The Movie League

Friday, July 07, 2006

The Roster and How To Join

For reference, here's a how-to on joining, which includes the current roster:

If you wish to participate in this league on the Hollywood Stock Exchange, here is what you must do.

1) Create an Account at www.hsx.com

2) Invest your 2 million dollars.

3) Under the "My League Tab" enter the following ID's:

mentokthemindtaker
2moviesayear
Claytone
ryan6689
DeadoftheNight
stephenglauser
Harakiri

4) Then e-mail the League Captain, Ryan at whenirisheyesaresmiling@gmail.com and let him know that you are in our league so that other people can add you as well. (this step is very important!). Just to be sure, it wouldn't hurt to post a comment here noting that you have joined.

5) Don't forget the $50 fee if you are planning to participate in the jackpot. Stay tuned for info on how and where to forward the fee.

Thursday, July 06, 2006

The Rules

I might as well kick off the discussion about this league and its proposed rules, now that we have some new inquiries from someone wanting to join.

If you are reading this, it is likely because you have already joined or are interested in joining Ryan's (Irish Eyes) league at the Hollywood Stock Exchange .

Irish Eyes, The Night and I discussed potential rules at a bar one night. We welcome your feedback:

1. No Cheating - Play the game strictly on the basis of trading imaginary stocks, bonds and options. Do not indulge in the various surveys and ad click-throughs that offer big piles of unearned imaginary cash. We have all done this from time to time, but now that we are all at more or less an even level, let's draw a line under it and start playing the game properly. To enforce this rule, the league captain (Ryan) reserves the right to request a copy of your account history if your account shows a sudden, suspicious jump in value.

2. End Date - The game could go on forever unless we set an endpoint. What would people say to closing the game at 9 a.m. Mountain Time on the day after the Academy Awards (usually around the end of February - early March). Our logic here is that the game will probably allow some special trading opportunities related to the awards.


3. Fee - Hey, there's nothing like real money to make things exciting, eh? We propose a $50 fee (payable at the end of the game) for participation. As the league stands at present, this would mean a $300 jackpot.

4. Non-Payment of Fees - No one will be kicked out for refusing to accept the fee proposal, but they also won't be eligible to win the jackpot.

5. The Books Are Open - If you convince others to join in order to boost the jackpot, go for it. The only proviso is that they have to start from scratch like everyone else and will have to catch up on their own. Since none of us have been exactly raking in the dough yet, that shouldn't be that tough.

So, let us know what you think.

Sunday, July 02, 2006

Kryptonite

Yikes! Am I ever taking a beating on Superman Returns. I took the long weekend off and Boom! I'm down like 50 large.

But I have to two consolations:

1) I sold my Superman Returns Call when it was pushing 300% return.

2) It appears that everyone else took a hit on the movie as well. I expect it was one of the more widely held stocks going.

Was the box office that bad? Did anyone see it on the weekend? What's the buzz about it?