The Hollywood Stock Exchange (HSX) ‘s been around since 1998. This website allows people to buy and sell virtual shares of movies and actors.
How Does it Work?
When you subscribe for HSX, you are given 2,000,000 virtual dollars to begin with. You can then use this money to buy stocks ดูหนังHD of upcoming movies. Just like in the actual stock market, each movie has its IPO (initial public offering). If a share comes with an IPO of $35, then that means that it is estimated to gross $35 million at the box office. If you were to think so it will make more money than this, then you can purchase the stock.
Usually the IPO for a share will occur far before its release date. Sometimes a fruitful movie’s sequel will be put into the stock exchange many years before it really gets made. Around the release of the movie, the stock will progress or down with respect to the demand for the stock. Depending how the stock performs at the box office, the stock will eventually settle, and the worthiness will be deposited back in the user’s account.
So if we’d bought 100 shares of the $35 IPO, and it ended up making $50 million at the box office, you would receive a $15 profit per share. If you were to think a film will perform poorly at the box office, you may also sell the stock short and profit when it goes down.
Those who bet big on Avatar before it was released could actually make a lot of profit. Major Hollywood production companies have increasingly turned to HSX to obtain an exact estimate of how much cash they could expect to create with a specific movie. It’s even shown to be extremely accurate at choosing Oscar winners on the years.
How Can You Make Money with HSX?
People will always be able to earn money with HSX on the years. A number of the top accounts have already been obsessed about eBay and other auction sites for 1000s of dollars. However, there’s a new development that has caused almost everyone to turn their heads and take notice of HSX.
Beginning April 20th, 2010, HSX will end up a real-money official derivative exchange underneath the regulation of the US Commodity Futures Trading Commission. This implies that they may be slowly moving from the virtual-money model and will end up a genuine market.