ST Alpha - "It's not limited overall, just limited at the IPO price." (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Login
Create Account

Search Dr. S. Talk
TT/ST Wiki
How Well Do You Know ...

RSS Feed

Hosting by DigitalOcean

Support ST on Ko-Fi

Down to Post

Backboards:

Posts: 151

In response to "Um ...wait when did HSX limit the amount of shares that could be sold on a movie stock? -- nm" by eag

It's not limited overall, just limited at the IPO price.

Posted by Cuzzin Todd (aka cuzzintodd) Sep 13 '14, 15:18

Once that quantity is sold the price starts moving.

Responses:

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

Post a message top

Replies are disabled on threads older than 7 days.