HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
You are looking at the holders of it at one point in time.
Maybe befroe the news, there were 55million long and 4 million short. That would explain it being down 15%. You have to look at the potential sellers/shorters and buyers/coverers. A stock that is extremely lopsided one way or the other (they are generally long, so most will be substantially longer than short) have lots of potential to move on news that goes against the majority.
What drives a price up or down at opening. Jun 20, 16:36
At Opening (RESET), BUY / COVER Drives the Price UP. SELL / SHORT Drives the Price DOWN. {nm} Jun 21, 18:04
Ok, so opening is like a reset and after that buys and shorts effect it. That would make sense. {nm} Jun 22, 11:27
You are looking at the holders of it at one point in time. Jun 23, 16:18
