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Friday, July 22, 2005

Hollywood Stock Exchange

--posted by Tony Garcia on 7/22/2005

For people who like movies AND think that they know a lot about the industry I would like to refer them to Hollywood Stock Exchange.

You can buy "Movie Stocks", "Star Bonds", "Options" and "Mutual Funds". The real meat of the site are in the stocks & bonds. This site started about 8 years ago and they have tweaked the formulae very well.

So, you think that the Bad News Bears will bomb this weekend? Put your H$ where mouth is. As of right now it is trading at H$49.37...which is what the market thinks will be the Gross Box Office (in millions of $) in the first 4 weeks. What do you think? After 4 weeks HSX cashes out the Stock at the Gross Box Office.

Or maybe you think that following the stars is better. Me, personally, I invest almost exclusively in Bonds. A Bond's value is adjusted after a star's movie stock cashes out. That is based on the average box of the past 5 movies of the Star. In between those adjustments it is supply & demand.

Lots of fun!

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