Guest guest Posted June 26, 2007 Report Share Posted June 26, 2007 Dear friends, There is a difference between the IPO and first trade. " First, we must differentiate the various terms and horoscopes used. The first-trade horoscope is not the IPO. The intial public offering usually takes place a day or two or three before the stock begins trading.This puts a supply of stock in the hands of large institutions to facilitate trading when the stock opens on the exchange. The most recent first trade is used. For example, Seagate used to trade as SGAT on the NASDAQ. It switched to the Big Board with the new symbol SEG. The latter date is used because listing on the NYSE is a major change that makes the stock more marketable. I have found that there will be shared-degree areas between the old and the new chart, so you pick up the effect or the " echo " of the old chart in the new one through these zodiacal degrees. The horoscope of incorporation has its use in describing the fundamentals within the company. It is not as useful as the first-trade chart in forecasting future price movements. " http://www.astrologyalive.com/Meridian.html The date I have been calling IPO is actually the first trade day, or when the share price is first quoted on the stock exchange. It is this day we are interested to know when the first trade actually took place and cast a chart for this time. We can then compare that chart with a chart that derives from the opening of the market on the same (first trade) day. Best wishes, Thor Quote Link to comment Share on other sites More sharing options...
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