OneSeason FAQ’s

This is a set of FAQ’s that we get asked here at OneSeason Trader all the time.  We will add to this as things come up and it will serve as almost an all in one guide to better help you.

Market Activity

1. What day of the week is usually the most action-filled?
   Definitely Monday’s.  Monday seems to have the most volume of any day.  On the contrary, Tuesdays have proven to be slower days.
2. Why did OneSeason choose to close trading on Saturdays?
   Those chose Saturday’s over any other day because the volume seemed to be lower.  Many will argue that Sundays would be a better day.  They have stated that this may not be permanant but for now, it’s always Saturdays. 
3. How are prices calculated?
   Prices are determined by taking the average of the last 3 trades. 

IPO’s

1. How quickly do I have to request an IPO to receive one?
   This varies from stock to stock. In the first month it seemed that 5 minutes was about the cutoff.  Duringthe end of October and into November it seemed that  2 minutes or so was the cutoff.  Currently, the cutoff was around 15 minutes.  Due to us not knowing the IPO formula 100% – we will never know this time.  We do post a list of the known IPO timestamps for each of the IPO’s and the last person that we know received an IPO.
2. What is the max number of IPO’s I can receive?
   This is a gray area as well.  Currently the max they will ever give is 4%.  This does not mean that for every new IPO, 4% will be given to people.  It’s just the max.  Supposedly OneSeason is giving IPO’s to at least 100 people so this percentage could be as low as max 1% like we saw for PPRC.
3. Are IPO’s really free?
   Yes! When you request an IPO – the $5 gets put into reserved cash. That $5 will be given back to you if a) you do not receive that IPO.  b) When you sell your IPO share.  The one thing to remember is IPO shares are a 5% commission instead of a 1% commission though.
4. How often do they release an IPO?
   We don’t know. They have some formula based on market activity, number of users, IPO requests and more. Your best guess is as good as ours on this one.

Splits and Reverse Splits

1. When do stocks split and reverse split?
   A SOI will split if the “weighted average price over X hours/minutes” is above $20.  A SOI will reverse split if the “weighted average price over X hours/minutes” is below 75 cents.
2.  What happens when a stock reverse splits?
   Let’s say you own 10 shares of a stock.  If the stock closes at 65 cents, the next morning you will have 5 shares but the price will be $1.30
3. What happens when a stock split?
   Let’s say you own 10 shares of a stock.  If the stock closes at $25, the next morning you will have 20 shares and the price will be $12.50 

Checks, Cashouts, Taxes

1. Who do I contact if I have questions about my check?
   Contact support@OneSeason.com