The Hollywood Stock Exchange (HSX) has existed since 1998. This website allows people to buy and sell virtual shares of movies and actors.
How Does it Work?
Once you sign up for HSX, you’re given 2,000,000 virtual dollars to start out with. Then you’re able to use this money to buy stocks ดูหนังฟรี of upcoming movies. The same as in the actual stock market, each movie has its IPO (initial public offering). If a stock has an IPO of $35, then meaning it is estimated to gross $35 million at the box office. If you were to think so it will earn more money than this, then you can get the stock.
Usually the IPO for a stock will occur far before its release date. Sometimes a successful movie’s sequel will soon be included with the stock exchange a long time before it actually gets made. Around the release of the movie, the stock will move up or down with regards to the demand for the stock. Depending how the stock performs at the box office, the stock could eventually settle, and the worthiness will soon be deposited back in the user’s account.
So if we had bought 100 shares of the $35 IPO, and it finished up making $50 million at the box office, you’d get a $15 profit per share. If you were to think a video will perform poorly at the box office, you may even sell the stock short and profit when it goes down.
Individuals who bet big on Avatar before it was released could actually make a great deal of profit. Major Hollywood production companies have increasingly looked to HSX to obtain an accurate estimate of how much cash they are able to expect to create with a specific movie. It’s even which may be extremely accurate at choosing Oscar winners over the years.
How Can You Make Money with HSX?
People have always been able to earn money with HSX over the years. A number of the top accounts have now been obsessed about eBay and other auction sites for tens of thousands of dollars. However, there is a new development which includes caused almost everyone to show their heads and take notice of HSX.
Beginning April 20th, 2010, HSX will become a real-money official derivative exchange under the regulation of the US Commodity Futures Trading Commission. What this means is that they will be slowly moving far from the virtual-money model and will become a real market.