HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
I also thought it was odd seeing 3 stocks reverse direction like that about an hour after reset
With reset trading I usually see stocks move in one direction and stay that way until morning when the day traders choose how they want to play it. They either move a lot during reset period or stall. The only ones I've ever noticed reversing direction during reset period are the stocks that go down to a penny. These are only just observations I've made from playing reset for a few months.
What surprised me the most was how many ticks the 3 stocks went in the reverse direction in a very short amount of time (~10 min(?) but I could be wrong). But also since I noticed the reversal and flipped my position maybe many others are paying attention to their ports at that time more than I thought they did. Usually after 1am pst is a lull period but maybe more players are playing. I would like to think that is the case or limit orders and not anything shady going on, but it was 3 stocks and like you said one without any type of recent news so it makes me wonder as well.
Maybe it was all just a coincidence or some new aspect to be aware of. Maybe reset trading isn't going to be as "safe" as it seemed to be and is just as volatile as day trading
One other thought...could it still be an effect of daylight savings??
What's up with this stock movement? Mar 23, 01:47
I think I noticed a couple of other stocks that bounced in a very short amount of time Mar 23, 02:05
on the other stocks moving Mar 23, 14:06
just to clarify wording Mar 23, 14:24
I also thought it was odd seeing 3 stocks reverse direction like that about an hour after reset Mar 23, 21:39
You might be right Mar 24, 00:00
Noticed nothing now Mar 24, 03:09
I noticed it too Mar 23, 13:37