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I'm sorry, but one trader reversing a stock shouldn't cause the kind of movement that's happening right now.

Posted by: secretstalker (a.k.a TheWeekendWarrior) on Nov 28, 09:18

I just covered and bought MAGIC and drove the price back up something like 60 cents... if the volatility on IPOs is set so low, a couple dozen trades can drive stock prices up or down $5-7 in a matter of no time which I don't think is good for the market at ALL... there are already daytraders taking advantage of this by following the movements on IRC and trading accordingly, which just drives the prices up and down even faster.  It's pretty clear that HSX is now a game merely for those who are around and can trade based on a ticker rather than involving any sort of rhyme or reasons.

I'm sorry, but one trader reversing a stock shouldn't cause the kind of movement that's happening right now. secretstalker Nov 28, 09:18

I've taken a few "readings" and one trade of 75000 shares is enough to move a stock up/down 15 cents. secretstalker Nov 28, 09:52

SS .. are there more than one IRC channel for hsx players? I told you yesterday that I make my trades from the movie stock page because grammar Nov 28, 13:48

Maybe you should stop getting so defensive and stop thinking I'm referring specifically to you or anyone in your IRC channel. {nm} secretstalker Nov 28, 14:32

I'm not being defensive at all and don't feel the need to be. If you know more than the rest of us about some group of players, grammar Nov 28, 15:26

actually, DMac posted that the HSX Ticker (bottom of every hsx page) now runs in real time instead being delayed RazorHawk Nov 28, 16:50

Yes, but as far as I know it still only shows a repeated cycle of 50 trades, so I would call that far from real time {nm} KaiGee Nov 28, 18:06

That ticker isn't even remotely the same thing as one that says "Up" or "Down" whenever a stock reverses position. {nm} secretstalker Nov 28, 18:08

HSX made an announcement that they have changed the ticker to show real time trades RazorHawk Nov 28, 18:30

I know what they said, and I can still look at the source code for the page, last time I looked it was a repeated cycle of 50 KaiGee Nov 28, 19:07

some of the actual ticker code... {nm} KaiGee Nov 28, 19:11

yes, it should be the most recent 50 transactions every time you refresh. {nm} Antibody Nov 29, 10:03

If my comment(s) doesn't/don't pertain to you, then why are you always responding as if it does? secretstalker Nov 28, 18:19





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