Inside its fourth quarter sales report, Ubisoft has announced that its action-packed air combat title, Tom Clancy's HAWX, reached its set target of one million sell-in units.
@wrangler_smoked, I don't think you need complex preference to short, I believe you can do it using basic. Just enter the shares you want to sell (even if you don't any in the stock). Later on when the stock is valued as low as you think it can go, buy back your shares at the lower price. Although I highly recommend migrating over to the Advanced Trading preference, it will make you a better trader by being able to see all the offers out there & you can submit orders to buy or sell at a certain price. See here.
From the Help Section: Short selling is an important part of trading. Basically, it is selling stock you do not own. On the simExchange it is what to do if you think a forecast is too high (a stock is overvalued). Sell high, buy low. To short sell on the simExchange, just sell stock as you would if you owned shares. To close your short sell position, simply buy back the shares. Also check out short selling and margin topics here
@oznerol, Yes it adjusts it but not enough in some cases, even Kult of Cows acknowledged that and said he is trying to make it more sensitive. I'd be very surprised if it scaled down that much on its own, but maybe KoC has fixed it.
No, the new IPO system auto-adjusts the price after the initial IPO phase to a new price based on how much it was bought/sold during the IPO.
So in the case of this game - it was initially offered at 250 - far more people shorted it than bought - so when it was finally opened up for regular trading, the price was adjusted accordingly.
I believe it was ~135 or so. Then it got traded down to the current 115. So like I said, at most people made ~45% on the 250K DKP cap they shorted, and then had to short at the new 135 price.
@oznerol, Unless 1 or a few people then shorted it from 250 million down to 115 million themselves once the IPO ended. Whoever keeps being able to log on when the IPOs end is making a killing.
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