Playing & Trading Strategy

There is something wrong with IPO pricing system shark1 Aug 07, 09:34

good luck, no one can explain it! {nm} ndmaster Aug 07, 20:41

At the time of your post, 17mil shares were traded, and only 900k were short. The previous day's shares don't count because it was frozen. {nm} PVL Admin Aug 07, 21:19

To add, no one will argue that there is not a problem with the IPO system; however, this IPO (at the time of your post) was not a good exmpl {nm} PVL Admin aka Rocket123 Aug 07, 22:30

How much and how exactly does volume traded make the price move? {nm} Fitch3k Aug 05, 18:28

What a great question,...can't wait to hear a definitive answer! {nm} GLAMMGUY Aug 05, 18:48

I don't think u are gonna get a response to that question, the secret sauce belongs to HSX enterprise trading system, which isn't revealed {nm} karspov Aug 06, 07:02

What they said. What is known is there are "brakes" - there's a diminishing relationship between volume traded and price change {nm} RogerMore Aug 06, 09:57

This question gets asked often over the years... however, HSX has never answered this, since Flash Aug 06, 11:28

Also...if you think about it.... Flash Aug 06, 11:39

You make excellent points, and in your response to yourself as well. ndmaster Aug 06, 13:27

I have noticed in some instances when I've "re-shorted" a stock to retrieve my unrealized gains, that the price doesn't net out. Paul2k Aug 07, 20:52

Am I missing something? Why do top movers go down so quickly the next day? KaylahCOV Aug 05, 06:50

thats pretty much it. seems to me players are more and more short term (and shorter and shorter terms) these days {nm} islander Aug 05, 07:03

It's those darn daytraders...messing it up for all of us!!... Flash Aug 05, 07:49

fastest way, eh? cool. Good to know. I really ATE IT last weekend with CBALN and I'm finding this weekend hard to call. gonna see what's KaylahCOV Aug 05, 10:57

*shakes his fist at those meddling kids* {nm} tealfan Aug 05, 07:59

:D {nm} PVL Admin Aug 05, 21:02

you're not missing anything, really. just traders trading. BTW- odd profile pic... {nm} ndmaster Aug 06, 23:38

oh god! I thought I chose the cropped pic! LOL! Thanks for the hint! (siiiigh) {nm} KaylahCOV Aug 07, 10:56

How can a movie fund have 171k shares traded today and the price not move at all? {nm} Dorfman Aug 05, 03:58

Funds move based on what their holdings do, not their own volume {nm} alfpaul Aug 05, 04:12

Fund managers are instructed not to make trades on the day of IPO. Depending upon time zone, the manage will start trading today. Buy BONDS 17 Now (EURO Too) Aug 05, 06:01

Oh ok. i thought it was a combination... thats cool {nm} Dorfman Aug 05, 06:15

Make Suggestions: What are some super helpful RSS feeds I should snag? {nm} KaylahCOV Aug 04, 09:16

BOM and CS I just acquired... {nm} KaylahCOV Aug 04, 09:48

Deadline, The Hollywood Reporter and Variety (although they both have multiple, so pick and choose), LA Times (again, multiple feeds), {nm} Paul2k Aug 04, 09:58

NY Mag/Vulture, Collider, Twitch, /Film, Dark Horizons, HSX Dude {nm} Paul2k Aug 04, 09:59

holy cow. ...all of those? Dang. I'm going to be reading a lot of news. Ha! I've only been looking at KaylahCOV Aug 04, 14:12

Oh, these are all RSS feeds for movie news. You'll find that when a director or an actor is attached to a movie, the price of the stock move Paul2k Aug 04, 14:25

I appreciate the knowledge! Thanks again, P2K. {nm} KaylahCOV Aug 05, 06:44

Question. Don't derivatives generally go green at first? At least the first day or two after their IPO? {nm} Dorfman Aug 03, 16:56

Generally, yes because DMAC is a pretty good estimator. however, MOVIE.OW derivatives can go either way. {nm} PVL Admin Aug 03, 17:38

Funny thing is that WE are the ones that help create the strike prices. Generally, they are near to the "current" adjust prices when the Buy BONDS 17 Now (EURO Too) Aug 04, 09:41

Guess which theme movie fund is #1 in value (and not in top 25 in wideley held?) Buy StarBondFund (EURO too) Aug 03, 11:43

Oooooh, I was going to reply sarcastically about WBROX but you killed my response before I even had a chance. Well played. {nm} PVL Admin Aug 03, 16:56

Lets be sarcastic about those who do NOT invest in fuinds that work. EURO gets no respect. Pity the Fools who ignore it. {nm} Buy StarBondFund (EURO too) Aug 03, 20:06

When does BOM update? I am east coast and I can never remember when trading begins and when these news pages are updated... {nm} KaylahCOV Aug 03, 11:26

I read the HELP section and I didn't see an "operating time" area. I think the exchange is open on Pacific Time but I don't know the hours. {nm} EggNogAdam Aug 03, 14:05

The exchange runs 24 hours a day, is set to PST, and "resets" the up/down movement counters daily at midnight PST. {nm} Paul2k Aug 03, 15:40

BOM is unafilliated with HSX...if you're asking about when they get their box office numbers, it usually happens between noon and 1 PM PST Paul2k Aug 03, 15:44

Thanks, Paul2k. I guess I was specifically wondering if industry news comes out on ... thursdays? Monday evenings? KaylahCOV Aug 04, 03:49

News usually rolls out anywhere between 9 AM and 6 PM PST, Mon-Fri (business time in L.A.); but that's not hard and fast. {nm} Paul2k Aug 04, 06:57

heh heh heh ! {nm} GuitarGenius7 Aug 04, 08:00

Arbitrage? blinkuldhc Aug 01, 19:20

Star Bonds can be arbed. 121Jigowatts Aug 01, 20:29

I think my example is pure arbitrage -- 100% probability of making a profit doing this trade sequence with derivatives.... blinkuldhc Aug 01, 20:46

If i Learned correctly.... Definitely not Pure Arbitrage Dorfman Aug 03, 17:04

Not my understanding srrichardson Aug 03, 23:16

yeah its not ARB unless its already made more money than what the stock or bond is trading at {nm} Dorfman Aug 04, 07:30

I disagree, it IS 100% arbitrage....(Dorfman et al.) blinkuldhc Aug 04, 21:25

It's a "Convergence Trade"... i.e., arbitrage blinkuldhc Aug 04, 21:36

No, a convergance trade only involves 2 assets alfpaul Aug 04, 23:04

alfpaul -- convergence involves two POSITIONS, not two ASSETS - nm blinkuldhc Aug 09, 20:31

I see your point srrichardson Aug 04, 23:10

Something's wrong with Rocket's PVL monthly winners post below, I click on it and nothing comes up... Is it just me?? {nm} slappydavid Aug 01, 18:15

Fine to me, you've won two leagues... congrats {nm} nicheno Aug 01, 18:55

Worked fine for me....maybe u need to upgrade IE or switch to Firefox? {nm} alfpaul Aug 01, 19:00

I use IE9, had some troubles before, but nothing like this... {nm} slappydavid Aug 01, 19:10

I see it on both IE9 and Firefox alfpaul Aug 01, 19:17

Nothing except for the post's header and the forum links. Weird, I haven't seen this before, and I check the forums all the the time {nm} slappydavid Aug 01, 19:22

Yeah, I think its your browser then alfpaul Aug 01, 19:25

I'll check out firefox then. Thanks for you help! {nm} slappydavid Aug 01, 19:27

Works fine with firefox... :) slappydavid Aug 01, 19:40

Firefox -- now you're equipped to check out legendary Port Monkey! edzep Aug 01, 19:54

Awesome! I'm in! Thanks! {nm} slappydavid Aug 01, 20:22

I know this is not related to this board... Apologies... {nm} slappydavid Aug 01, 19:42

The only thing that's wrong is that I came in third...I'll get you next month (you know who you are). :) {nm} PVL Admin Aug 01, 20:40

Congratulations to this month's Port Value League winners! (results inside) PVL Admin Aug 01, 16:58

Opened port for first time in a couple of months. down almost 6% ytd. Summer blockbusters must have sucked!!! nm ben+trawick Jul 31, 21:36

Your port is like a fine wine - Needs to be cared for in order for it to grow {nm} laujer Aug 01, 16:08

do you mean grapes? :^) {nm} ndmaster Aug 01, 16:21

Hi hi If you want to prove you have strategy apply to join my league. Winner eill be crowned at the end of this week {nm} Shiku201 Jul 30, 08:10

The league is Strategy winner {nm} Shiku201 Jul 30, 08:11

Thank you LucasFilm Dorfman Jul 30, 07:35

Why are halts on Saturday? Shouldn't they be earlier? {nm} touchthekiwi Jul 30, 02:37

They _should_ be. The .OW's are to make up for having moved the halts (in a bid for more Satruday player activity) {nm} edzep Jul 30, 06:40

ah, makes sense {nm} touchthekiwi Jul 30, 10:30

The halts used to be on Saturdays years ago... which was nice.... Flash Jul 30, 07:46

Plugging my league: if you are trading from NZ or Aust, come join ... Jane_Citizen Jul 29, 21:21

Can anyone tell me why when i short 100,000 shares of a stock prices at $25.03 it shorts it at $24.94 automaticall giving me a 9k loss? {nm} Dorfman Jul 29, 09:47

In the time between your order going through and you looking at your port, it dropped $.09. That sucks, but sometimes it works the other way {nm} PRodQuanta Jul 29, 09:52

Chuckage. If it bothers you as much as it does me, just short in increments...I do it in batches of 25k, so i put in 4 orders in a row. Paul2k Jul 29, 10:05

i'll try that and do smaller orders. Ya gotta love port monkey {nm} Dorfman Jul 29, 10:17

Would not the previous transactions influence (adversely) the price at which the later transactions were executed?{nm} DTXbro Jul 29, 17:02

Is that logical? Jane_Citizen Jul 29, 20:14

*you're getting in at a lower price (I meant) {nm} Jane_Citizen Jul 29, 20:14

Example: starting price $25. A full 100k short would get it to you at $24.90. A short at 25k would get it to you at 24.98. A second 25k Paul2k Jul 29, 21:40

I think your maths is right, yeah - I'm going to have to do an experiment to demonstrate it to myself Jane_Citizen Jul 30, 04:40

just hit 1 billion today jpass99 Jul 28, 20:03

woohoo! {nm} tealfan Jul 28, 20:06

Congratulations on your first billion...and your first post. {nm} PVL Admin Jul 28, 20:26

Sweet milestone. Congrats! {nm} edzep Jul 28, 20:34

wow. Super Jelly! {nm} EggNogAdam Jul 29, 05:24

Congrats! You should post this on the Movies board, you'll get more well deserved kudos there. {nm} stevie1der328 Jul 29, 07:11

wow congrats {nm} Dorfman Jul 29, 09:48

One billion is definitely worth a congrats :) {nm} Jane_Citizen Jul 30, 04:40

Still Mad Jelly! {nm} EggNogAdam Jul 30, 12:33

great job must be a big step and gold {nm} Shiku201 Aug 08, 09:05

you would be rich!!!!javascript:EmotionsDialog.insert('smiley-money-mouth.gif','emotions_dlg.money_mouth'); Shiku201 Aug 08, 09:07

call / put theory help GuitarGenius7 Jul 28, 19:51

Ok, bear with me... accountant_4_Jesus Jul 28, 20:13

Correction, the Call for The Smurfs is for $25M, not $20M. {nm} accountant_4_Jesus Jul 28, 20:14

A call says the movie will hit the strike price. A put says it won't. LONG the choice you agree with and SHORT the one you disagree with. {nm} PVL Admin Jul 28, 20:45

Unless you think it will only miss or hit its strike price by a minuscule amount, in which case you short both Call & Put. {nm} accountant_4_Jesus Jul 30, 05:40

The math isn't that hard JohnTEQP Jul 28, 22:04

I'm a little surprised to hear a seasoned player say that 'because it is trading at $60, so it will probably adjust near that' ndmaster Jul 28, 22:26

Yeah, I was pretty spectacularly wrong on this one JohnTEQP Aug 01, 12:17

Hey Flash - I expect to be through your part of the country on Aug 11th. If you're still in that part of the country... {nm} MojaveMeg Jul 28, 16:38

Yep...we're still here... been a fairly mild summer so far... Flash Jul 29, 08:47

We're heading for Jacob Lake for the Pecos conference. Midway between Fredonia and the North Rim. In October we'll be back up in MojaveMeg Jul 29, 11:49

I remember your Kanab trip... I think you need to stick around St. George for awhile! :-) {nm} Flash Jul 29, 15:58

Maybe for the October trip I should stay overnight in St. George rather than Vegas. I can make Kanab in a day but I don't MojaveMeg Jul 29, 17:31

Congrats on your port, btw... wow, you really jumped up there! Here I thought I was ONLY $1B or so behind you! Fat chance! :-) {nm} Flash Jul 29, 08:52

I was really stalled for a while after the most recent changes. Summer's been good to me the last couple of months. {nm} MojaveMeg Jul 29, 11:51

Well.. DUH... the last time *I* looked you were $2B+... now it's FIVE??? Wow... would you manage MY port for awhile?? lol {nm} Flash Jul 29, 15:59