HSX Forum

Playing & Trading Strategy

Long Story

Posted by: srrichardson on May 18, 13:49 in response to Figgie123's post Why do moviestocks wait until Sat 6pm to halt?...

They used to, but towards the end of last year HSX made the change to halt them late on Saturday so people could react to the intital box office reportings - there was a backlash to this as it reduced the attraction for people who enjoyed making profit through predicting, now people can make profit based on the facts (i.e. flip incorrect positions before they lose too much and still mak profit from the adjust)Ā  - to appease these the opening warrants (OW) were brought in so the prediction element is still there.

My memory is a little hazy, but I believe the change was to make HSX more realistic/lifelike compared to the real srock exchange.





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