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Because more people bought/covered after reset than sold/shorted. The current holding #s reflect what have been bought/sold since IPO, but

Posted by: Paul2k on Jul 18, 13:26 in response to Zoggie's post Can someone explain West of Memphis to me

the day's movement is only affected by what was moved after reset.

Can someone explain West of Memphis to me Zoggie Jul 18, 13:23

Because more people bought/covered after reset than sold/shorted. The current holding #s reflect what have been bought/sold since IPO, but Paul2k Jul 18, 13:26

It is moving today because of the volume today alfpaulytd2012 Jul 18, 13:28

So the idea being that whatever sells on the IPO day will determine what that four dollars is worth? Zoggie Jul 18, 13:46

you are confusing yourself... sorry. Oleg Max Jul 18, 14:10

No, the price of the IPO on IPO day is set, no matter how many share are being offered as the "float" or whatever the term is. Paul2k Jul 18, 14:10

Thank you. I'm getting my bearings now :) {nm} Zoggie Jul 18, 14:15

For a player still getting his/her bearings, you're doing a grand job of contributing on the boards. Keep up the good work! {nm} Paul2k Jul 18, 14:23

Yes, it's Arkansas. ndmaster Jul 19, 22:22

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