The Hollywood Stock Exchange (HSX) has existed since 1998. This site allows people to buy and sell virtual shares of movies and actors.
How Does it Work?
When you register 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 ดูหนังHD of upcoming movies. The same as in the true stock market, each movie has its IPO (initial public offering). If an inventory comes with an IPO of $35, then that means that it is estimated to gross $35 million at the box office. If you think so it will make more money than this, then you should buy the stock.
Usually the IPO for an inventory will occur far before its release date. Sometimes a fruitful movie’s sequel will be included with the stock exchange a long time before it actually gets made. As much as the release of the movie, the stock will progress or down depending on the demand for the stock. Depending on how the stock performs at the box office, the stock will eventually settle, and the worth will be deposited in the user’s account.
So if we’d bought 100 shares of this $35 IPO, and it ended up making $50 million at the box office, you would get a $15 profit per share. If you think a video will perform poorly at the box office, you can even sell the stock short and profit when it goes down.
People who bet big on Avatar before it was launched could make quite a bit of profit. Major Hollywood production companies have increasingly considered HSX to obtain an exact estimate of the amount of money they could expect to make with a specific movie. It has even which can be extremely accurate at choosing Oscar winners over the years.
How Can You Make Money with HSX?
People will always be in a position to make money with HSX over the years. A few of the top accounts have been obsessed about eBay and other auction sites for tens of thousands of dollars. However, there’s a brand new development that has 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 away from the virtual-money model and will become a genuine market.