Playing & Trading Strategy

Anyone want to give their insight why today's Netflix acquisition plunged instantly to pennies but previous grabs are still far above $0? tomcat90 Mar 12, 18:49

To what film are you referring? ndmaster Mar 12, 22:35

GLPPS went immediately from $5.50 to $0.04, but EXTNC (currently $6.88) and WFANF ($5.81) have not. What's the difference? {nm} tomcat90 Mar 13, 08:02

Sorry, typo.....WFANG (not WFANF) {nm} tomcat90 Mar 13, 08:30

EXTNC and WFANG were alot higher priced and\ have dropped a lot more. {nm} Antibody Mar 13, 09:36

EXTNC for sure, WFANG less so, but still, why have any value at all if all 3 films "will be on Netflix later this year" and GLPPS was tomcat90 Mar 13, 09:51

EXTNC and WFANG dropped H$5 on the first day of the news too. {nm} Antibody Mar 13, 10:44

You are not helping with your answers. ndmaster Mar 13, 11:09

There's nothing "instantenous" about GLPPS. tomcat90's question is always something about not moving fast enough to his liking. {nm} Antibody Mar 13, 11:12

First of all, what do you mean? GLPPS went from $5.5 to $.04 in HOURS and it won't be on Netflix until "later this year", the exact same as tomcat90 Mar 13, 11:39

If GLPPS was priced at H$30, then it would also drop like EXTNC. GLPPS moved in the exact same manner as EXTNC and WFANG after one day. {nm} Antibody Mar 13, 11:52

The point is that the price is driven by user activity not news srrichardson Mar 14, 04:11

Your answer is wrong. There are just an finite number of traders that log in each day/ Antibody Mar 13, 11:13

Wrong? Wow. So, when a high priced MST gets bought out by any STV outfit, we should expect a 5 point drop and that's it? {nm} ndmaster Mar 13, 19:59

Yes, in ONE DAY as I've repeated. EXTNC has since dropped another H$15+. WFANG has dropped another H$5+. Antibody Mar 14, 09:45

I would also like to know the answer to this. {nm} MrSmee Mar 12, 23:45