June 01, 2004
20 mil $HSX

After some 5 years of "buying" mostly indie film stocks, my HSX account finally crossed the $20 million mark this weekend. Woo hoo! That's a lifetime return of +913.42% !! Of course, HSX is just a game, those aren't real dollars, and while I'm in the top 5% of all traders, 20 mil is hardly impressive by thier standards.

Although I am currently holding a few yet-to-be-made Hollywood titles that are generating solid value, I have traditionally bought mostly indie films. I got started under the (false?) hope that the interest in the stock on HSX might somehow help the films. I was told at one point that they (HSX) were selling activity data to the studios but I don't know if that happens today or if it ever happened. Nonetheless, I enjoy throwing my support behind films that I like and even though I might go 1 for 10 in terms of making a profit, the Blair Witches and Super Size Me's let me afford that and then some.

Happy trading!

Posted by j.d.ashcraft to Personal at 04:10PM on Jun 1, 2004
Comments

Reading indieWIRE is the HSX equivalent of insider trading!

Just crossed 30 mil $HSX, largely on Scanner Darkly, Killshot and X3. indie titles are lagging, doing OK with spec on Going Down and expect good things from Brokeback Mountain.