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Volatility should be set based on the stock's price, just as it was before.

Posted by: secretstalker (a.k.a TheWeekendWarrior) on Mar 24, 10:49 in response to ndmaster's post so, if the first trade doesn't move the price, which one...

The fact that a $2 stock can move up* due to reset trading just as much as a $20 or $30 or $150 one shows how ****ed the market's volatility is. I've pointed this out before, I'll point it out again.

*I'm talking in $ amount, not percentage

Question about LBSLD jtjr26 Mar 24, 10:21

I'm sorry but you're trying to use "logic" to figure out something that's illogical. secretstalker Mar 24, 10:24

Only shares traded today affect the price, not shares held yesterday. Just like the real world, secrestalker. {nm} Antibody Mar 24, 10:25

Those trades are just happening because the stock moved a tick up at reset. Does the real stock market behave that way, too? secretstalker Mar 24, 10:31

that horse you're beating is dead {nm} Moviesnob Mar 24, 10:32

I think I saw it moved so I better make sure! :) {nm} secretstalker Mar 24, 10:34

They shoot horses, don't they? {nm} Catzan Mar 24, 10:44

Mmmm....horsemeat and velveeta sandwiches.... {nm} Paul2k Mar 24, 10:49

LOL...trying to figure out which is worse...velveeta or horsemeat... {nm} Catzan Mar 24, 10:56

velveeta {nm} BionicMoron Mar 24, 11:01

Yes. It's called daytrading. The first trade also ticks the price in the real world. {nm} Antibody Mar 24, 10:35

But you have created a system that allows easier market manipulation by those who are prone to do it anyway secretstalker Mar 24, 10:38

so, if the first trade doesn't move the price, which one should? ndmaster Mar 24, 10:40

Volatility should be set based on the stock's price, just as it was before. secretstalker Mar 24, 10:49

(And believe me, I have far better things to be doing with my time than repeatedly pointing out what should be obvious.) secretstalker Mar 24, 10:53

There is difference in volatility based on the stock's price. {nm} Antibody Mar 24, 10:53

You believe the game should be changed to operate your way. I think they should eliminate dribbling in basketball. But I got over it. {nm} Catzan Mar 24, 10:58

What difference does it make? When the movie is closer to release, it will move according to projections. These fluctuations are meaningless Catzan Mar 24, 10:55

A $2 stock going up more than twice its original price after dropping 65 cents in its first day is not "minor" {nm} secretstalker Mar 24, 10:59

Price fluctuations like that don't really affect the game or the data too much as they are not major stocks, but they do generate interest Catzan Mar 24, 14:41

Secret is making a fair point alfpaul Mar 24, 11:13

Catzan makes a good point too JMT Mar 24, 11:44

The heaviest trading volume for a new IPO is the first few days, thus the biggest fluctuations. You'll notice both will tamper off and Antibody Mar 24, 12:12

Honestly, not complaining alfpaul Mar 24, 12:26





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