The Hollywood Stock Exchange (HSX) ‘s been around since 1998. This page allows people to get and sell virtual shares of movies and actors.
How Does it Work?
Whenever you subscribe for HSX, you are given 2,000,000 virtual dollars to begin with. You can then use this money to get stocks ดูหนังHD of upcoming movies. Exactly like in the true stock market, each movie has its IPO (initial public offering). If an investment comes with an IPO of $35, then meaning that it is estimated to gross $35 million at the box office. If you were to think that it will earn more income than this, then you should buy the stock.
Usually the IPO for an investment will occur far before its release date. Sometimes an effective movie’s sequel will undoubtedly be put into the stock exchange several years 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 value will undoubtedly be deposited back in the user’s account.
So if we had bought 100 shares of that $35 IPO, and it ended 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 can even sell the stock short and profit when it goes down.
People who bet big on Avatar before it was published could make a lot of profit. Major Hollywood production companies have increasingly looked to HSX to get a precise estimate of how much cash they could expect to create with a particular movie. It’s even demonstrated to be extremely accurate at choosing Oscar winners over the years.
How Can You Make Money with HSX?
People have always been in a position to generate income with HSX over the years. A number of the top accounts have been sold on eBay and other auction sites for tens and thousands of dollars. However, there is a fresh development which has caused almost everyone to show their heads and take notice of HSX.
Beginning April 20th, 2010, HSX can be a real-money official derivative exchange underneath the regulation of the US Commodity Futures Trading Commission. What this means is that they may be slowly moving from the virtual-money model and can be a genuine market.