HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Commissions on delists
I had approximately $7 million in stocks and derivatives delist on Monday because I rode a lot of long term shorts right down to the bottom. It's a strategy that has put me in waving distance of 1B. Now I'm going to be penalized $70,000 - $150,000 a week for it?
IF HSX just wants to get rid of a non-existent problem, why not just automatically delist any stock when it hits $1.00? I've got about 300 maxed-out positions in that category worth north of $400m because they're shorts. If you want instant liquidity, it's there for the asking.
Announcement: More Upcoming Game Play Changes Dec 20, 11:47
what do you mean by fund managers will be paid based on their good performance? {nm} Dec 20, 11:54
By H$. {nm} Dec 20, 11:59
cool (except for the commission on delist, oh well :) Dec 20, 11:59
LOVE the public beheadings of Manipulators...its all cool except for the 1% commission on Security delists! {nm} Dec 20, 11:59
does this mean a real life profile pic will be required? LOL {nm} Dec 20, 12:21
Full view and profile for offenders {nm} Dec 20, 12:22
Initilal reactions Dec 20, 13:00
Hate the concept of the 1% on delists Dec 20, 13:18
Some thoughts Dec 20, 13:58
Maybe they're just trying to close the doors, period. {nm} Dec 20, 17:24
The power button is right there. *points* {nm} Dec 20, 17:27
My feedback on the upcoming changes Dec 20, 14:51
That's a serious non-play penalty! About 43% annualized. An H$4B port ingnored for 2.5 years would be worth less than H$1B. Dec 20, 15:13
Is the "No Trading" penalty cumulative? Or is it 1-time only? Dec 20, 17:26
"If you have not traded in the past 30 days" - that's cumulative, baby! {nm} Dec 20, 18:47
why not pay us to trade? let's say after 100 trades in a month, we get $H for every trade we do until the end of the month? Dec 20, 17:11
something like 1/2 of 1% or $5000 $H, [ceiling cap] whichever is least, and you round it down to avoid the 1 share trades Dec 20, 17:21
It should be more than 100 trades a month Dec 20, 22:41
Don't agree with 1% commish on delist. If you hold a security long that you think will delist higher than adjust Dec 20, 18:23
Love the idea of new class of Movie Funds that behave like mutual funds. Other thoughts inside. Dec 20, 18:57
I would start new traders at H$1 million and then go up by $250K increments Dec 20, 21:52
...that's a good idea ... {nm} Dec 21, 15:16
How about a mentoring program for newbies Dec 20, 22:37
That is what the Players Board, and to some extent the Leagues, are for. {nm} Dec 21, 08:21
agree {nm} Dec 21, 07:33
Yeah there goes any stock that are about .05 or less {nm} Dec 21, 08:34
I guess they're only interested in prices being accurate up until the box office of movie x is already known Dec 21, 15:14
so many fines, where on earth are the rewards for active traders ??? Dec 21, 07:03
We already have traders abusing the volatility of the system... why reward them further? {nm} Dec 21, 09:12
will 5% be taken off every 30 days, or just after the first 30 days and then the player can coast indefinitely? {nm} Dec 21, 07:40
my two pennies Dec 21, 08:44
I hope they're not going to charge commission on halted derivatives (calls/puts/OW)... that would blow, too. {nm} Dec 21, 09:14
How does hsx track market manipulation? Dec 21, 10:07
WIll there be commission charged on the delist of Calls, Puts, and OW derivatives? {nm} Dec 21, 10:35
Will there be commission charged on the delist of Dead Movie Stocks, Deceased Starbonds, and Inactive Starbonds? {nm} Dec 21, 10:40
Commissions on delists Dec 21, 12:45
You have lost me ... figuratively and literally. {nm} Dec 21, 17:42
You have lost me ... figuratively and literally. {nm} Dec 21, 17:42
Dunno about you, but, they're certainly not going to make it easy on newbies to learn all the little gotchas. {nm} Dec 21, 18:29