HSX Forum

Playing & Trading Strategy

it starts moving after it meets certain criteria or the next day

Posted by: alfpaul on Apr 29, 09:06 in response to blandestk's post Ok, someone explain this to me.

Not having traded this stock I don't know the specifics, but it probably didn't go up yesterday b/c it didn't hit a certain amount of volume bought long (2 million probably needed long) so it was technically frozen till reset.

Today it went up a tick or two so people covered their shorts and also maybe freed up their money for the weekend plays which caused the higher % tick up.

The 17 million wasn't overridden yesterday. It technically never counted because the stock was for lack of a better term frozen because it didn't meet the long volume required.

Not a real world market where all trading moves an IPO....but IPOs in the real world also have their own restrictions on trading the first day so yknow





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