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All the small ports sell/cover everything they own to buy one stock, today's IPO. I don't get the logic {nm}

Posted by: Chimpmuck (a.k.a psisson) on Aug 12, 12:48 in response to -JPV-'s post Nope. Seasonal adjustment.

What the HELL happened today?!!! 3mil loss! unaturalx Aug 12, 11:15

Sell off of high priced stocks with far off release dates to buy WOND2 IPO. Not unusual for big IPO's. {nm} soupcam Aug 12, 11:17

It has nothing to do with the IPO. Seasonal adjustment. -JPV- Aug 12, 11:18

You don't find today's IPO being the price it is having anything to do with it? It's got at least SOMETHING to do with it LOL! {nm} goodvibe61 Aug 12, 11:23

Whatever the cause, my port runs red with the blood of studio tentpoles. {nm} soupcam Aug 12, 11:31

Nope. Seasonal adjustment. -JPV- Aug 12, 11:42

what is seasonal adjustment? {nm} latafilms Aug 12, 12:29

It's a bit of a joke whenever we get these high priced IPOs. I am a bit surprised at how drastic the drops are. -JPV- Aug 12, 12:37

All the small ports sell/cover everything they own to buy one stock, today's IPO. I don't get the logic Chimpmuck Aug 12, 12:48

Anyone having to sell off tentpole stocks to buy WOND2, shouldn't be holding those stocks in the first place. {nm} Flash Aug 12, 13:21

The second one in short order as well. GOTG3 debuted on the exchange recently as well. {nm} tradermark Aug 13, 06:04

6.6 here. Yuck. {nm} bigshaunu Aug 12, 11:35

Must have forgot the memo...................what's the sell off? {nm} AgentEvil Aug 12, 12:06

Today's HSX sell off is due to bad weather. {nm} THXER Aug 12, 14:49

Also due to the North Korea situation, most likely... THXER Aug 12, 14:50

There's also that eclipse next week so... {nm} THXER Aug 12, 14:51

One of the worst sell offs in quite a while. Traders love WW I guess. {nm} skunkrunner Aug 12, 15:20

Have to think one difference from last week's IPO (GOTG3) is WOND2 has a release date. {nm} -JPV- Aug 12, 15:27

(GOTG3) might have slurped up the Cash On Hand with many Ports who now had the Sell in order to Buy. {nm} RotoHockey2013MainPort Aug 12, 17:05

Very true. {nm} -JPV- Aug 12, 22:25

No big deal, actually good buying opportunity imo {nm} Sleprock Aug 12, 15:42

Amazing how it's reflecting on funds, I had never seen them almost all in the red {nm} fwerner Aug 12, 17:25

I don't remember a bigger drop like this in the last two years... 3.3 down. Hate those tiny ports. {nm} Filmstardust Aug 12, 19:14

I blame the failed environmental policies of the Bush administration. {nm} davmoo Aug 12, 22:55

It's the Wonder Woman IPO {nm} eternal warrior Aug 12, 22:58

Negative $7.9 mil my final tally when trading ended for the day. Ugh 😑 {nm} lagunacat Aug 13, 07:16





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