ST Alpha - "3/4 of the GOTG2 IPO shares have already been sold at the opening price. -- nm" (Reading a Post)

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3/4 of the GOTG2 IPO shares have already been sold at the opening price. -- nm

Posted by Peglegpete (aka peglegpete) Sep 13 '14, 14:37

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Responses:

hardly any short -- nm - zeitgeist Sep 13, 15:30
Um ...wait when did HSX limit the amount of shares that could be sold on a movie stock? -- nm - eag Sep 13, 15:02 15
- It's not limited overall, just limited at the IPO price. - Cuzzin Todd Sep 13, 15:18 14
  - When did they start doing that -- nm - eag Sep 13, 15:24 2
    - Sometime between 2008 and when Godzilla opened this year. -- nm - Cuzzin Todd Sep 13, 15:27
    - I noticed it a few months back. I am not sure then they started this policy -- nm - Peglegpete Sep 13, 15:25
  - what date and time do they IPO now? What' the cap before it starts moving? - Mel Profit Sep 13, 15:21 10
    - Noon eastern and it goes 'live' whenever the last shares sell. -- nm - Will Hunting Sep 13, 16:36
    - I think 11AM CT, but don't quote me on that. I know I've tried to buy it early and been unable to do so. - Cuzzin Todd Sep 13, 15:23
    - noon saturday east coast. -- nm - Peglegpete Sep 13, 15:22 7
      - 120M..96M have been sold so far. -- nm - Peglegpete Sep 13, 15:24 6
        
        120M or 150M? - IrishStephen Sep 13, 16:29 1
        
        Nevermind. Realized the 120M was referring to number of shares, not IPO price. -- nm - IrishStephen Sep 13, 16:32
        
        Ok, that number doesn't totally seem unreasonable. -- nm - Mel Profit Sep 13, 15:30 3
        
        next weeks Sandy Bullock IPO cap before moving is 50M shares sold -- nm - Peglegpete Sep 13, 15:36 2
        
        ah, it's movie specific. -- nm - Mel Profit Sep 13, 15:47 1
        
        I had no idea about this. -- nm - Andie Sep 13, 17:01
HSX is apparently down as well at the moment. -- nm - Will Hunting Sep 13, 14:46 1
- probably Spawn crashed it, trying to buy ALL the shares. -- nm - mud Sep 13, 14:56

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