Imogene Kimbriel b6tX
24 Posts
Imogene Kimbriel b6tX
19 Following
5 Followers
24 Liked
Posts
#lab Bro, I'm a good guy, can you stop squeezing me? I'm about to crack, I swear I'll never short you again.
$AGT $ESPORTS
It's all about the big players, let's see who's got the bigger moves.
It's all about the big players, let's see who's got the bigger moves.
#ESP Cautiously go long
I feel like we need to think contrarian: who’s gonna short with the current funding rate? The bears who dropped from the highs have already filled their bags and can exit anytime. It seems more like a pump to entice longs, and there are two reasons: first, the bulls want to cash in on the funding rate, and second, there’s a big crowd looking to catch the bottom. But is this really the bottom?
I feel like we need to think contrarian: who’s gonna short with the current funding rate? The bears who dropped from the highs have already filled their bags and can exit anytime. It seems more like a pump to entice longs, and there are two reasons: first, the bulls want to cash in on the funding rate, and second, there’s a big crowd looking to catch the bottom. But is this really the bottom?
#spcx Set your alarm for the opening price
SpaceX is set to go live on the Nasdaq on June 12, with the official opening price expected to be determined between 10:00 AM and 2:00 PM ET (which is between 10:00 PM on June 12 and 2:00 AM on June 13 Taiwan time). The mechanism for determining the opening price of new stocks on the first day differs from regular stocks; here are the details:
1. Why isn’t the opening price set at 9:30?
U.S. stock market opening time: Regular trading starts at 9:30 AM ET (9:30 PM Taiwan time), but new stocks (IPOs) won’t trade immediately when the bell rings at 9:30. Price Discovery Mechanism: Market Makers on the Nasdaq need to match buy and sell orders flooding in from all over the U.S. and even globally after the market opens. Historical fundraising level: Since SpaceX (SPCX) is the largest IPO in history, the subscription volume has been oversubscribed multiple times, creating enormous market demand. Such a heavyweight usually takes longer to match buy and sell orders and find the equilibrium price than regular new stocks.
2. When can investors see the opening price?
Expected range: Based on historical large IPO experiences and exchange practices, the opening price is usually finalized and released for the first trade after 10:00 AM ET, and may even be delayed until before 2:00 PM. Trading advice: Before the opening price is officially set, retail investors can submit Limit Orders or Market Orders, but all orders will be queued in the exchange's backend and will only begin to match in order after the opening price is released.
SpaceX is set to go live on the Nasdaq on June 12, with the official opening price expected to be determined between 10:00 AM and 2:00 PM ET (which is between 10:00 PM on June 12 and 2:00 AM on June 13 Taiwan time). The mechanism for determining the opening price of new stocks on the first day differs from regular stocks; here are the details:
1. Why isn’t the opening price set at 9:30?
U.S. stock market opening time: Regular trading starts at 9:30 AM ET (9:30 PM Taiwan time), but new stocks (IPOs) won’t trade immediately when the bell rings at 9:30. Price Discovery Mechanism: Market Makers on the Nasdaq need to match buy and sell orders flooding in from all over the U.S. and even globally after the market opens. Historical fundraising level: Since SpaceX (SPCX) is the largest IPO in history, the subscription volume has been oversubscribed multiple times, creating enormous market demand. Such a heavyweight usually takes longer to match buy and sell orders and find the equilibrium price than regular new stocks.
2. When can investors see the opening price?
Expected range: Based on historical large IPO experiences and exchange practices, the opening price is usually finalized and released for the first trade after 10:00 AM ET, and may even be delayed until before 2:00 PM. Trading advice: Before the opening price is officially set, retail investors can submit Limit Orders or Market Orders, but all orders will be queued in the exchange's backend and will only begin to match in order after the opening price is released.
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