One thing that frustrates me, when there is a stock I really want to own, but life just gets in the way, is not being able to bet on which way it will move (and face it, that's what we're all here for) until it's too late. If I am gone for the entire day, or without a computer for a week, it can really impact my stragety.
I actually like the idea of the IPOs moving almost immediately (as soon as a set amount are traded), but it can really shut out those of us who have jobs that keep us from HSX until well after everything is decided.
I don't know if this would work (as HSX would start to resemble computer trading in the real world), but one thing I always felt would add to the experience here would be the ability to set limit orders on IPOs. It would still require us to think (and to set the price we feel the IPO is worth, or risk overbidding for the stock), but I think the one thing that would improve my exprience here is being able to set limit orders so I can go on with my real world life, and still be a full participant here.
Anyone else agree? How about disagree? I'd love to see if others agree with me, or if I am alone in my opinion. And for the admin, would this be something you could do and/or would consider?
Thanks.