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Confused. What makes the current value go up or down?

Posted by: ArmchairInvestor on Jan 26, 06:34

I'm new so I may sound like a n00b but it's something I was wondering.

I thought the site would work similar to the real stock market, meaning I thought you would be able to specify what price you're willing to buy the share(s) at or sell it at, and over time this would drive the price up or down.

Instead, when I checked the glossary it says this about Current Value: "Also known as "market value". This is calculated by multiplying the current market price by the number of MovieStocks or StarBonds held."

Ā 

Ok, so where does the "current market price" come from? Can anyone give a definitive answer to my question?

Confused. What makes the current value go up or down? ArmchairInvestor Jan 26, 06:34

The current price listed for securities on their pages are mostly moved by traders transactions. DTravel Jan 26, 09:11

** This post has been removed by the forum moderator! ** ArmchairInvestor Jan 26, 12:19

Hmm.. there seems to be multiple uses for current value. In the case of your picture - that is the current price. Price movement is affected JDolphin Jan 26, 13:13

Quit typing faster than I do! DTravel Jan 26, 13:25

HSX only works like the stock market in some ways. You can create a limit order but it will not affect the price until it is executed. {nm} JDolphin Jan 26, 13:26

HSX only works like the stock market in some ways. You can create a limit order but it will not affect the price until it is executed. {nm} JDolphin Jan 26, 21:03

Uhh. I think HSX has a glitch. I just signed in to my port (thru the shortcut link) and it took me directly to the feedback page and repost {nm} JDolphin Jan 26, 21:05

reposted this post from 8 hrs ago (and not even my last post) {nm} JDolphin Jan 26, 21:05

HSX only works like the stock market in some ways. You can create a limit order but it will not affect the price until it is executed. {nm} JDolphin Jan 26, 21:15

uh something weird is going on - HSX took me to the feedback page AGAIN and reposted this post AGAIN {nm} JDolphin Jan 26, 21:16

Inside DTravel Jan 26, 13:22

That was a good post - better explanation on some points than mine :) {nm} JDolphin Jan 26, 13:30

Thanks for the help ArmchairInvestor Jan 26, 13:58

many traders buy the stock on ipo day(and hold them) and those shares don't make the price rise (unless after all ipo shares sold) {nm} JDolphin Jan 26, 14:39

There you go, doing it again! :D DTravel Jan 26, 14:49

You don't know it but you're asking about the secret sauce. DTravel Jan 26, 14:46

Ok thanks for the help guys! Feel free to delete the tagged post if needed. {nm} ArmchairInvestor Jan 26, 15:18





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