HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
IPOs only move when the stock is sold out
For HSX, this only includes longs. And, it only moves on shares traded once it is sold out. So, for a MST with a 5 million share IPO, once 5 million shares are bought LONG, it becomes available for price movement. Only trades from that point forward effect the stock price. 50 million shares could have been shorted before it was active and that has no effect on the stock price. Odd, but its how its done around here. And, there's the secret sauce in the mix, too.
** This post has been removed by the forum moderator! ** Aug 28, 10:23
Prices move based on today's trades, not shares held or traderd yesterday. {nm} Aug 28, 10:35
IPOs only move when the stock is sold out Aug 28, 10:37
The stock IPOed yesterday. {nm} Aug 28, 10:39
Am I not correct that if it sells out, the stock starts moving? {nm} Aug 28, 10:42
The question is about today's movement. It didn't sell out yesterday. {nm} Aug 28, 11:16
Nice non-answer to my question. {nm} Aug 28, 15:00
You answer a question that jode0125's didn't ask. {nm} Aug 28, 15:02