Well, today I sold a large chunk of the shares I had in War of the Worlds. It shot up last night and I didn't know if I should take the risk in this summer movie slump. I'd say I got rid of about 3/4 of my stock in the movie.
So now that I had a lot of spare H$ on my hands, I did some research and changed my strategy towards Hollywood Stock Exchange. I have chosen a more conservative route of investing in movies stars themselves, rather then their movies. A movie's stock price gets adjusted to match its opening and closing price, however an actor's/actress's Starbond gets adjusted to the average of their last five movies after they star in a movie. For example, this week Russell Crowe's Starbond adjusted to the average of his last five movies because he recently starred in Cinderella Man.
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For anyone reading that actually plays on HSX, I'll give you a hint on one of the trades I made this morning. I bought all the stock I could in Kelly Hu (KHU). If you look at the price of her Starbond, it currently trades at about H$62, and she has a movie called Underclassmen coming out August 5. However, the average of her last 3 movies (she's only made 3) is H$113. So even if this new movie makes no money, her stock will eventually adjust to H$85, or a gain of H$23 per share. There's all this math to the calculations, but it doesn't matter. Kelly Hu is a good buy.