The Hollywood Stock Exchange (HSX) ‘s been around since 1998. This web site allows people to get and sell virtual shares of movies and actors.
How Does it Work?
Once you subscribe for HSX, you are given 2,000,000 virtual dollars to start out with. You can then make use of this money to get stocks ดูหนังHD of upcoming movies. Exactly like in the actual stock market, each movie has its IPO (initial public offering). If a share posseses an IPO of $35, then which means that it’s 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 a share will occur far before its release date. Sometimes an effective movie’s sequel will be added to the stock exchange several years before it actually gets made. Around the release of the movie, the stock will move up or down with respect to the demand for the stock. Depending on how the stock performs at the box office, the stock could eventually settle, and the value will be deposited back the user’s account.
So if we had bought 100 shares of this $35 IPO, and it finished 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.
Those who bet big on Avatar before it was released were able to make quite a bit of profit. Major Hollywood production companies have increasingly looked to HSX to get an exact estimate of the amount of money they could expect to make with a specific movie. It has even which may be extremely accurate at choosing Oscar winners over the years.
How Can You Make Money with HSX?
People will always be able to make money with HSX over the years. A few of the top accounts have been sold on eBay and other auction sites for thousands of dollars. However, there’s a new development that has caused everyone to turn 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. This implies that they will be slowly moving far from the virtual-money model and will become a genuine market.