Question for the ladies.

[UtahDan]

Originally Posted by TripletDaddy

Share more about your fantasy stock exchange thing. That sounds cool.

I think the concept of it being based on movie openings is really interesting.

Is it based purely on openings or also on other things affecting the stock price of the movie company?

I hesitate here because it is like you have asked me if you can try some of my crack.

The site is www.hsx.com

Movies "IPO" when they are greenlighted and can be purchased for an initial price. The price after than moves up or down depending on how many people buy/sell or short/cover it. The number you are trying to accurately guess is the estimated gross for the first four weeks.

Here is how it works: the day a movie opens it halts trading at 1:00 pm (almost always Friday). Then on Sunday afternoon, the stock adjusts from its halt price to its weekend earnings times 2.8 (which is the historical statistical average multiplier for all movies when their total take after four weeks is divided by opening weekend gross).

So for example, Batman is currently $309.43 per share. If I own it at that price, I am banking that it will make $110.51 opening weekend. If I think it won't make that, I hold it short. I can own a max of 50,000 shares, so if it actually makes say, $10 more per share and I hold it long, I just made 500K, but the reverse is also true. After the adjust the stock resumes trading until it delists 4 weeks later. The delist is whatever the actual gross is on delist day, so you can play post adjust as well depending on whether you think it is "front loaded" (that is, most people who were going to see it saw it opening weekend) or has "wheels" or "legs" (that is, word of mouth is good and it picks up steam).

Other stocks that are weeks months or years from release move up and down on news about them such as casting, director, budget, number of screens anticipated, performance of related movies, etc.

There are also Starbonds which attach to actors and are the average of gross of the last five movies they starred in. These also adjust on a weekly basis and are the easy way to make money when you are first starting.

There are also options for any number of events like, openings where you can buy a call or put and bet on whether the movie will open over or under a certain prices. There are tons of other specialty options.

You can do anything you could do in a real market (including having to pay commission on trades) except place a stop loss. Anyway, it takes quite a while to fully figure it out and since your portfolio starts at $2,000,000.00 it also takes a while to build up to fully playing but I have been at it about 3 years, took a year off in the middle, and am almost up to 200M. There are, however, people who have been playing for 10 years or ore who open a new portfolio every year and some of them have already made 150M just this year starting from 2M, so it can be done.

If you do sign up and need advice just let me know.