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Question about a stock
winstonman78
Mar 31, 06:52
shares that were traded yesterday (IPO day) do not count today.
OlegMaxYTD
Mar 31, 06:56
Thanks
winstonman78
Mar 31, 07:02
yes, you are correct
OlegMaxYTD
Mar 31, 07:09
correction
OlegMaxYTD
Mar 31, 07:09
Gotcha
winstonman78
Mar 31, 07:13
sure, no problem... and welcome to the game!
{nm}
OlegMaxYTD
Mar 31, 07:14
after reset
winstonman78
Mar 31, 13:47
Only trades made after the intial offering has been exhausted affect price.
{nm}
amnesiac
Mar 31, 06:58
But is that true...
winstonman78
Mar 31, 07:06
first tick after the reset/first tick after IPO float has been absorbed...
{nm}
OlegMaxYTD
Mar 31, 07:11
2 scenarios here 1) when the 2M shares are sold out before reset ,it will move in the ratio of long vs shorts and action of day traders
{nm}
karspov
Mar 31, 07:27
Scenario 2, when the 2M shares are not sold out , when reset kicks in, first movement can be random regardless of the ratio of long/shorts
{nm}
karspov
Mar 31, 07:30
thanks
winstonman78
Mar 31, 07:40
No problem, so if you see that an IPO is selling the longs fast , quick $$ can be earned especially if its a good sequel or news about it
{nm}
karspov
Mar 31, 07:45
OH YES I figured that out
winstonman78
Mar 31, 08:10