HOLLYWOOD STOCK EXCHANGE
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THE ENTERTAINMENT MARKET
There is something wrong with IPO pricing system
I have never seen a system based on supply and demand be broken like this. My first observation was with Singularity SNGLR where there were only 100k shares short and it was quickly snapped up, but the shares declined almost immediately after the IPO shares were all purchased. Now Arthur & Lancelot (ARLNC) does not even sell the 40 million available shares and has 2 million shares short, but stock goes up 10%!!!! I just don't get it. Someone please explain.
There is something wrong with IPO pricing system Aug 07, 09:34
good luck, no one can explain it! {nm} Aug 07, 20:41