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Isn't this what markets do?

Posted by: pabruce (a.k.a del_UGD_pabruce) on Sep 22, 09:03 in response to RazorHawk's post I think it is an extremely bad idea...

RazorHawk, first, I am a longtime fan, currently number 34 rank in your HSX School League and have played off and on since the 1999's when we still had the Music Stock exchanges, so I hear you, and consider all your points valid. But just to take our heads out of these inner issues, back up and look at markets in general. The stock market has open and close (halts) and some traders bet that the previous day's rally will continue or fall. Look at the manipulation in the silver markets, where the price of physical rises, then big banks drop big paper only shorts on it the next morning, and take all the gains away (unless you believe some investor out there actually dumps fifty billion at a loss on the market) before the traders drive it back up again. My point is, players and investors are more savvy than when this game began. I used to (back when my initial HSX$ 2M took a hit and I needed budget plays, go sort stocks by price, and make tiny trades in the penny stocks, or try to guess the cycles on Oprah's stock which would fluctuate wildly throughout the day, or buy and sell The Hobbit at $2 a share (when the heirs still hadn't agreed to release it) and educated myself on these mini-market manipulators back then. So it goes to zero at midnight. You hold 30K shares in a stick and want it to bump, so buy 10K more. It shows early as a .03% rise and fir a moment you smile, only to come back later and find a dollar drop. The cumulative effect if smart, dumb, educated, novice, manipulators, straight purists, all interacting and being corrected eventually by actual box office numbers IS the game. Improving accuracy? It seems to be accurate in the end. Predictive? Yes, of human nature. And if you want to game the manipulators, play at 1 a.m. and make money off their ploys. My two cents worth. Best wishes! ~ pabruce

Game change proposal: time to end the halt and adjust? Antibody Sep 21, 13:07

i personally like the way game is now. best of both worlds: Oleg Max Sep 21, 13:16

If the prices are way off on Sat and Sun, then that would create more traffic for those to take advantage of the price difference. {nm} Antibody Sep 21, 13:40

I assume the traffic today for Saturday is quite a lot higher than it was, comparatively, before this late-halt, right? (NM) frosa Sep 21, 13:59

I tend to doubt it. If prices are way off you get that action on Saturday before the halt and then again Sunday after halt. In your pmb Sep 21, 14:09

+1 {nm} TwoMisfits Sep 21, 16:57

I fully support ending the halt and adjust. The box office landscape has changed in the last 6 years and all of your points are valid. RollingThunder Sep 21, 13:23

I'm for ending halt and adjust on the stocks. we have the derivatives that halt and adjust anyway..... PARAX (NOLEAFCLOVR) Sep 21, 13:32

Personally, I prefer halts and adjusts... Flash Sep 21, 13:36

You make some good points there. But wouldn't we have constantly changing multipliers based on history... PARAX (NOLEAFCLOVR) Sep 21, 14:49

to expand more, i remember the multipliers at 3 the 2.8 them 2.7. Are you saying to just change the multiplier... PARAX (NOLEAFCLOVR) Sep 21, 14:58

Well...HSX could adjust it as needed...it's a hard choice to make, but I'm probably biased. Flash Sep 21, 16:38

I'd also prefer going back to Friday halts...more fun in the game. {nm} Flash Sep 21, 16:42

I agree with you on both accounts. I think the community will have to find a middle ground on maintaining the PARAX (NOLEAFCLOVR) Sep 21, 18:27

I wouldn't view it as an improvement of the game. I don't think it improves it as a predictive device since your just eliminating the pmb Sep 21, 13:36

I think it is an extremely bad idea... RazorHawk Sep 21, 14:56

Agree 100%! {nm} Chimpmuck Sep 21, 15:13

I have to say i 100% agree as well. I want hsx to be more accurate, thats why if antibody says removing adjusts PARAX (NOLEAFCLOVR) Sep 21, 15:38

Great Points Razor - I think make changes for predictive value you need to do something about day trading too. But then I think you'll have JDolphin Sep 21, 15:38

Before going that drastic, maybe lower the adjust multiplier and try no adjust for Christmas movies. {nm} JDolphin Sep 21, 15:39

Oopa this was supposed to be under the main thread. But a big question is - Do you want more accurate predictions or more site views? {nm} JDolphin Sep 21, 16:10

I think this is clearly the big question. And, happy or not about it, it is something that HSX has to decide. I don't think us traders can.. Willroast Sep 24, 21:15

You make some great points Razor {nm} Dorfman Sep 21, 18:11

Negative ports and reset trading are short-term blips that don't really affect the long-term pricing of the MovieStocks. {nm} Antibody Sep 21, 15:45

Yes, but if they are annoying and don't serve the goals of the site why not get rid of them? {nm} the_treachery_of_images Sep 21, 17:05

We can't nor want to control how players trade their investments. {nm} Antibody Sep 22, 10:52

But if you're trying to improve predictive data, then wouldn't traders trading for non-predictive reasons defeat that purpose? {nm} JDolphin Sep 22, 21:04

I think Antibody has an ironclad line of reasoning here. Deciding who is (and isn't) trading a certain way is speculative and certainly... Willroast Sep 24, 21:19

Negative ports could be easily stopped by once your port goes below zero - game over, if you want to continue playing reset your port. That JDolphin Sep 25, 14:04

+1 {nm} TwoMisfits Sep 21, 17:00

I think reset trading would be made sufficiently difficult if the price change indicator didn't reset to zero at midnight (more). DTravel Sep 21, 18:28

+1. Excellent solution. {nm} the_treachery_of_images Sep 21, 19:15

+1 on rolling 24-hour changes instead of daily resets {nm} BSmurf Sep 22, 11:40

I think this is a brilliant idea. I don't actually care one way or the other about reset, but you want it gone, then this is the way. {nm} Willroast Sep 24, 21:24

You Go Razor - thanks for the taking the time to be so thoughtful! As a long time trader I've many of these concerns for many years. {nm} MAlbi Sep 21, 20:55

AGREED - 100% PERCENT {nm} vadym Sep 21, 22:45

I really agree mostly with RazorHawk....keep the system. Tweak it..... Buy BONDS 26 Sep 22, 06:50

Isn't this what markets do? pabruce Sep 22, 09:03

my one objection to your post (while agreeing with most everything else you said) pacrat Sep 22, 12:52

I completely agree {nm} ceregon Sep 22, 14:24

I agree completly with Razor. iagommc Sep 22, 14:36

RH's suggestions will be a very good beginning to get HSX going towards being a proper predictive tool. Please implement. Tq. {nm} DiNar0 Sep 22, 14:38

Some really solid points here. The problem with several of them (NegPorts and Reset, for example) seem like they would be very hard to... Willroast Sep 24, 21:07

Answers... RazorHawk Sep 25, 13:26

Those are obviously negative accounts, but if they're already negative they probably are not making any trades. RogerMore Sep 25, 13:43

Agreed 100% {nm} Steved1998 Sep 28, 20:02

Yeah Razor has some *very*good points. {nm} Buckee Oct 19, 10:13

I'm for it as well . . . maybe make the algorithim move prices faster when they are further away from where they should be. {nm} durf Sep 21, 13:37

Respectfully, how and who determines what the prices "should" be? {nm} DTravel Sep 22, 08:55

If it helps HSX do what it was designed to do then that is what should be done. Let the stocks fall (or rise) where they may. {nm} arbybaker Sep 21, 13:40

/game {nm} slipping jimmy Sep 21, 13:47

I don't have a problem with it...I'm already thinking ahead to how I need to change my approach on weekends =P {nm} tealfan Sep 21, 13:53

As a long time player, frankly, opening weekends are less important since the halt was moved so if it helps the HSX, I'm for it. {nm} spamlet Sep 21, 13:53

If you really care above all else for OW predictions.. frosa Sep 21, 13:57

I do have to say, years ago before the ow derivatives, the halt of the stock on friday at 9am was more exciting PARAX (NOLEAFCLOVR) Sep 21, 14:41

The issue here.. frosa Sep 21, 14:48

Very good point. Well then maybe something can be changed with the OW derivatives to compensate for that... PARAX (NOLEAFCLOVR) Sep 21, 14:54

If you do go ahead, make sure it's glaringly obvious on the site both about it happening and when and the first couple of weekends at least. notfabio Sep 21, 14:00

While i agree with RollingThunder and NOLEAFCLOVR, I also see Flash's point on maybe keeping the halt and adjusting multipliers. Dorfman Sep 21, 14:37

ugh meant to reply to Antibody's post. {nm} Dorfman Sep 21, 14:38

I've suggested ending the halt and adjust several times already, so it will be fine with me to see it go away. {nm} pennystocks2 Sep 21, 14:08

might make EAPGod a bit irrelevant (obviously not your concern :) But I say try it, and if it stinks, you can always go back, right? {nm} islander Sep 21, 14:28

EDPGod! {nm} RogerMore Sep 21, 15:06

ED209 {nm} tealfan Sep 21, 15:08

Meh, the Saturday halt has never really made sense anyway. If it's not moving back to Friday morning then eliminating it makes some sense, shadowking Sep 21, 14:58

Keep Halt/Adjust and move it back to Friday. It's part of the game. Do not get rid of it. {nm} Fechin Sep 21, 15:08

I enjoy the halts and adjusts too... numbersix_99 Sep 21, 15:15

What if we just halt and catch fire? {nm} DTshakes Sep 21, 15:26

Thoughts inside... Chimpmuck Sep 21, 15:30

The MovieStock value has always been delist at the 4-week box office. The adjust brings the price closer to the delist. {nm} Antibody Sep 21, 16:20

That was the intent, but the average doesn't work for movies that don't behave like the average. {nm} Antibody Sep 21, 16:24

Wouldn't this just make the examples more ARB near delist? I think a seasonal multiplier would help. Less frontloading like SUICD & CAPA3. socby19 Sep 21, 16:44

Being that a lot of us are open to moving the adjust back to Friday as it was. The saturday traffic seems to be... PARAX (NOLEAFCLOVR) Sep 21, 18:38

My two cents- the game is too easy. ndmaster Oct 21, 22:12

One thing that I think would enrich the conversation is Marlowe Sep 21, 15:51

Getting rid of the adjust makes the game more realistic, but less fun. I vote fun! {nm} skunkrunner Sep 21, 16:16

+1 {nm} TwoMisfits Sep 21, 17:18

Ideas: Move OW deriv to Thurs evening an stock halt to Fri evening. Have some kind of derivative for the delist price, maybe like the Oscar JDolphin Sep 21, 16:26

Pretty good idea! I can get behind that. {nm} PARAX (NOLEAFCLOVR) Sep 21, 18:29

There are some good ideas coming out of the community here. {nm} PARAX (NOLEAFCLOVR) Sep 21, 18:31

as someone who actually uses the hsx data for work, because of the rise of tracking, HSX's value is more in long term projections Moviesnob Sep 22, 09:34

Didn't the .CX derivative not halt and adjust? Maybe try that out for the fall/winter? {nm} socby19 Sep 22, 09:54

Depends on what the data is trying to predict. Are you trying to predict OW or delist price? lapuckfan Sep 22, 10:24

How does the multiplier being off for xmas hurt HSX as a predictive tool? MattW Sep 22, 11:39

Thanksgiving has the same pattern every year - movies open on Wednesday. Christmas has a different pattern each year, which changes the RogerMore Sep 22, 13:12

Right, I was pointing out that a wed thanksgiving has a different multiplier than normal wednesday openings. MattW Sep 22, 22:39

You'd need a different multiplier for each year, and you'd have less data on which to set each multiplier {nm} RogerMore Sep 23, 10:38

A lurker's take albrown Sep 23, 09:04

I haven't yet read the many responses but my 2 pennies...Wouldn't there potentially be an issue similar t BWs if there was no halt/adjust... Willroast Sep 24, 14:35

Would be a shame to see adjusts go, would rather that moved back to before a movie opened. {nm} Karl_S Sep 28, 21:09

I'm all for it! {nm} It's Evolution, Baby! Oct 11, 11:51

The goal of HSX may be as a predictive tool for box office but it is also mainly a game for the users. magicdreamer Oct 21, 17:48

Why not try this for two months ( dec-jan ) and see if we get more acurate, and after that more fun discussion {nm} jmt-nl Oct 21, 23:35

I really like halt and adjusts, they are integral to the game. HSX should introduce higher mults for holiday season, lower Mults for horror {nm} extepan Oct 22, 10:38





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