HSX Forums: Playing & Trading Strategy Board






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.

Posted by: Paul2k on Jul 18, 14:10 in response to Zoggie's post So the idea being that whatever sells on the IPO day will...

The number of shares being offered as shown on the IPO's page is merely the number of shares that can be bought at the IPO price while the price is halted. The price will only start to move in two cases: 1) the number of shares being offered is bought up before reset or 2) reset occurs.  When the price is unfrozen, any shares bought/shorted/sold/covered before the unfreezing will have no bearing on price movements post-unfreezing. You could have a billion shares held short, and only 2 held long, but once the price is unfrozen, all those billion shorts will have no effect on the the price movement. Only shares moved AFTER unfreezing will affect the price.

Can someone explain West of Memphis to me   Zoggie 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   Paul2k on Jul 18, 13:26

It is moving today because of the volume today   alfpaulytd2012 on Jul 18, 13:28

So the idea being that whatever sells on the IPO day will determine what that four dollars is worth?   Zoggie on Jul 18, 13:46

you are confusing yourself... sorry.    Oleg Max 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.   Paul2k on Jul 18, 14:10

Thank you. I'm getting my bearings now :) {nm}   Zoggie 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}   Paul2k on Jul 18, 14:23

Yes, it's Arkansas.   ndmaster on Jul 19, 22:22





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