HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
I'm just trying to make sense of the stock movements (may be that's my problem - trying to make sense of it)
How can ISTAU gain over 7 million in stocks held long (from 8.35 million to over 15.5 million) and lose over 7 million in stocks held short (11.2 to 4.0) and only move + H$0.99 (0.97%)?
And JBROA stays about same for stocks held long and gains almost 4 million in stocks held short (8.05 to 11.86) and move -H$1.42 (2.68%).
I know this amounts because I tracked them while the stocks were halted yesterday.
I understand the direction of the movement, just not the difference in the H$ amount according to the differences of the amount of stock moved.
I'm just trying to make sense of the stock movements (may be that's my problem - trying to make sense of it) Mar 23, 10:03
it must have happend yesterday (change in quantity of longs and shorts) when the bond adjusted and was frozen for the day Mar 23, 10:30
So you are saying the over 15 million stocks that moved yesterday don't affect the price? {nm} Mar 23, 10:33
correct. main point here is that the bond was FROZEN for the whole day, so no matter how many shares are Mar 23, 10:36
I understand that the price doesn't move while the stock is frozen (due to adjust), Mar 23, 10:43
it does not. stock will move at reset, or with the first trade after the reset. Mar 23, 10:47
my understanding is that when stocks are "unfrozen" it basically falls uder the same rules as an IPO {nm} Mar 23, 15:45
for Mar 23, 10:35