Feedback & Support

HSX really needs to get their **** together re: these IPOS and how volatility affects stock movement TheWeekendWarrior 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. TheWeekendWarrior Dec 04, 04:38

Well said WW,...not ranty at all! {nm} GLAMMGUY Dec 04, 09:47

+1. accountant_4_Jesus 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} ndmaster Dec 05, 06:40

oops, that was meant for TWW, not A4J. ndmaster 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. Antibody Dec 05, 10:09

Just to get the facts straight, XMEN5 went up 3 and dropped 2. You don't have to daytrade IPOs. Antibody 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} TheWeekendWarrior Dec 05, 12:11

after reset on 1st day it went up 7 cents (.07) on 1.3 mil shares long (total 1.5mil trade) 1st hr and then down $1.5 on 2 mil short/sold JDolphin Dec 05, 15:18

There is logic to the formula. I can't comment on it further or traders can figure out how to game the system. Antibody Dec 05, 15:36

I strongly feel that they already have. Just knowing that one trade may be enough to move a stock makes it very easy to group trade. {nm} TheWeekendWarrior Dec 05, 18:51

DMac, can I suggest something? accountant_4_Jesus Dec 05, 18:24

I believe the "reserve" or whatever it's called, was installed so that many traders could get in at the ground floor and then affect price. Paul2k Dec 05, 18:34

Err...correction, I meant 9 AM PST (12 PM EST) for when the IPO is issued. {nm} Paul2k Dec 05, 18:35