HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Here is where we do not understand what we thought we knew in the past....
If the price were not frozen, the 11 to 1 should have put pressure on the downward side. (or 11 to 1 long pressure the other way.)
I always thought that the "pressure" would get released in that direction once the prices were unfrozen. That seemed to be the way it happened in the past. People bought the IPO, it went up.
It is very counter-intuitive for the twins not to shoot the price up when all of the trades made point the security in that direction. (or down for heavy short trading.)
Now that we can see the number of shares held each way, we should be able to intuit the direction of the initial movement.
Of course, just as all restauants in the future will be Taco Bell, all IPO's in the future seem to be short. (Not thaat that was not the case in the past, it is just happening way too soon_
Just tell me where I am wrong.
HSX really needs to go back to the old IPO system where stocks halt until reset. Mar 03, 04:58
And HSX still hasn't addressed the issue that one person buying/shorting/selling a stock can affect the price. Mar 03, 05:00
That was the whole reason for the change. We want price movements to be more granular. 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} Mar 03, 05:45
Repeat, trading affects price movement, not shares held. {nm} Mar 03, 10:09
Here is where we do not understand what we thought we knew in the past.... Mar 03, 13:18
Your assumption is/was wrong. :) {nm} Mar 03, 17:09
So why create the Cantor Exchange, where stock prices actually are affected by people selling/buying... 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. Mar 04, 09:31
You just don't get my point. Mar 07, 06:51
I just don't understand why shares shorted/sold aren't considered in the limited IPO and only shares bought. Mar 07, 11:00
That's also how shorts in the real stock market work. They are merely "borrowed" shares. {nm} Mar 07, 14:30
Remember when the changes were made..."we'll be watching the boards, so post your thoughts" 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} Mar 03, 10:15
Interesting... {nm} Mar 03, 17:52
Your best comment on the situation Mar 03, 11:48
what the reset traders do is usually balanced out by reasoned trading later in the day anyhow {nm} 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} Mar 04, 08:15
