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Movies

But under this system we get more BWs, which is great. My personal suggestion is that the strike price be lowered, and the IPO price raised

Posted by: RogerMore on Aug 09, 13:00 in response to vadym's post Completely agree. OW is not enough. Also bring back BW...

For example, a .BW IPO today may have a strike price of $200M and an IPO price of $5 a share, so the movie has to gross $205M or more to turn a profit for traders holding it long.  Most traders just buy the BW at IPO and then forget about it, because it'll probably turn a profit and if it doesn't, only $100K is at risk. There's not a lot of active trading.

Instead, it could have a strike price of $180M and an IPO price of $25 a share. There'd be more at stake, so there'd be more incentive for traders to take risks like shorting at IPO, and more incentive to actively trade the BW based on actual box office.

The only downside I see is that a higher IPO price could price out smaller traders, who might not have $500K to invest.  BWs are traditionally a cheap way for newbies to have a stake in blockbusters they can't afford to hold on OW and grow their port through long-term gains.

Halt Time Stupidity Mealticket Aug 09, 11:32

Yes it does {nm} loslobos Aug 09, 11:34

that's what .ow is for {nm} Oleg Max Aug 09, 11:39

Time change. Time move on {nm} mike255 Aug 09, 11:48

I'm sure HSX is aware of the reduction of mystery & risk...it's common sense...yet they kept halt time like this for years...why?... tealfan Aug 09, 12:23

Noticed the same...that and the big IPOs on Saturday...guess site traffic was highest M-F during work hours... {nm} JustaGuy Aug 09, 12:36

... iirc, this was the exact reason given ... increase Saturday traffic in stocks without the distortions caused by commish-free .... BC Aug 09, 13:15

sour grapes of wrath eh {nm} JPS13 Aug 09, 12:34

Completely agree. OW is not enough. Also bring back BW to the beginning of the season {nm} vadym Aug 09, 12:36

But under this system we get more BWs, which is great. My personal suggestion is that the strike price be lowered, and the IPO price raised RogerMore Aug 09, 13:00

Remember IPO prices of H$ 10.00 for Harry Potter movies billy Aug 09, 13:16

Get over it blaze223 Aug 09, 12:47

Ask for your money back. I didn't like it at first, but now with the .ow and the stock there are even more opportunities to make fake money. {nm} ryancoke2 Aug 09, 12:49

The sites is try to make money. If u don't like don't play. {nm} mike255 Aug 09, 13:07

A summary of peoples responses to my original post earlier today...... Mealticket Aug 09, 14:25

you missed - it helps keep the site operational by having more traffic on Sat {nm} Moviesnob Aug 09, 14:27

This and the big IPOs are the only reasons I come in on saturdays... {nm} slappydavid Aug 09, 16:30

I agree with you. I liked the old version better, it was more gut wrenching on Saturdays when you realized if you played it right or wrong. {nm} BelizeIt Aug 10, 10:12

Good Lord.. THis isn't anything that new.. Been like this for a while. LET IT GO... {nm} Dorfman Aug 09, 16:49

I second the Good Lord and LET IT GO {nm} aaronl5 Aug 09, 20:04

On a very front loaded movie, you can still screw the pooch with a Saturday halt. I know, I've done it enough :( {nm} davmoo Aug 09, 20:30

I like the game as it plays now..., but .... JMT-NL Aug 10, 09:16

I loved... JMT-NL Aug 10, 09:18

You still can, just with 1% less clean money. :) {nm} DTravel Aug 10, 10:08

yup {nm} Beaker Aug 10, 13:00





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Red One (REDON) 10000 86.68 (-0.87)          Flow (FLOW) 150000 6.23 (+3.98)          The Princess Diaries 3 (PDIA3) 3 35.75 (+0.21)          James Cameron (JCAME) 25000 125.16 (+0.33)          A Minecraft Movie (MINEC) 75 156.85 (+0.40)          Flow (FLOW) 150000 6.23 (+3.98)          Flow (FLOW) 150000 6.23 (+3.98)          The Beatles (BEAT1) 10000 83.46 (+8.45)          Rainn Wilson (RAWIL) 25000 37.50 (-0.13)          Gladiator II (GLAD2) 149999 167.33 (-3.17)          Flow (FLOW) 150000 6.23 (+3.98)          Gladiator II (GLAD2) 150000 167.33 (-3.17)          Gladiator II (GLAD2) 150000 167.33 (-3.17)          The Senior (SENIR) 150000 4.70 (+1.13)          Tom Hanks (THANK) 25000 55.52 (-0.50)          The Horror Fund 9 (SPOOK) 20000 20.40 (+0.07)          In The Lost Lands (INTLL) 149999 9.20 (0.00)          Robert Zemeckis (RZEME) 25000 35.36 (-0.52)          In The Lost Lands (INTLL) 149999 9.20 (0.00)          The Beatles (BEAT1) 150000 83.46 (+8.45)          Marlon Wayans (MWAYA) 25000 25.00 (0.00)          Flow (FLOW) 150000 6.23 (+3.98)          Nightbitch (NTBTC) 149999 8.83 (-0.06)          Nightbitch (NTBTC) 149999 8.83 (-0.06)          The Beatles (BEAT1) 150000 83.46 (+8.45)          Spellbound (SPLBN) 1 0.21 (+0.02)          Moana 2 (MOAN2) 33149 282.48 (+1.21)          Ernest Cole: Lost and Found (ECLAF) 1 0.48 (+0.05)          Untitled Event Film Directed by (UEFCN) 70306 121.37 (+0.35)          The Beatles (BEAT1) 68871 83.46 (+8.45)          The Beatles (BEAT1) 150000 83.46 (+8.45)          Top Gun 3 (TOPG3) 30000 228.93 (-0.14)          Flow (FLOW) 75000 6.23 (+3.98)          The Beatles (BEAT1) 6000 83.46 (+8.45)          See You When I See You (SYWIS) 149998 4.02 (+0.56)          Kelly Reilly (KREIL) 25000 12.16 (+0.20)          Spa Weekend (SPAWK) 6000 14.54 (+1.73)          Sneaks (SNEKS) 149999 14.93 (+1.92)          The Beatles (BEAT1) 17531 83.46 (+8.45)          Jacob Batalon (JBATA) 24990 123.42 (-0.67)          Leigh Whannell (LWHAN) 1000 51.29 (-0.05)          Paper Tiger (PTIGR) 6000 20.48 (+0.29)          James Bond 26 (JB26) 150000 137.14 (+1.66)          James Bond 26 (JB26) 150000 137.14 (+1.66)          Spa Weekend (SPAWK) 20000 14.54 (+1.73)          Spa Weekend (SPAWK) 20000 14.54 (+1.73)          The Beatles (BEAT1) 20000 83.46 (+8.45)          Reminders of Him (RMNDH) 150000 19.71 (-0.05)          Peter Dinklage (PDINK) 25000 99.83 (+1.26)          Spa Weekend (SPAWK) 150000 14.54 (+1.73)