HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
my thoughts...
I personally like the game the way that it is. The change you are proposing would damage the "fun" of the game in ways that I have not seen mentioned yet. HSX made this BETA version because they wanted the game to be more social but now you are proposing to eliminate two of the biggest social events: The weekend halt and weekend adjust.
Gut checks would no longer exist. There would be no telling who knows what they are talking about (box office related) since there would be no adjusts (punishment for guessing wrong/reward for guessing right). EAP GOD would be obsolete. Calls/Puts would be gone. Players would not huddle at HSX on Sunday mornings waiting for adjusts. Weekends would just be a non event here.
Commission free weekends were eliminated because of the votility that it had on the stock prices and that there were so many random movements that did not make sense. Now each and every post (whether reliable or not) will cause volitle movement with the stocks. Someone in New York posts about sold screenings and prices go up and an hour later someone in Los Angeles posts that the theaters are dead and the prices go down. BOM will post a certain number that will affect the price, then Finke will post a different number that will affect the price ...its like all the craziness of comission free weekends ...with the comission!
Opening stocks will be subject to manipulative posts when there is no HSX present for the entire weekend. Trolls, spammers and manipulation will run rampid.
Honestly, there is no reason to change the present version of HSX unless 1) Something is broken/An issue needs to be addressed or 2) It will make the game better. HSX has not indicated that this would fix something that is broken and I see in no way shape or form how this change would improve the game.
I joined HSX because I enjoy movies, talking about movies and talking about movies with people who know about movies. The gameplay of HSX puts us into competition and makes it fun.
I do not know what HSX is or is trying to be nowadays. First it was a game. Then it got painted orange, took away most of the gameplay and focused on being a social network. Then it started a premature Beta version promising better gameplay (which it has done). Now that a totally unrelated real money stock trading platform is being launched, HSX has first become its research tool. Now you are proposing that we start changing the entire site of HSX to basically become a free version of the Cantor Exchange?
I have not signed up for the Cantor Exchange because it is not appealing to me as a game. Taking away the HSX gameplay that I have enjoyed for 10 years is not going to send me to the Cantor Exchange (my wallet will not allow it).
If a change like this were to occur to HSX, I would most likely eventually frequent the HSX boards a little less (because they would be filled with complaints about the stocks being so volatile on the weekends, manipulative posts, and no HSX staff to moderate). I would probably grow tired of the situations and cash out on friday mornings and not play wide openers. Most likely would just focus on starbonds.
Soliciting Feedback: What if MovieStocks no longer halt and adjust during the opening weekend of a wide release? Feb 23, 15:44
ok... Feb 23, 15:59
OP says that .OW's would halt like current moviestocks do. {nm} Feb 23, 16:01
I know. I never said otherwise. {nm} Feb 23, 16:09
So the price wouldn't change with estimates. {nm} Feb 23, 16:29
yes they would, due to trading {nm} Feb 23, 16:32
OK, gotcha, I was refferring to predictions. {nm} Feb 23, 16:34
i no like it. i enjoy the artificial instant adjust up and the free cash from obvious shorts. {nm} Feb 23, 16:16
i love this idea {nm} Feb 23, 23:21
You'd also get rid of the calls and puts, right? If you do, there won't be any more OW arbitrages. {nm} Feb 23, 16:00
I like it. {nm} Feb 23, 16:07
Does the Cantor exhange just trade securites during the hours that the North American stock exchanges are open? {nm} Feb 23, 16:09
as far as i kno its continuously active. {nm} Feb 23, 16:22
thats going to be a crazy late fri night! It would takeout some of the fun of risking 50K shares on the OW though... Feb 23, 16:15
Good point. I would probably stop playing most MovieStocks openers until at least the Friday estimates came out. Feb 23, 16:26
Yea, you'd have to raise the 10k cap to at least 20-25k {nm} Feb 23, 16:25
would it be possible to make this work while having at least some halt period? Feb 23, 16:31
Some players can't afford to play the real money game... {nm} Feb 23, 17:58
Does that mean you'll give us $50,000 REAL dollars to tell us what movie we're seeing this weekend? Feb 23, 19:57
so about the real cantor exchange Feb 25, 19:06
it's regulated like the stock exchange... Feb 25, 20:50
I like it. go for it. {nm} Feb 23, 16:18
For me, taking away the weekend adjust would be a big loss to the game. Even if they are complemented by a .OW derivative, Feb 23, 16:27
can i be in your mafia rogermore? wanna be my neighbor in petville? {nm} Feb 23, 16:34
*blocks adrenalin112 from newsfeed* {nm} Feb 23, 16:36
*pokes rogermore* {nm} Feb 23, 16:43
Forget Petville - come hug me in Pet Society instead *pokes Adrenalin* {nm} Feb 23, 18:39
what would be the incentive for players to hold a moviestock prior to its release? {nm} Feb 23, 16:33
they dont want to pay the 1% commish to sell it off. dunno... {nm} Feb 23, 16:35
None really, just wait for Friday ERC/BOM estimates and buy whichever way the wind is blowing. {nm} Feb 23, 16:38
The expectation that price will rise {nm} Feb 23, 16:41
but if small to mid range ports dont have to risk their money, they wont. and with fewer traders, less movement, right? Feb 23, 16:52
It's logical, especially for wide releases. How it is introduced will be of essence. Currently i am holding "wide" moviestocks Feb 23, 16:51
my thoughts... Feb 23, 16:55
Well, I lost that bet with myself... Feb 23, 17:47
All kidding aside, I do agree with RH said above. {nm} Feb 23, 18:06
I agree with RH also. Don't mess with the best part of the game. {nm} Feb 23, 21:12
Excellent response, Razorhawk. I agree with everything you've written. {nm} Feb 23, 17:48
100% agree... all the fun aspects that make it a game will be gone. {nm} Feb 23, 17:57
I agree with RazorHawk's IM. {nm} Feb 23, 18:37
nice nustshell Feb 23, 19:20
Well, you have to remember that the Cantor Exchange is not a game. {nm} Feb 23, 19:52
Right, but, the point is that I have more fun playing here, than I would making money there. Feb 23, 21:41
that was a good read...you've swayed my opinion as well {nm} Feb 24, 12:34
Wouldn't that take away all the play on a movie while in development? Feb 23, 17:06
I much prefer 50K stocks that halt and adjust now instead of the 10K that will halt and adjust due to this change Feb 23, 17:18
Thoughts Feb 23, 17:25
hmmm facto must be busy hammering out the biggest wiki page of all time right now as his response... {nm} Feb 23, 17:31
who me? lol :-D {nm} Feb 23, 18:17
Hmm... I'm not really a fan especially if movie stocks start behaving like CX derivatives in terms of volatility. Feb 23, 17:37
I'm easy...variety is the spice of life...go for it Feb 23, 20:15
I think CX stocks are too violatile.. let the opening movies halt as usual on weekends.. please do not take away that as well Feb 23, 20:52
Please don't do this... Feb 24, 01:27
Part of HSX's research value is that it has a DIFFERENT trading mentality to Cantor... Feb 24, 01:44
I'd probably stop playing entirely. But that's just me. Feb 24, 04:21
This is a bad idea. Takes away the fun of opening weekend {nm} Feb 24, 06:20
My opinion on HSX converting to Cantor Exchange... Feb 24, 07:17
I'm generally for anything that makes HSX mimic real markets more closely. But Feb 24, 10:38
sounds ok but... Feb 24, 18:07
if it alows you to trade 50,000 shares i'm all for it if it lets you trade 10,000 shares i'm against it {nm} Feb 28, 21:43
this sucks Mar 01, 21:26
After thinking this over for a few days I have to say no to this idea. {nm} Mar 07, 22:03