HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Well, if you put it like that
then I would have answered:
IPOs trade differently than regular stocks in HSX's "market". I would assume that they have formulas or "breaks" with relation to their penny stocks and varying degrees or market level caps as well.
I'm sure you probably think back on the days when the market went wild on the weekends when blockbusters IPOd on Saturdays and with free commisions the stocks went wild. But this game has changed (good or bad, could care less) and they have curbed that volatility.
Now with regard to what I thought was a witty, sarcastic statement that replyed to your STATEMENT, not your actual question. IPOs in the real world are super regulated, take months to years of pre-planning and issue a stated number of shares. And there are announcements, regulatory issues, etc dealt with b4 they issue more shares, not to mention board approvals/preferred voting etc for the companies themselves.
This is a fake game. No real money is transacted. No homes are put up as collateral. If this market goes out, a couple of people will be bored whereas a real world maket shutdown would cause some panic.
There are no set pieces in this game b/c its just a game. HSX can and will do what it wants, and I'm personally ok with that. Adjust and move on.
IPO movement? Mar 26, 15:41
??? It has moved. {nm} Mar 26, 15:56
$2!! Mar 26, 16:07
great observation......you should report HSX to the SEC under the "ITS A FREE GAME" statutes Mar 26, 16:13
Why be %#^& Mar 26, 16:15
Its just you're applying real world market principles to a fake money market....your analogy doesn't hold water Mar 26, 16:16
I understand it's a fake money market Mar 26, 16:27
Well, if you put it like that Mar 26, 16:50
Very well said. Thank you. Mar 26, 16:30
The first 90M shares don't matter, they don't affect the stock's movement. So its moved ~$2 on ~67M bought/sold. {nm} Mar 26, 19:20