HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
It's all a function of one's free time right? To make $187, you have to time each trade perfectly and watch every tick...
Wouldn't you rather buy (or short) something based on it's intrinsic value, get satisfaction from eventually being proven right, and then have tons of free time to go out and enjoy life? As fun as HSX can be to learn about happenings in the entertainment world and putting your own instincts to the test, isn't there a point where you'd rather go to the beach or to a great party instead of flipping imaginary shares? I would. But as I said, to each his/her own. If this were for real money though, yes, I would agree with you :)
Peter Pan Jun 19, 07:46
Kind of the norm. Sat/Sun (depending if it sells out on Sat) increases, then Mon some people exit, taking the profits. Jun 19, 07:53
Welcome to the game. Please don't post stock movements. Perhaps learning the ropes before suggestions would be helpful. {nm} Jun 19, 07:54
I still don't know why HSX has an aversion to discussing stock movements. They do it all day and night with real stocks.... Jun 19, 09:14
I agree. I imaging the concern is influencing or directing brand new players, not experienced traders. {nm} Jun 19, 09:26
Well then they could just post a warning on the sign-up screen perhaps? If it's allowed in the real world where... Jun 19, 09:32
I've said it before, just talk about the box office, not the stock price. {nm} Jun 19, 09:33
That's not true. The valuation of stock is based on box office. {nm} Jun 19, 09:41
In theory yes. In practice, especially on HSX, oftentimes not {nm} Jun 19, 09:44
Why would anyone need to talk about the stock price of something way out in development? {nm} Jun 19, 09:48
Because there is a value proposition at any and all points in a movie's lifespan. Look at yesterday's IPO for example... Jun 19, 10:04
PTRPN doesn't have a release date or production start date. {nm} Jun 19, 10:07
Even such an innocent post can be an attempt to try to reverse the trend. {nm} Jun 19, 10:09
Experienced traders are just likely if not more to follow price movements for the sake of price movement. {nm} Jun 19, 09:32
Because unlike the real world, this it the only centralized place to talk HSX. {nm} Jun 19, 09:35
Right, but that makes it even easier to control. Turn on CNBC anytime and watch Kramer or some other talking head... Jun 19, 09:42
And it's under control. I've seen the way you "whine" about stock pirce. {nm} Jun 19, 10:01
Maybe instead of insulting people when they speak up about things that many on this site don't like, like the... Jun 19, 10:12
There is a limit to the amount of shares one could buy (or sell) of a new MovieStock Jun 19, 08:13
Shush! You're not supposed to bring facts into someone's complaint about not knowing what's going on! Jun 19, 12:42
I've got opposite advice: trade, baby, trade. trade swings, that is how you make most H$ {nm} Jun 19, 08:57
Although some of us don't live on HSX :p, so hard to keep up with wild swings (in regards to these kind of IPOs). Jun 19, 09:05
I agree. The pursuit of real money, that buys real things, is a bit more fun anyway, but to each his own :) {nm} Jun 19, 09:09
So you gained $80... but if you day traded you would have made $187 (minus transaction fees). Which is more fun? {nm} Jun 19, 10:40
buying & forgetting is more fun. Im not about to turn hsx into a job SMH {nm} Jun 19, 11:29
It's all a function of one's free time right? To make $187, you have to time each trade perfectly and watch every tick... Jun 19, 11:36
and thats why i miss the friday 10am Halt with Sunday Adjust. It was really a place to put your H$ where you mouth is Jun 19, 14:16
Just like the real world stock market, right? Jun 19, 08:57
PTRPN is up 30% from IPO. {nm} Jun 19, 09:14
I sit on this type of stock like this like a hen on an egg. It'll mature and grow into a tasty treat one day. {nm} Jun 19, 10:11
Or not... {nm} Jun 19, 10:37