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IPOs price stops being fixed after 1 of 2 events (inside)

Posted by: DTravel on Mar 24, 12:23 in response to remrej's post Question re: reset time and first movement of an IPO'd stock

Either at reset; OR

When the number of IPO shares are sold long. (Whichever occurs first.)

For example, DRTYW is IPOing today (Tuesday). On the stock page is says "IPO Info: 10,000,000 shares are offered at the IPO price of H$4.00. 9,260,258 shares are still available at this price!"

So once 10,000,000 shares of DRTYW have been bought long the price will thaw (unfreeze) and will begin responding to transactions normally. That is probably what happened with BLAWH sometime late Monday.

Question re: reset time and first movement of an IPO'd stock remrej Mar 24, 11:49

IPOs price stops being fixed after 1 of 2 events (inside) DTravel Mar 24, 12:23

Ah, gotcha. I've been playing this game for many, many years, but I'm back after a 5+ year hiatus. Things have changed a bit. :) {nm} remrej Mar 24, 12:32

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