HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
You just don't get my point.
You've set up an IPO system where a certain number of shares need to be BOUGHT before a price will move and if you don't buy before that movement, you will have to buy it at a higher price later. When limited releases are IPOd, you could have millions and millions shorting it, but the price won't move until 2,000,000 shares are BOUGHT. You're setting up a system where people are forced to buy the IPos and then you don't have a system in place to keep everyone from losing their money when one person decides to short at reset and the sheep follow driving the price down. This has nothing to do with regular reset trading/daytrading but the behavior of IPOs under this new system. It's not a proper system because if millions of people buy an IPO on the stock market, the price would go up based on those purchases, not down. HSX really needs to fix the governor on trades because one trade by one trader shouldn't be enough to move a stock even a penny and that's clearly a problem with the current system.
As far as the IPOs, I think you should just go back to halting them until reset and then let them act as they would normally. This new system is creating really bad market fluctuations that are not accurate to supply and demand (look at the Saturday IPO which dropped a bunch of dollars on Sunday and then went up $15 from its IPO price)
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