HSX Forum

CelebStock and StarBonds

Hey, she used to be at $130 - cool your jets! :) (serious answer inside)

Posted by: RogerMore on Sep 29, 06:29 in response to DoctorMovies' post Can someone explain to me how AJOLI got to H$109?

I can think of a couple of factors, but none of them are really 'reasons' in that none of them really explain anything.

Her last adjust was down, so people holding the stock short would have covered, driving the price up. Other traders see the stock move up and buy it, thinking it will go up higher. So you have one of those cycles.

She's also a popular actress, and is the third-most widely held starbond on HSX despite not having had an adjust in almost a year. So some traders seem to be buying AJOLI because they like AJOLI.

Basically, bonds without a near-term or big adjust move in unpredictable directions, and there are quite a few bonds with no upcoming adjust that are priced well above TAG. 





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