The Hollywood Stock Exchange (HSX) has existed since 1998. This page allows people to purchase 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 start out with. Then you’re able to use this money to purchase stocks ดูหนังHD of upcoming movies. The same as in the actual stock market, each movie has its IPO (initial public offering). If an investment has an IPO of $35, then meaning 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 an investment will occur far before its release date. Sometimes an effective movie’s sequel will soon be included with the stock exchange a long time before it really 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 what the stock performs at the box office, the stock will eventually settle, and the worthiness will soon be deposited back the user’s account.
So if we’d 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 think a video will perform poorly at the box office, you can also sell the stock short and profit when it goes down.
Individuals who bet big on Avatar before it premiered could actually make quite a bit of profit. Major Hollywood production companies have increasingly turned to HSX to get an exact estimate of how much money they could expect to make with a specific movie. It has even shown to be extremely accurate at choosing Oscar winners over the years.
How Can You Make Money with HSX?
People have been able to generate income with HSX over the years. Some of the top accounts have been sold on eBay and other auction sites for tens of thousands of dollars. However, there’s a new development that has caused everyone to show their heads and take notice of HSX.
Beginning April 20th, 2010, HSX can become a real-money official derivative exchange beneath the regulation of the US Commodity Futures Trading Commission. This implies that they can be slowly moving away from the virtual-money model and can become a genuine market.