HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Jay Kelly Netflix produces the coming-of-age dramedy Jay Kelly directed by Noah Baumbach from a screenplay he co-wrote with...
The Amateur The Amateur stars Rami Malek as a CIA cryptographer whose wife is killed in a London terrorist attack. When the CIA...
The trader watchlist let's you keep an eye on the Net Worth of your friends and fellow traders. Build yours now!
Get your friends into HSX and earn H$25,000 each!
you need to distinguish between the bond's "TAG" and its current price
Posted by: daveart on Jul 14, 15:32 in response to andre72's post StarBond Question
The bond you mention has a TAG of about 106. That is the average of his last five films (with the caveat that if a film makes over 250 million, it is capped at 250 for star bond TAG purposes). If you drop a 26 million film from the TAG and replace it with a 1 million movie, the TAG will drop; you are correct. So, when the adjust happens, the TAG will drop. However, the trading price of the bond is presently below the bond's TAG, and, in fact, it is trading below what it is projected to adjust to when the 26 million dollar movie is replaced with the 1 million movie. For this reason, Jimmy Smits bond is considered a BUY by people following the bond market.
Does this make sense ?
JEDAV Lives! (And A Starbond Quiz) RazorHawk Jul 14, 06:05
StarBond Question andre72 Jul 14, 15:18
you need to distinguish between the bond's "TAG" and its current price daveart Jul 14, 15:32
Also, in the case of JSMTS, he is actually dropping a $29M movie, as TAGs use actual box office for all the previous movies in the TAG {nm} lapuckfan Jul 14, 15:40
StarBond Question andre72 Jul 14, 17:54
Hollywood Stock Exchange is The Entertainment MarketTM where you can buy and trade movies, stars and more using Hollywood Dollars®. Sign up and we'll get you started with H$2,000,000.
Sign up now »