HSX Forum

Playing & Trading Strategy

That's a silly thing to say. There are still ways to make money from IPOs. People are just really impatient and want the gains now instead

Posted by: accountant_4_Jesus (a.k.a AwardsFund) on Mar 26, 21:03 in response to JDolphin's post If it drops before it goes up anymore - it's the last IPO...

of having to be patient and wait it out. Every single big IPO recently (priced at more than $70 on IPO) has taken a little while to move, but has provided solid short-term gains. It's just the people that panic at the slightest movement that lose money when they sell out of it. Do some research, find out which way people normally play IPOs (I have a fairly good idea personally from research I've done) and the directions they go after reset, and play accordingly.

What's the short term upside on HGAME3? JohnnyGodard Mar 26, 19:39

That's because of the "brakes". Who knows when the brakes will release. If they do, it will keep going up. If it drops, it will drop fast. {nm} PVL Admin Mar 26, 19:50

If it drops before it goes up anymore - it's the last IPO I'll ever buy. {nm} JDolphin Mar 26, 20:52

That's a silly thing to say. There are still ways to make money from IPOs. People are just really impatient and want the gains now instead accountant_4_Jesus Mar 26, 21:03

Well said {nm} blaze223 Mar 26, 22:48

I disagree - 80 millon shares and only $3 is ridiculous. The hassle and ridiculous unknown unfathomable secret rules are not worh it. {nm} JDolphin Mar 27, 00:58

Beyond ridiculous. {nm} JDolphin Mar 27, 00:59

I agree with jdolphin. Since HSX changed all people want is the quick buck and all the skill has gone from this game now. swordfish1 Mar 27, 09:55

Does it take a lot of skill to jump on a sequel/threequel to a big hit? alfpaulytd2012 Mar 27, 09:58

nope and that was my point. {nm} swordfish1 Mar 27, 12:00

so how is it agreeing with jdolphin when he thinks the brakes are a bad thing and preventing the "unskilled" quick buck? alfpaulytd2012 Mar 27, 12:05

Brakes are not a bad thing. Brakes to this extent are bad thing. If HSX doesn't want the stock jumping madly then make a 24 hr IPO {nm} JDolphin Mar 27, 15:07

Or price it higher. 170 was a no brainer buy. 250 would have made people think twice. {nm} JDolphin Mar 27, 15:18

My idea isn't to do that, it's to not have a limit at all for IPOs. Let the market forces dictate how far it goes after the first sale. {nm} accountant_4_Jesus Mar 27, 15:38

I would like to take this opportunity and go on record as preferring the brakes left in the "on" position. {nm} arf Mar 30, 17:36





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