HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Side games can be a fun addition, but it doesn't solve the main problem
Bonds, warrants, options, derivatives etc all add some value, as do player run games that HSX can and should co-opt (seasonal top 5, #1 movies 6 months out etc), but they are all secondary. The stocks have always been the headline attraction of the site, and they are broken.
Let's be honest - it's easy to complain about the adjust change. I know I've done so quite a bit, but there is was problem. As genre fare continues to get more front loaded, it's creating even more variance between the shortest and longest legs of mainstream movies. There's just no need to multiply CAPA3 by 2.7, when even great reviews can't keep it from earning almost 50% of its revenue in the first 3 1/2 days, just as there's no need to multiply any holiday release by 2.7, when most are going to make at least 4 times opening weekend. There's unfortunately something of a catch-22 in trying to find a solution.
One way to solve the Super's/Hunger Games/Potter style frontloading would be to keep Thursday preview numbers in the "prev+" part of the adjust equation and out of the multiplier. They still will be frontloaded, but well within reason. However, this exacerbates the holiday season issue.
Another solution is the one currently in place. While it doesn't artificially move genre fare up, or holiday fare down, it does minimize the most fun thing about box office - opening weekend. With no halt, the stocks are no longer really about prediction, but rather reaction, first to players, then to numbers. The thing that makes headlines in entertainment news, and is the most fun to argue about is now reduced to something to react to.
Genre and season specific multipliers, in a perfect world, would be an ideal solution. Realistically? Almost impossible to administer, and a high learning curve for users, which is never a good thing, as Moviesnob has astutely pointed out.
Would a combo of removing Thursday previews from the multiplier, while having a special seasonal multiplier for only the last 3 weeks of December both solve the issue and be simple enough to manage? Maybe?
Is the solution to shift a bit of focus to the OWs? I still consider them something of a side-thing, like calls and puts, buried at the bottom of the port. Would upping the stakes (250k shares?) help? IPOing not 2 weeks out, but 3+ months out? Adding a new section of the site for them apart from the calls/puts/warrant/tv etc? I'm really just throwing stuff out there as I can't say any of this would solve the issue.
Suggestions for new Contests and Games Dec 28, 06:34
also, this gives other traders the opportunity to be recognized on a regular... the way people are recognized on Kaigee Dec 28, 06:41
people are leaving and many left are frustrated, so maybe a suit from cantor could get in here and at least tell us whats up Dec 28, 06:49
there's no doubt. it's very apparent. I hope for the same. {nm} Dec 28, 06:59
It's the holidays. Don't expect anything real soon {nm} Dec 28, 08:16
Players have become dependent on the adjust as a measuring stick for success. {nm} Dec 28, 08:55
They would have been even more underpriced if they had adjusted under the old rules. {nm} Dec 28, 09:05
Haha... You're a card. Direct question: what is your feeling about these postings with suggestions for the site ? {nm} Dec 28, 09:11
Good suggestions, some better than others. We know the site and demographics are aging. We need to attract more players. {nm} Dec 28, 09:22
I think you can by adopting some games/contests. make it a tad more social and give reason for people to conversate. Dec 28, 10:53
Nedding more players is not your problem... Dec 28, 11:16
An official app for Android and iPhone could pull players from the mobile app markets. {nm} Dec 28, 11:21
Speaking nothing of the logistics of creating such an app, this would absolutely attract new players. Dec 28, 11:29
What's the business model though? Unless you' {nm} Dec 28, 11:56
Yep, no market would ever target a pool of people with a vested interest in movies, television shows, and actors... ;-) {nm} Dec 28, 16:39
How much advertising does HSX attract now? {nm} Dec 28, 20:46
or maybe keeping the current players & bringing the thousands of inactive ones back somehow {nm} Dec 28, 11:31
Lobo=MVP :) {nm} Dec 28, 07:41
You probably need to stick to the predictive market aspect of the game, rather than build games along side it Dec 28, 11:58
hmm, i wonder why its skewing their data then. {nm} Dec 28, 12:54
yeah, that makes sense. but if the delist is really causing people to leave, then whats the common ground? Dec 28, 13:46
I don't think there are any easy answers here - otherwise we'd already have a solution. {nm} Dec 28, 20:45
you could build a contest prediciting the 4 week multiplier from OW as well. {nm} Dec 28, 13:40
maybe HSX crafts a survey with many options and allows users to vote on one, some or all options. {nm} Dec 28, 14:05
maybe, but i have yet to see an idea presented that, in my opinion, gives HSX the data they needs using the market HSX built. Dec 28, 14:58
Perhaps this has been discussed before, but how did the adjust compromise HSX's ability to generate pre-OW data? {nm} Dec 28, 19:08
Then stocks should be OW only priced...and derivatives should handle projected 4 week BO Dec 29, 14:20
Side games can be a fun addition, but it doesn't solve the main problem Dec 28, 12:50
Upping the stakes for the OW 's sounds ok to me. Maybe topping the normal stocks at the same time Dec 29, 01:27
One idea I've been thinking of is essentially flipping the moviestocks and the OWs. Dec 29, 08:28
thank you for the word you've put into these - thursday midnights contest sounds particularly interesting {nm} Dec 28, 13:24
