ST Alpha - "In current HSX land, MALEF is still trading (STILL hate that new rule). The Opening Weekend Warrant (which did halt yesterday) is close." (Reading a Post)

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In response to "Let's try that again, so that makes Malificent a Long? -- nm" by IrishStephen

In current HSX land, MALEF is still trading (STILL hate that new rule). The Opening Weekend Warrant (which did halt yesterday) is close.

Posted by ty97 May 31 '14, 06:21

It halted at 67.53, so depends what final estimates look like, but probably a small long.

The call/put strike was 60 so the call (halted at 4.30) should easily win there.

The Moviestock itself (doesn't halt until later today. Stupid, stupid rule) is at 175.91, or 65.15 opening weekend.

Responses:

Why even have a halt if they're doing it on Sat.? We know the weekend numbers by the morning and people can adjust their holding. - Krusty May 31, 07:14 1
- Because this way traders "get it right" more foten. Good for selling us for HSX. -- nm - Spawn Lord May 31, 08:59
I'm seeing 158.65 as the current price for the Moviestock. - IrishStephen May 31, 06:24 6
- Ok, nevermind, guess I needed to refresh the page, it is at around 176... -- nm - IrishStephen May 31, 06:28 5
  - And oddly going down? I guess people think the weekend IM will be bad. -- nm - ty97 May 31, 06:29 4
    - Profit-taking. The moviestock went up ~$20 yesterday. -- nm - Roger More May 31, 06:53 3
      - Ahh, that makes sense. Didn't realize it jumped that much. Also.. - ty97 May 31, 06:55 2
        
        Not usually, but there were some big swings yesterday - BRLNC for example. - Roger More May 31, 07:03 1
        
        Right? Someone needs to train these newbs - ty97 May 31, 07:51
That said, it has definitely been a long this week. Was at 138.45 on 5/25 -- nm - ty97 May 31, 06:22 1
- it has definitely helped make my port happier this week. i think i'm giong to go ahead and dump it today though . . . - i'm not dead yet ! May 31, 06:36

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In current HSX land, MALEF is still trading (STILL hate that new rule). The Opening Weekend Warrant (which did halt yesterday) is close.

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