Extremely Confused

30 messages, Last post on Apr 04, 2008 at 12:13 PM

You are in the Car Stock Exchange Forum.

What is this discussion about? Future Vehicle

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#29 of 30 Re: Stock price calculation [chung] by mikedrud Apr 04, 2008 (11:49 am)
Replying to: chung (Apr 04, 2008 10:07 am) The stocks move according to "lot sizes". When a certain number of shares are traded in one direction (buys), the stock then moves a certain percentage. For example, for every 2,000 shares that move in one direction, a stock may increase by $0.46/share (just a theoretical example). We have adjusted that over time to make the movement a little less volatile, and we may revisit it so that stocks do not jump so dramatically with each batch trade, etc. Does this makes sense? Cheers, Mike CSX Game Supervisor Replies to this message: chung (Apr 04, 2008 12:13 pm)
#30 of 30 Re: Stock price calculation [mikedrud] by chung Apr 04, 2008 (12:13 pm)
Replying to: mikedrud (Apr 04, 2008 11:49 am) This was exactly what I was looking for and it matches with my assumption. Thanks, Mike

#29 of 30: Re: Stock price calculation [chung] by mikedrud; Apr 04, 2008 (11:49 am)

Replying to: chung (Apr 04, 2008 10:07 am)

The stocks move according to "lot sizes". When a certain number of shares are traded in one direction (buys), the stock then moves a certain percentage.

For example, for every 2,000 shares that move in one direction, a stock may increase by $0.46/share (just a theoretical example). We have adjusted that over time to make the movement a little less volatile, and we may revisit it so that stocks do not jump so dramatically with each batch trade, etc.

Does this makes sense?

Cheers,

Mike
CSX Game Supervisor