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How do players deal with an IPO bloodbath day, like today?

Posted by: jjmarino on Aug 25, 19:00

I chose to shop for a few big-budget movies opening in the next 3-6 months, figuring that their prices were temporarily less inflated compared to projected adjust.

Obviously, I only looked for stocks I thought were trading below adjust/delist price, and only for stocks that had taken a significant percentage hit today. And the closer they were to release, the better.

Also, I held all of my own bloodbath stocks, because anything I considered worth buying and holding is something that I think will make today's loss back, and more.

What did you do, or what have you done on other days when big IPOs caused other stocks to nosedive?

How do players deal with an IPO bloodbath day, like today? jjmarino Aug 25, 19:00

I play "long strategy" so I just ride it out. "This too, shall pass." {nm} DTravel Aug 25, 19:13

Just curious, where does the new money come from to make up for all these loses? nanomurf Aug 25, 21:51

HSX is a pretty inflationary economy. Adjusts add big money. As does every new port. {nm} jjmarino Aug 25, 21:57

DMac has the secret H$ printing press running 24/7 :D DTravel Aug 26, 10:34

Plus, it's not really that much money, compared to overall port size. I'd hope active traders would have lost less than 1% of their port {nm} Roger More Aug 26, 13:43

it just drains me pretty much and I loose interest. ive lost so much over the month seriously thinking about quitting now {nm} swordfish1 Aug 26, 15:13

Repeat after me: "It's ONLY play money...it's ONLY play money!" THAT should help! :-) {nm} Flash Aug 27, 08:03

it just drains me pretty much and I loose interest. ive lost so much over the month seriously thinking about quitting now {nm} swordfish1 Aug 26, 15:13

it just drains me pretty much and I loose interest. ive lost so much over the month seriously thinking about quitting now {nm} swordfish1 Aug 26, 15:14

swordfish u need take vacation from hsx {nm} mike255 Aug 27, 06:03