HSX Forum

CelebStock and StarBonds

One last point....EVERYONE is evaluating their positions on the adjusting StarBonds on the day of adjustment, usually Tuesday....

Posted by: StarBond Fund Sweet 16 BUY BONDS (a.k.a StarBondFund) on Nov 08, 06:57 in response to davorm's post Oh that helps greatly! Nice to understand this thing a...

The price is frozen until reset on the next morning....At that time, you will see a lot of motion, generally in the opposite direction of the previous motion. (Look at the graph and perhaps look at adjustments of a week or 2 ago for concrete examples,)

The motion is because players holding a StarBond long, will tend to sell them.  That depresses the price.  Players holding a StarBond short will tend to cover them, thus causing the price to rise.  If you are not ready to play with the "bounce" at least liquidate so you do not get caught with an investment going in the opposite direction.

That day is also important to see where and when the next adjust will occur.  StarBonds are a point to point to point thing. It takes some time to get used to it.





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