Stock Market Game - Page 13 - RC-Monster Forums

09.16.2009, 05:57 PM

Just joined

I have always been interested in the stock market, but know very little about it. This looks like a great way to learn. Thanks.

lutach · 09.16.2009, 07:59 PM

Quote:

Originally Posted by Daytona675

Just joined

I have always been interested in the stock market, but know very little about it. This looks like a great way to learn. Thanks.

Welcome aboard.

lutach · 09.17.2009, 10:30 AM

Nice move to third place Finnster. I would be in a nicer position if I had held my LVS and DRYS

. I'm riding the Lehman wave and it's fun, it topped out at $0.20 and I hope it goes higher. I'm glad I sold my Juniper position for a little profit, I just hope I made the correct move on it. The way things are going, in no time you'll be surpassing me.

Finnster · 09.17.2009, 11:53 AM

Quote:

Originally Posted by lutach

Nice move to third place Finnster. I would be in a nicer position if I had held my LVS and DRYS

. I'm riding the Lehman wave and it's fun, it topped out at $0.20 and I hope it goes higher. I'm glad I sold my Juniper position for a little profit, I just hope I made the correct move on it. The way things are going, in no time you'll be surpassing me.

I must have missed the upswing, but I still show 4th. Not too far behind tho, 0.5%. If stupid SYMX would get in gear I could do it. 1.17 sucks. Lots of resistance @ 1.4 tho. More of a long term play, so no so sure how good it will be for the game. I'd really like to see a move to 1.6-2, then we will see from there. Sold some good stocks at the same level to get it (ie AEZ) and its now trading @ 2. Damn.

Still got some headroom on some of my stocks. I'm really looking at PNX to breakout to $5-6. We're at the resistance level of 3.5. Needs some good news and we are off. Then the party starts.

No way in hell I'm coming close to you tho. You are too kind. A move to $3M isn't impossible tho, but lots of things have to go well.

I've altered my strat a bit. I'm trying to collect some other stocks w/ potential on margin as things move up, rather than trading from one to another. Should be good as things keep moving en masse upwards. Watching out for Oct/Nov tho! Can't continue like this forever.

lutach · 09.17.2009, 12:17 PM

Quote:

Originally Posted by Finnster

I must have missed the upswing, but I still show 4th. Not too far behind tho, 0.5%. If stupid SYMX would get in gear I could do it. 1.17 sucks. Lots of resistance @ 1.4 tho. More of a long term play, so no so sure how good it will be for the game. I'd really like to see a move to 1.6-2, then we will see from there. Sold some good stocks at the same level to get it (ie AEZ) and its now trading @ 2. Damn.

Still got some headroom on some of my stocks. I'm really looking at PNX to breakout to $5-6. We're at the resistance level of 3.5. Needs some good news and we are off. Then the party starts.

No way in hell I'm coming close to you tho. You are too kind. A move to $3M isn't impossible tho, but lots of things have to go well.

I've altered my strat a bit. I'm trying to collect some other stocks w/ potential on margin as things move up, rather than trading from one to another. Should be good as things keep moving en masse upwards. Watching out for Oct/Nov tho! Can't continue like this forever.

I'm just going to hold what I have of PNX and maybe later buy more high risk stocks. I'm really hoping for a steady climb up, but history can repeat itself again. I like holding many positions as anything can happen with good news or good rumor nowadays. I'm thinking of doing some homework on a few Pharmaceuticals to see which one will probably give me the biggest gains. What I've seen on a few is that any good news, trials, FDA submission and/or approvals have made the stocks sky rocket. It's very tough picking the right one though.

lutach · 09.17.2009, 03:44 PM

Looking good again Finnster. I had to make a move and bought a few shares of MSFT and a few expensive OTC stocks and I found a few more and will buy them soon. The Brasilian stocks listed in the OTC hard didn't went through so a caneled some and some expired, but I'll keep trying. I also just purchased 1000 more BRK.B, but have to wait and see if that will get filled. I will study a few high risk stocks and reorganize my picks and I'll be setting my goal for above $100 million clean.

lutach · 09.17.2009, 06:48 PM

I think I found the most expensive OTC stock. It's AMFI Corp. (AFIPA) trading at $59,800.00. I also just found out that you can own the Indians (INDN) for a nice $24,700.00 per share lol.

What's_nitro? · 09.18.2009, 03:44 PM

I think there is a glitch in my portfolio... It is telling me I don't own the 12500 shares of CMCSA (that I bought on 8/11), that the value is $0.00, and that I'm -$185,250. The stock is at $17.29 atm and I bought it for $14.82.

If the glitch was fixed I'd be in 9th place with ~$1,263,295!

lutach · 09.18.2009, 03:56 PM

Quote:

Originally Posted by What's_nitro?

I think there is a glitch in my portfolio... It is telling me I don't own the 12500 shares of CMCSA (that I bought on 8/11), that the value is $0.00, and that I'm -$185,250. The stock is at $17.29 atm and I bought it for $14.82.

If the glitch was fixed I'd be in 9th place with ~$1,263,295!

I saw that one and you should send an e-mail to spacheco@marketwatch.com and have her fix it. It happened to me a few times and is happening now as well, but I'm not too worried about it lol.

Finnster · 09.18.2009, 04:15 PM

I've noticed glitches here and there. Clody had one the other week that put in in last or first to last. Got fixed and he had tons of dough after. I've had one or two but they get worked out fairly quickly.

Finnster · 09.21.2009, 10:16 AM

I'll have to look at some OTC or small stocks again. I had a few of those, but as I said earlier, the volume limits always made them hard to play with in the game the way I was doing it.

However, I've had a few pay off pretty well recently (tho not like Luc's Juniper.) The GRMH I had been trying to accumulate (and often accidently sold when meant to buy when the error screen popped up I was over the volume limit reverted back to the default of "sell"

) took off recently from $2 to $3.4 and moving. Since I'm just trying to build on margin, it way work better as I don't have to worry about cashing out so quickly.

I have a bit of this in real life. A silly low number of shares, but maybe I'll cash them out here a bit and buy myself a 1527 for my Savage XL.

[edit: that wierd, I wrote this Fri and it didn't post]

lutach · 09.21.2009, 10:32 AM

Quote:

Originally Posted by Finnster

I'll have to look at some OTC or small stocks again. I had a few of those, but as I said earlier, the volume limits always made them hard to play with in the game the way I was doing it.

However, I've had a few pay off pretty well recently (tho not like Luc's Juniper.) The GRMH I had been trying to accumulate (and often accidently sold when meant to buy when the error screen popped up I was over the volume limit reverted back to the default of "sell"

) took off recently from $2 to $3.4 and moving. Since I'm just trying to build on margin, it way work better as I don't have to worry about cashing out so quickly.

I have a bit of this in real life. A silly low number of shares, but maybe I'll cash them out here a bit and buy myself a 1527 for my Savage XL.

[edit: that wierd, I wrote this Fri and it didn't post]

I got lucky.

I wish this game was a little better, but it's much better then another one that I'm playing. I like to play high risk stocks as they can sometimes do crazy things. Lehman for example, I've bought it at $0.03, $0.04 and $0.05, but since I hold more at $0.05, that's where I stand with it. I now have to make a decision if I should sell WAMUQ or keep it and this is where the fun begins

. If this game was much closer to real life, it would be awesome. I don't like the 20min delay specially when you're trying to sell a stock. My friend was up nice with Lehman and he sold it, but with the 20min delay he lost over $300K.

Finnster · 09.21.2009, 11:23 AM

The 20min delay is a big PITA for short term stuff, or trying to squeeze the most out of the stocks. There has been a few times I saw something moving and wanted to buy/sell, put in a reasonable limit, and the order never goes thru. I hate putting market orders in for alot of things due to this. I'm glad its not too complicated w/ options and all those other things, but the time delay can be a real killer.

lutach · 09.21.2009, 11:40 AM

Quote:

Originally Posted by Finnster

The 20min delay is a big PITA for short term stuff, or trying to squeeze the most out of the stocks. There has been a few times I saw something moving and wanted to buy/sell, put in a reasonable limit, and the order never goes thru. I hate putting market orders in for alot of things due to this. I'm glad its not too complicated w/ options and all those other things, but the time delay can be a real killer.

If there were no 20min delay, I would play this game like a day trader, but since there's a delay, I just hold my positions.

lutach · 09.21.2009, 02:45 PM

It looks like I hit the sell button on WAMUQ at the perfect time. Lucky move on that one. I'll watch it to see how low it'll go so I can get back in lol. Should I just walk away though with the profit I made on it? Let me know what you guys think.