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Your best comment on the situation

Posted by: ndmaster (a.k.a JonHH) on Mar 03, 11:48 in response to secretstalker's post HSX really needs to go back to the old IPO system where...

**I'm soon going to follow suit because I need to go to sleep at a reasonable hour and can't worry about, "Oh, what will the reset traders do tonight?"**

HSX really needs to go back to the old IPO system where stocks halt until reset. secretstalker Mar 03, 04:58

And HSX still hasn't addressed the issue that one person buying/shorting/selling a stock can affect the price. secretstalker Mar 03, 05:00

That was the whole reason for the change. We want price movements to be more granular. Antibody Mar 03, 10:08

Also, another IPO has 11 to 1 shorts than longs and that goes down just .39 at reset? That makes sense. {nm} secretstalker Mar 03, 05:45

Repeat, trading affects price movement, not shares held. {nm} Antibody Mar 03, 10:09

Here is where we do not understand what we thought we knew in the past.... Buy StarBondFund (EURO too) Mar 03, 13:18

Your assumption is/was wrong. :) {nm} Antibody Mar 03, 17:09

So why create the Cantor Exchange, where stock prices actually are affected by people selling/buying... secretstalker Mar 04, 03:00

CX was going to be the real money. As I explain below, this is how IPO and trading in the real world works. Antibody Mar 04, 09:31

You just don't get my point. secretstalker Mar 07, 06:51

You just don't or refuse to get it. The real market start with limited million of shares at the IPO price, which HSX mimics by freezing Antibody Mar 07, 10:26

I just don't understand why shares shorted/sold aren't considered in the limited IPO and only shares bought. secretstalker Mar 07, 11:00

That's also how shorts in the real stock market work. They are merely "borrowed" shares. {nm} Antibody Mar 07, 14:30

Remember when the changes were made..."we'll be watching the boards, so post your thoughts" Ramdadof3 Mar 03, 06:46

The trading mechanism would be exactly the same. You just didn't notice it before when the shares held were not revealed. {nm} Antibody Mar 03, 10:15

I've just long believed that the way the stock market works is that when you have more buyers than sellers/shorters, price should go up. secretstalker Mar 03, 13:32

A set of traders get the initial IPO price just like in the real market. Then market forces take over just like in a real market. Antibody Mar 03, 17:13

Interesting... {nm} Catzan Mar 03, 17:52

Your best comment on the situation ndmaster Mar 03, 11:48

what the reset traders do is usually balanced out by reasoned trading later in the day anyhow {nm} jane_citizen Mar 03, 15:00

Yes, instead of ****ing, we need to look at them as opportunities, especially if there is no reason for the moves! {nm} ndmaster Mar 04, 08:15

I am not reset trading much anymore...I've done it once since spending more time back here. This is about fake money and strategies to make Catzan Mar 03, 17:50





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