Playing & Trading Strategy

Relative newbie question- when a movie adjusts, does the price freeze for a while after the adjust, like with an IPO? Dales Mar 25, 16:13

When a MovieStock adjusts for its opening weekend box office, it stays at that price until reset (midnight PST). {nm} accountant_4_Jesus Mar 25, 16:15

Thanks. follow-up if I may. Does it then make a jump (based on all that day's trades) or does it ignore them and start movig after? {nm} Dales Mar 25, 16:25

(Please pardon the typo) {nm} Dales Mar 25, 16:28

Yes, usually it does make a jump based on that day's trades, but I don't know if the effect is diluted to a certain degree or not. accountant_4_Jesus Mar 25, 16:40

Actually, no, the trades placed while the stock is frozen do not cause a jump in price when the stock is released at reset. Paul2k Mar 25, 16:57

Well there you go. I learned something as well. accountant_4_Jesus Mar 25, 17:03

bought various stocks at reset to test the reset theory and it really does work. this seems to be a flaw. {nm} DASavage Mar 25, 17:08

Thanks Paul2k and DASavage Dales Mar 25, 17:19

If 10 people buy the max on news broken on DL and posted on the movie board it moves.....fair to the people not on? {nm} alfpaulytd2012 Mar 25, 17:30

Well... Dales Mar 25, 17:38

also not fair to reset players who aren't playing when 10-50% of those plays turn within 5 hours of reset alfpaulytd2012 Mar 25, 17:47

Not fair to news players if those plays turn when they're not on either alfpaulytd2012 Mar 25, 17:48

+1 {nm} JohnTEQP Mar 25, 17:39