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Then why didn't the stock move more than 1.87? Plenty of other stocks moved up and down yesterday - if there is nothing unique about post

Posted by: JDolphin on Sep 14, 18:50 in response to Antibody's post Your assumption is wrong. There's no "unique"...

IPO then GOTG2 should have moved like other stocks which it obviously didn't.  Instead it was 13 hrs later until it started to zoom up.  What was so particular about that time.

They line in each IPO stock says after all shares sold then stock will be sold at Market Prices yet HSX did not allow the market purchases to move the stock.

Dear HSX - why set a IPO share amount if you aren't going to let the stock move after that amount is reached? 17 million more only 1.70 up {nm} JDolphin Sep 13, 21:34

"How poor are they that have not patience. What wound did ever heal but by degrees?" - W.S. {nm} ryeontherocks Sep 13, 22:13

One cannot but admire that first fresh prince. {nm} second gary Sep 14, 08:23

In a thread a couple months ago about price movement someone said you shouldn't ask about "the man behind the curtain" {nm} MattW Sep 13, 22:55

I know, if they have to answer one question, then they may have to answer 2.... {nm} Mealticket Sep 14, 10:17

I think there was something said about when the price of the stock is higher, it takes more shares to generate movement, {nm} Dorfman Sep 14, 06:31

I don't think that makes that much sense, though. To use a hypothetical example: Ruthian23 Sep 14, 09:56

You're last line is exactly my point - I just want HSX to be honest about when they are actually going to let the price move {nm} JDolphin Sep 14, 10:22

Your assumption is wrong. There's no "unique" setting for securities that exceed its IPO shares. {nm} Antibody Sep 14, 11:12

Then why didn't the stock move more than 1.87? Plenty of other stocks moved up and down yesterday - if there is nothing unique about post JDolphin Sep 14, 18:50

Its known that its not just how many shares but also how fast or slow they are bought that are factors. DTravel Sep 14, 11:48

I've heard that except - yesterday 23 mi shares after IPO vs 21 mil today - 1.87 change vs .8.48. {nm} JDolphin Sep 14, 10:19

Gotta agree with DTravel too. i belive how fast or slow they are bought has something to do with it too. Dorfman Sep 15, 06:38





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