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you are confusing yourself... sorry.
today, I woke up and saw that price was exactly $4 IPO price. I had it shorted. I figured, lets have some fun. I covered my short, then bought it. Price moved up to $4.08. the next trader saw it was up, did the same thing (and keep in mind it was about 20 to 1 ratio of shorts vs longs) creating a short squeeze. whole bunch of other traders started loosing money, creating even better pop. now I am not going to tell you how I am holding the stock now, cause it would be call for action, but things like that happen all the time...
keep your eyes open and have some fun. this is just a game :)
Can someone explain West of Memphis to me on Jul 18, 13:23
Because more people bought/covered after reset than sold/shorted. The current holding #s reflect what have been bought/sold since IPO, but on Jul 18, 13:26
It is moving today because of the volume today on Jul 18, 13:28
So the idea being that whatever sells on the IPO day will determine what that four dollars is worth? on Jul 18, 13:46
you are confusing yourself... sorry. on Jul 18, 14:10
No, the price of the IPO on IPO day is set, no matter how many share are being offered as the "float" or whatever the term is. on Jul 18, 14:10
Thank you. I'm getting my bearings now :) {nm} on Jul 18, 14:15
For a player still getting his/her bearings, you're doing a grand job of contributing on the boards. Keep up the good work! {nm} on Jul 18, 14:23
Yes, it's Arkansas. on Jul 19, 22:22
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