HSX Forum

Playing & Trading Strategy

What's the short term upside on HGAME3?

Posted by: JohnnyGodard on Mar 26, 19:39

I got in the IPO, was hoping it will at least go up 20 bucks from the IPO price once it opened, but it only went up 2

What's the short term upside on HGAME3? JohnnyGodard Mar 26, 19:39

That's because of the "brakes". Who knows when the brakes will release. If they do, it will keep going up. If it drops, it will drop fast. {nm} PVL Admin Mar 26, 19:50

If it drops before it goes up anymore - it's the last IPO I'll ever buy. {nm} JDolphin Mar 26, 20:52

That's a silly thing to say. There are still ways to make money from IPOs. People are just really impatient and want the gains now instead accountant_4_Jesus Mar 26, 21:03

Well said {nm} blaze223 Mar 26, 22:48

I disagree - 80 millon shares and only $3 is ridiculous. The hassle and ridiculous unknown unfathomable secret rules are not worh it. {nm} JDolphin Mar 27, 00:58

Beyond ridiculous. {nm} JDolphin Mar 27, 00:59

I agree with jdolphin. Since HSX changed all people want is the quick buck and all the skill has gone from this game now. swordfish1 Mar 27, 09:55

Does it take a lot of skill to jump on a sequel/threequel to a big hit? alfpaulytd2012 Mar 27, 09:58

nope and that was my point. {nm} swordfish1 Mar 27, 12:00

so how is it agreeing with jdolphin when he thinks the brakes are a bad thing and preventing the "unskilled" quick buck? alfpaulytd2012 Mar 27, 12:05

Brakes are not a bad thing. Brakes to this extent are bad thing. If HSX doesn't want the stock jumping madly then make a 24 hr IPO {nm} JDolphin Mar 27, 15:07

Or price it higher. 170 was a no brainer buy. 250 would have made people think twice. {nm} JDolphin Mar 27, 15:18

My idea isn't to do that, it's to not have a limit at all for IPOs. Let the market forces dictate how far it goes after the first sale. {nm} accountant_4_Jesus Mar 27, 15:38

I would like to take this opportunity and go on record as preferring the brakes left in the "on" position. {nm} arf Mar 30, 17:36





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