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Then why did BATS not reschedule their IPO again the next day? First impressions, regardless of how illogical they maybe, play a significant role in group behav

by nanex 14y ago

Then why did BATS not reschedule their IPO again the next day? First impressions, regardless of how illogical they maybe, play a significant role in group behavior. "Even if their had been a glitch?" Really? 3x the open was postponed, followed by 17 seconds of no quotes/trades on ANY stock from Nasdaq, followed by a crossed quote from same exchange, followed by 3+ hours of no quote in FB from the listed exchange.

pgisacock 14y ago
> Then why did BATS not reschedule their IPO again the next day? First impressions, regardless of how illogical they maybe, play a significant role in group behavior. Why reschedule? Who is supposed to benefit therefrom? Why are you trying to predetermine winners? It can't possibly matter for the long-term prospects of the stock, unless the sharp money runs out of bankroll.