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Though sometimes it seems its an exit to reenter, maybe even to help the price move in line with 24 day BO actuals

Posted by: Tallwonder on Jul 09, 10:09 in response to Tallwonder's post Not surprising. People sold JW3 ~$330m to $298m, delisted...

Almost everyone (who's active & wanted to be & could afford to be) would be fully IN Top Gun 2 by at least 2 weeks post release (if not earlier). Its price at release (expected Day 24 BO ~215m on May 27) was less than HALF of where it was going to end up (never seen that before in 5+ years active here, would've surely happened few times before that though) & it was clear to see by then (at 343m on Day 14) that it was going to end at least 420m or higher. How do you move the price then (if everyone's all in & its a steep price to enter at)? It stops if no one exits (paying a steep 1%+1% doing it) & re-enters (or shorts & covers) though the BO will keep moving up. How else do you ensure on D24 that the price here is at least close to delist price (~$467m) ?





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