HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
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.
The number of shares being offered as shown on the IPO's page is merely the number of shares that can be bought at the IPO price while the price is halted. The price will only start to move in two cases: 1) the number of shares being offered is bought up before reset or 2) reset occurs. When the price is unfrozen, any shares bought/shorted/sold/covered before the unfreezing will have no bearing on price movements post-unfreezing. You could have a billion shares held short, and only 2 held long, but once the price is unfrozen, all those billion shorts will have no effect on the the price movement. Only shares moved AFTER unfreezing will affect the price.
Can someone explain West of Memphis to me Jul 18, 13:23
It is moving today because of the volume today Jul 18, 13:28
So the idea being that whatever sells on the IPO day will determine what that four dollars is worth? Jul 18, 13:46
you are confusing yourself... sorry. 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. Jul 18, 14:10
Thank you. I'm getting my bearings now :) {nm} Jul 18, 14:15
Yes, it's Arkansas. Jul 19, 22:22