HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Sorry if the above was a bit ranty... the point is: the current IPO system doesn't work, please change it back.
I.e. hte point of limiting shares to make getting the IPO at the IPO price is absolutely pointless when the stock is going to plummet below the iPO price at reset due to one trader shorting (which is what's happening). Just halt until reset and we might actually get a few IPOs that are at a price worth buying.
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