec 20, 12:22

Initilal reactions StarBondFund BUY NOW.. Jets 10-4 Dec 20, 13:00

Hate the concept of the 1% on delists JoeMetz Dec 20, 13:18

Some thoughts DTravel Dec 20, 13:58

Maybe they're just trying to close the doors, period. {nm} liioulu Dec 20, 17:24

The power button is right there. *points* {nm} DTravel Dec 20, 17:27

My feedback on the upcoming changes mcmlxixhm Dec 20, 14:51

That's a serious non-play penalty! About 43% annualized. An H$4B port ingnored for 2.5 years would be worth less than H$1B. edzep Dec 20, 15:13

Is the "No Trading" penalty cumulative? Or is it 1-time only? DTravel Dec 20, 17:26

"If you have not traded in the past 30 days" - that's cumulative, baby! {nm} edzep Dec 20, 18:47

why not pay us to trade? let's say after 100 trades in a month, we get $H for every trade we do until the end of the month? peglegpete Dec 20, 17:11

something like 1/2 of 1% or $5000 $H, [ceiling cap] whichever is least, and you round it down to avoid the 1 share trades peglegpete Dec 20, 17:21

It should be more than 100 trades a month JohnTEQP Dec 20, 22:41

Don't agree with 1% commish on delist. If you hold a security long that you think will delist higher than adjust eyescovered Dec 20, 18:23

Love the idea of new class of Movie Funds that behave like mutual funds. Other thoughts inside. Oleg Max Dec 20, 18:57

I would start new traders at H$1 million and then go up by $250K increments JohnTEQP Dec 20, 21:52

...that's a good idea ... {nm} jane_citizen Dec 21, 15:16

Any delist commission is BS, but the other changes seem mostly reasonable... except they fail to put the halt time back where it belongs {nm} Chefbobcat Dec 20, 21:30

How about a mentoring program for newbies JohnTEQP Dec 20, 22:37

That is what the Players Board, and to some extent the Leagues, are for. {nm} RogerMore Dec 21, 08:21

How are you going to charge a 1% commission on penny stocks which are no longer worth dumping due to the .02 commission being charged? {nm} secretstalker Dec 21, 05:49

agree {nm} Guillo Dec 21, 07:33

Yeah there goes any stock that are about .05 or less {nm} MuskMan Dec 21, 08:34

I'd say 0.50 or less - which means the $2 IPOs won't be worth playing anymore because 90% of them drop to that almost immediately {nm} DTravel Dec 22, 00:15

I guess they're only interested in prices being accurate up until the box office of movie x is already known jane_citizen Dec 21, 15:14

adding commissions wont encourage trading and increase liquidity especially in issues with a low spread between market price and box office. {nm} flapjack007 Dec 21, 05:54

so many fines, where on earth are the rewards for active traders ??? naughty Dec 21, 07:03

We already have traders abusing the volatility of the system... why reward them further? {nm} secretstalker Dec 21, 09:12

will 5% be taken off every 30 days, or just after the first 30 days and then the player can coast indefinitely? {nm} kurgan Dec 21, 07:40

my two pennies Panachevitz Dec 21, 08:44

I hope they're not going to charge commission on halted derivatives (calls/puts/OW)... that would blow, too. {nm} secretstalker Dec 21, 09:14

FYI - what you are describing is more akin to a hedge fund than a mutual fund. Especially the managers participation in profits. {nm} Phatcat Dec 21, 09:29

How does hsx track market manipulation? shinglerred Dec 21, 10:07

WIll there be commission charged on the delist of Calls, Puts, and OW derivatives? {nm} fourstars Dec 21, 10:35

Will there be commission charged on the delist of Dead Movie Stocks, Deceased Starbonds, and Inactive Starbonds? {nm} fourstars Dec 21, 10:40

Commissions on delists Intheway Dec 21, 12:45

You have lost me ... figuratively and literally. {nm} kibitzer Dec 21, 17:42

You have lost me ... figuratively and literally. {nm} kibitzer Dec 21, 17:42

Dunno about you, but, they're certainly not going to make it easy on newbies to learn all the little gotchas. {nm} edzep Dec 21, 18:29





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