HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Next issue...to free up cash is Reshorting. How many hours were spent on Saturday Afternoons and Sunday AM's squeezing out the H$.
Even in an Uberport, free reshorting saved on the ultimate commission down the road.
So out of over 1600 MovieStocks, I have profitable short positions in over 1230, for a total profit of H$336M, which if I reshorted all for free, would free up 672M, almost enough for my Supersize project. If I elimintated stocks where the profit was <90K, I still have almost 900 with a profit of 319M If I eliminated stocks with profit of <200K, I still have 607 left with a profit of about 279M, which frees up over 550M (My largest shorts have dropped over 33 points for profits of around 2.5M with probablly more to come. One of them is a franchise sequel that may not get made)
If HSX truly wanted to free up cash, let us have a shot at free reshorting from time to time. Not everyone has these numbers, but it is representative. I did not include profitable StarBonds in the list, many of which will eventually be covered, hopefully in the near future.
I had suggested a reshort button (Like the Staples EASY button?) which would be a commission free item. Good luck to that.
In my initial reaction below, I forgot that funds "delist" and charging a commission for them on the way out is ridiculous. Dec 21, 10:11
The Bucket List ...STVs ...Dead Delists ...RIPs? Dec 21, 12:17
Where was it announced that RIP Starbond delists are at current price? I thought they delisted at TAG. {nm} Dec 22, 00:06
Next issue...to free up cash is Reshorting. How many hours were spent on Saturday Afternoons and Sunday AM's squeezing out the H$. Dec 21, 12:18
They lost that Saturday trading business by getting rid of comm-free. {nm} Dec 21, 18:18
But you are using that cash to buy something else for the 3rd trade. {nm} Dec 21, 12:50
(and I sometimes forget that perspective) {nm} Dec 21, 13:10
Assuming something good is there because if most oportunities are close to (maturity + comission) then is better to keep it . Dec 21, 13:31
delist should be commission free and hsx should reduce commission % overall. this would be an incentive to trade. {nm} Dec 21, 13:11
We want you to be making choices and the resulting smarter trades. {nm} Dec 21, 13:16
You are forcing traders to be daytraders. You are tunelling everybody into doing the same thing. Dec 21, 13:45
No, you don't have to necessarily be smart or good to follow movement of stocks on a ticker. {nm} Dec 21, 18:17
Obiously I don't mean that. Dec 21, 20:00
Yes but In that point I will say it will depend in your port size rather than the 100K, the new delist "tax" will affect that. Dec 22, 06:20
I agree with that completely and am all for it. {nm} May 16, 22:50
I think they should bring back the cold cash option {nm} May 16, 22:52
I really can't see how implementing a delist commission this will result in smarter trades, Dec 21, 13:59
Example 2 ( Do nothing) seems off but you got the idea, stocks close to maturity price become less profitable. {nm} Dec 21, 14:24
Yeah, you are correct... after delist, you end up with a gain of only 0.5% (instead of 1.5% as of now). {nm} Dec 21, 14:55
I do agree on that Dec 21, 20:25
