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There were only a couple hundred thousand shares short when I shut off my computer around 11PM last night.

Posted by: secretstalker (a.k.a TheWeekendWarrior) on Jan 16, 06:36 in response to Hooray360's post There's no point in buying IPOs, not when 28M are holding...

All it takes one moron to hit "short" on the stock page after 3AM Eastern and everyone else will follow, panic ensues, and then the IPO drops dramatically the next day rather than going up. And you're right, there's no point wasting money on IPOs anymore... it's all about "Buy it while you can still get it at the IPO price!" Wait a day or two and you can get it cheaper.

There's a typo in the description for UNDRC. Currently reads"... battle with hhs ex-wife..." {nm} photochick814 Jan 15, 19:02

It also doesn't mention that the people who buy the 30,000,000 shares will get f*cked up the @$$ at reset when one person shorts it. {nm} secretstalker Jan 16, 05:09

There's no point in buying IPOs, not when 28M are holding an IPO long and 3M are shorting it and it tanks. Hooray360 Jan 16, 05:29

There were only a couple hundred thousand shares short when I shut off my computer around 11PM last night. secretstalker Jan 16, 06:36

They've made the game all about daytrading and reset trading now. Yay. {nm} Hooray360 Jan 16, 07:38

And most of that drop was at reset... despite over 3,000,000 shares sold since this morning, it has barely dropped any further. secretstalker Jan 16, 10:55

don't you get it yet? the shares that are sold on the IPO don't move the price, it is the trading after the IPO that does.. ndmaster Jan 16, 07:35

Agreed. I stopped buying IPOs until I see what direction they go at reset, since IPO sales are not factored in. It is what it is... {nm} Port Value League Admin Jan 16, 10:01

The point is to buy them at the IPO price... period. That's why they've set a limit of the number of shares that can be bought at the price. secretstalker Jan 16, 10:53

if you think its undervalued, sure, but you must learn that the pre-IPO buying does not effect the post-IPO price ndmaster Jan 16, 11:49

I don't think its that we don't get it, its that we don't agree with it working that way. DTravel Jan 16, 12:01

400 traders thought it was worth buying at $30. 20 traders decided to short it at reset to make money by driving the price down. secretstalker Jan 16, 12:13

hsx wants players to log in and buy that days ipo. by disregarding pre-reset trading, hsx is effectively penalizing islander Jan 16, 12:13

Exactly. You get what I'm saying and I appreciate that. {nm} secretstalker Jan 16, 12:19

I agree with this too. It shouldn't work this way but it does. That's why I changed my strategy. Unless it's an IPO I intend to hold 4 term {nm} Port Value League Admin Jan 16, 12:28

Players that rush to buy IPO Shouldnt be penalized, they should be rewarded. Otherwise, what incentive exists to buy on IPO day? {nm} Port Value League Admin Jan 16, 16:04

how HSX makes the initial IPO value for moviestock? cxc411413 Aug 10, 12:55

Just try to guess how the reset traders will move the market and play accordingly. Or throw your hands up in disgust and say **** it all. {nm} Hooray360 Jan 16, 11:54

if you start correcting the movie synopses, you will be here for a loooong time {nm} jane_citizen Jan 16, 13:58





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