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no, your numbers for traded shares today are off

Posted by: alfpaulytd2012 on Jul 01, 07:55 in response to samuel1212's post rest of the post. The price should be fairly even with...

I think you're assuming it started out today at 40mill long?

Yesterday, the IPO offering was 50mill shares.....it was short by around 1mill of that so it didn't move yesterday.

That's say 49mill to make it easier. If its at 43mill now, then 6 mill of stock bought yesterday was sold off today. And since the shorts were minimal yesterday, that means almost 3 mill is short today. And there are probably minimal long today given the direction it was moving to counter the negative movement today.

And as has been pointed out every time an IPO is out.....only the shares traded today account for the movement happening today.

Might be a dumb question jcunningham28 Jul 01, 06:56

Pure HSX Manipulation, like most other stocks. Just go with it and don't fight it. samuel1212 Jul 01, 07:15

And the 3rd one's OW was $50M+, so adjust of $135M+ if it can match it & the rollercoaster ride would be worth the wait. {nm} KalElFan Jul 01, 09:38

And the 3rd one's OW was $50M+, so adjust of $135M+ if it can match it & the rollercoaster ride would be worth the wait. {nm} KalElFan Jul 01, 09:38

Sorry for the double post. BTW all three JCKA were Fall releases, that third with the $50M+ OW Oct 15, 2010. {nm} KalElFan Jul 01, 09:41

This is as good a time as any to announce my new occasional blog, HSXsanity, which contains the answer to this and other frequently asked Roger More Jul 01, 07:20

Nice blog! {nm} slappydavid Jul 01, 07:31

very educational {nm} tealfan Jul 01, 09:41

Terrific. Now everytime someone asks a 'not so dumb' repeat question, we can just link your site. =+ {nm} grammar Jul 01, 07:35

Very nice. It loads and reads well on my phone. WTG! {nm} islander Jul 01, 07:40

Dont take this the wrong way, but what you wrote makes no sense to me, based on the shares held. Based on JACK5 there have been over 9 mil {nm} samuel1212 Jul 01, 07:40

rest of my post, shares traded today, including flipps this would account for 6 mil shares, 3 million still bought long and 3 mil short. the {nm} samuel1212 Jul 01, 07:42

rest of the post. The price should be fairly even with IPO price. samuel1212 Jul 01, 07:42

This is a good point to explain, and I'll edit the entry later. Remember that in this case flips = sells + shorts, so every time someone Roger More Jul 01, 07:50

also, i may be wrong, but phase, price range, and rate of trading affect price as well {nm} islander Jul 01, 07:51

I'm iffy on those details as well. Rate of trading definitely impacts the rate of price change, as I think "# of trades made yesterday" {nm} Roger More Jul 01, 07:56

no, your numbers for traded shares today are off alfpaulytd2012 Jul 01, 07:55

I was looking at the number of shares traded today on the stock page, so no I wasn't off samuel1212 Jul 01, 13:01

No - he's right. You're assuming that of today's trades, every trade that was not a flip was a buy. But in fact some traders were selling Roger More Jul 01, 15:48

meant JCKA4 not JACK5 samuel1212 Jul 01, 07:51

Thanks. {nm} ryancoke2 Jul 01, 08:19

Well written blog Roger!!! {nm} JDolphin Jul 01, 12:30

Another dumb question: Shouldn't this question be asked on the "Playing and Strategy" board? {nm} elchan Jul 01, 07:24

Isn't jackass a movie? {nm} jcunningham28 Jul 01, 07:55

Yes, but the question is not asking about the movie itself, but how the prices are calculated, which is play related, IMHO. {nm} elchan Jul 01, 08:11

How many shares were initially offfered.... LanceStorm22 Jul 01, 08:56





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