HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
HSX really needs to get their **** together re: these IPOS and how volatility affects stock movement
XMEN5 sold over 20 million more shares after it reached its limit yesterday and barely went up $2... way less number of shares ten that amount that are being sold/shorted at reset and it drops $3 and falls below its IPO price? It's really gotten to the point where there's absolutely no point rushing out to buy a stock at IPO price cause you're just getting ****ed out of commission by the reset traders who sell/short when they see it ticking down a notch at reset. Either way... if there's enough demand to sell out 60,000,000 shares at IPO price plus another 20 to 30 million on top of that, then a stock's price should show substantial increase and then not tank at reset just because HSX can't figure out how to ****ing set up their exchange with an appropriate volatility where a certain number of shares sold/bought affect price movement consistently. And as I've said it 500 times now.... ONE SHARE BOUGHT OR SOLD SHOULD NOT BE AFFECTING PRICE MOVEMENT... NOT AT RESET, NOT EVER!
HSX really needs to get their **** together re: these IPOS and how volatility affects stock movement Dec 04, 02:16
Sorry if the above was a bit ranty... the point is: the current IPO system doesn't work, please change it back. Dec 04, 04:38
Well said WW,...not ranty at all! {nm} Dec 04, 09:47
+1. Dec 04, 22:05
First, it is what it is, so why can't you deal with it? Second, why don't you short them, if it such an obvious trade? {nm} Dec 05, 06:40
oops, that was meant for TWW, not A4J. {nm} Dec 05, 07:44
FYI, whether the IPO price is frozen or not until reset would not change the direction of first movement after reset. Dec 05, 10:09
Just to get the facts straight, XMEN5 went up 3 and dropped 2. You don't have to daytrade IPOs. Dec 05, 10:14
It went up 3 from 25,000,000 shares bought and went down 3 from roughly 3,000,000 or less at reset. {nm} Dec 05, 12:11
There is logic to the formula. I can't comment on it further or traders can figure out how to game the system. Dec 05, 15:36
DMac, can I suggest something? Dec 05, 18:24
Err...correction, I meant 9 AM PST (12 PM EST) for when the IPO is issued. {nm} Dec 05, 18:35