Hollywood Stock Exchange Set To Launch In April
You can buy and sell actor or movie "stock" for virtual cash on the website Hollywood Stock Exchange (HSX). Starting in April the company plans on letting you turn those movie performance predictions into real dollars. HSX filed with the US Commodity Futures Trading Commission for approval as an active trading site in November 2008 and has just entered the final phase of regulatory review. Richard Jaycobs, president of HSX's parent company, said, "The number of people who visit movie theaters each year and form opinions about a film's success is in the tens of millions. We believe that's the reason the public response to this product has been very positive."
To separate people from their cash?
If I had an Ass, I'd call it Fanny Bottom, then I could slap my Ass; Fanny Bottom, on the Arse.
So when is the sports stock exchange opening? I sure would love to bet... eh ehm I mean, "exchange and buy stock", for my favorite team.
1) Sell the stock short
2) Release via bittorrent
3) Profit!
-1 Uncomfortable Truth