ProjectX2
Don't expect me to take you with me when I go to s
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- Sep 15, 2004
- Messages
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Hollywood Stock Exchange
- Thread starter ourchair
- Start date
Dr.Strangefate
He Sees You When You're Sleeping. He Knows When Yo
Was that Wannabe? Because I invested a lot in that.
Shhhhhhh
It's a secret (that you pointed out to me last night)
ProjectX2
Don't expect me to take you with me when I go to s
- Joined
- Sep 15, 2004
- Messages
- 25,007
Heh.
Does anyone else have any stock that's being held? I guess this is what happens when the movie is released or something... how long is it before we're allowed to buy/sell it?
Joe Kalicki
Well-Known Member
I jumped the Ices and settled in at 6th for now.
I'm coming for you next McCheese.
At least, if 300 would ever stabilize. Geeze. If the movie's half as exciting as the stock. . .
I'm coming for you next McCheese.
At least, if 300 would ever stabilize. Geeze. If the movie's half as exciting as the stock. . .
Ice
Teh Sexy Monkey Queen
I just finally bought something today.
Dane Cook and Bourne 3.
Still have to get used to this and learn the ways.
Dane Cook and Bourne 3.
Still have to get used to this and learn the ways.
ourchair
Well-Known Member
If you're worried about 'learning the ways', I recommend you make your active trading day be on Saturday 1PM EST to Sunday 1PM EST, which is when the HSX does not charge the usual 1% commission fee for trading.
Ice
Teh Sexy Monkey Queen
It's not so much about being worried, but just that I know what I'm doing.
ourchair
Well-Known Member
That's exactly what I mean.
Those hours are basically the best time to invest in something, change your mind two minutes later, then change you mind again and buy it back, because you won't get charged thrice.
Willverine
Well-Known Member
If it wasn't for "Mr. Hollywood" ourchair, I'd be in first place. Damn my picks are good. Ourchair, meaning yourchair (but not my chair because I have a favorite chair already), we should have a meeting of the minds about HSX stocks. We could rule the HSX world with this information.
I'll show you mine if you show me yours.
I'll show you mine if you show me yours.
ProjectX2
Don't expect me to take you with me when I go to s
- Joined
- Sep 15, 2004
- Messages
- 25,007
Joe Kalicki
Well-Known Member
It isn't all about knowing movies and actors and stuff, you also have to know about trading and things like that, and that's what most of us are having trouble with so far I think. If it was just about guessing box office we'd all do pretty good, I think, although we might have a tendency early on to buy our favorites instead of what will make us money.
ProjectX2
Don't expect me to take you with me when I go to s
- Joined
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- Messages
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I don't think I'll be in first place for much longer.
Joe Kalicki
Well-Known Member
So wait, you can't sell after a movie's released? Does that start the day it's released?
Does the price change as the movie is out then? And they just cash you out after a certain amount of time?
Am I understanding any of this right?
Does the price change as the movie is out then? And they just cash you out after a certain amount of time?
Am I understanding any of this right?
ourchair
Well-Known Member
It's commission free zone right now, so I reshuffled the portfolio.
In the past 24 hours I have bought: Jim Belushi, Jessica Biel, Dan Aykroyd, Josh Hutcherson, James Woods, Jeff Bridgers, Gwyneth Paltrow, Jon Voight, Jon Turturro, Tyrese Gibson, Scarlett Johansson, Laura Linney, additional shares of Steve Buscemi, Torso, Jinx, Paprika, additional shares of Sunshine, Danny Boyle, and Jenna Fischer.
In the past 24 hours I have sold: Aaron Eckhart, Eddie Izzard, Andre Braugher, Elias Koteas, Michael Gambon, Michael Chiklis and Chow Yun-Fat
In the past 24 hours I have bought: Jim Belushi, Jessica Biel, Dan Aykroyd, Josh Hutcherson, James Woods, Jeff Bridgers, Gwyneth Paltrow, Jon Voight, Jon Turturro, Tyrese Gibson, Scarlett Johansson, Laura Linney, additional shares of Steve Buscemi, Torso, Jinx, Paprika, additional shares of Sunshine, Danny Boyle, and Jenna Fischer.
In the past 24 hours I have sold: Aaron Eckhart, Eddie Izzard, Andre Braugher, Elias Koteas, Michael Gambon, Michael Chiklis and Chow Yun-Fat
Joe Kalicki
Well-Known Member
How could I be negative with cash? How do they let me spend more than I have?
ourchair
Well-Known Member
I've pointed this out before.
The most important thing is that you are not trying to invest in the 'best'. It's not about the most profitable movie. Or the most critically acclaimed. It's also not about the most successful actor. Or the most respected actress.
It's about CHANGE. All stock profit is made from change.
When an actor has a small independent film coming up after having done a highly promoted blockbuster, SELL. It's just going to bring down his value no matter how well received it is, and regardless if it's box office grosses exceed its cost.
When you have only a $100,000 to invest, spending it all on a $100 per share actress would be silly as it's a rare exception for ANY share to go up by more than $3 a day, and that's only a 3% gain on a $100,000 investment.
IMHO, the closer a film gets to release the closer it has come to capping its potential for positive change. In fact, it's riskier because there's really not much time left for marketing to really actively promote it, save for word of mouth.
That's why I didn't invest in 300, by the time I joined HSX, it was already $100 per share, and the cost of investment wasn't worth it IMHO. That would involve tying up a huge amount of capital for such limited change.
...
Oh, and I think I'll be going down to third place at the very least this week. One of you guys are going to kick my ***. I can feel it. My gains aren't so good today, and I feel more uncertainty in my investments now.
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Joe Kalicki
Well-Known Member
Well, all that is a given. I just want to know if we know what happens after a movie is released. I haven't had one yet, but Proj says it's frozen. Does that mean we're committed to it for four weeks as it goes up and down? Does it cash out after that at the stock value?
300's turned into my best investment so far, though it's fluctuating quite a bit it hasn't lost me money. How do they judge the stock price on these things? How can one movie, like 300, go from being up 3.14 or whatever one minute then drop to 1.89 or something an hour later?
After 300 my biggest moneymakers are Watchmen, which I foolishly sold off more than half of my stock of earlier this week, and the Nanny Diaries. I just bought some Kung Fu.
Topher Grace and Bill Nighy are the only actors I own.
300's turned into my best investment so far, though it's fluctuating quite a bit it hasn't lost me money. How do they judge the stock price on these things? How can one movie, like 300, go from being up 3.14 or whatever one minute then drop to 1.89 or something an hour later?
After 300 my biggest moneymakers are Watchmen, which I foolishly sold off more than half of my stock of earlier this week, and the Nanny Diaries. I just bought some Kung Fu.
Topher Grace and Bill Nighy are the only actors I own.
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JonnyFreeze
Well-Known Member
i ****ing hate bill nighy
Joe Kalicki
Well-Known Member
ourchair
Well-Known Member
Like that ****ing matters.
I have never seen anything he's done prior to Pirates of the Carribean: Dead Man's Chest, but investment decisions shouldn't have anything to do with how you feel about them.
In fact, a very small percentage of my investment decisions are based on movies I've seen and liked or performers who I follow enthusiastically.
