More Virtual Stock Exchange Madness!
Another virtual stock exchange is the Hollywood Stock Exchange (
). It might be for you if you liked the idea of playing on the stock exchange for fun and not for profits. Obviously it is just for fun, but many play everyday.
The HSX (as it is called) allows you to trade in movies or stars and therefore build a portfolio of 'movers and shakers' in the industry.
As a new film is released and the profile of the actor / actress begins to rise, so does their stock price. As you might imagine, since a film is released once, they tend not to be as valuable in the index as the stars who can release film after film.
Many now use the index as a guide to predicted success of a movie. HSX is now owed by Cantor Index who operate a spread betting company in the UK. It is widely believed that they use the Hollywood Stock Exchange to help them predict and therefore price (to their clients) the expected takings of a new release.
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Another virtual stock exchange which is popular online relates to the world of internet marketing. GURUDAQ.com is designed to follow the actions, results and product releases of the higher echelons of the internet marketing field.
These guru's have a stock price which rises or falls in relation to the visible activities, forum postings or reputation of the individual concerned.
Amazingly, there is even a fantasy blog shares market.
allowes people to buy and sell shares in blogs. Each blog operates as a single company and players are trying to build a fortune online!
As with the websites, this is a fun way of looking at the world that probably (hopefully) raises a little advertising income for the owner.
All of this may sound rather prosaic and not at all useful - a fun diversion - but markets are markets are markets. All stock markets are driven by a number of factors - including underlying asset value, market sentiment and human nature. So while this may seem as though it has little real relevance to investing, the reality is rather different.
Who knows, you may just enjoy it!
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To read other pages containing information about virtual stock exchanges, please visit:
Virtual Stock Exchange
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