Stock Market Game

[bdebde]

How long you been at the game lutach? You have made an awful lot of $! I think I have been a little over 90 days.

[lutach]

Originally Posted by bdebde

How long you been at the game lutach? You have made an awful lot of $! I think I have been a little over 90 days.

I started around 90 days after my friend did. I set up the game to show him the risk involved if one doesn't know what to do and he's in last place right now . I haven't done much research at all and if I went with my original picks, that number you see there would've been twice as much. Now my friend knows what it's involved to play the real stock market and now he said if one day he has money to spare, he'll do it (If I give him some good choices ).

[What's_nitro?]

I've finally made it back to the green numbers!!!! :wooohooo:

[lutach]

So, does anybody know what actually happen today? When I left my house early today to go to the indoor track, I was negative and when I went to check to see what damage was done, I was actually up 6.9%. I hope I stay above 1000% to the end of the game lol.

[What's_nitro?]

Originally Posted by lutach

So, does anybody know what actually happened today?

I commanded all to buy, and my will was done. I'm up to 9th!

[lutach]

Originally Posted by What's_nitro?

I commanded all to buy, and my will was done. I'm up to 9th!

If only some of my stocks turn positive .

[What's_nitro?]

Yeah Lehman is killing you...

[What's_nitro?]

I'm waiting for A123's stock to come to market.....

[lutach]

Originally Posted by What's_nitro?

Yeah Lehman is killing you...

Lehman was just a goal I had to set lol, wanted to get 100 million shares of it. I'm very surprised MPhase is not moving up, it's a company with a great technology. Dryships is the one actually killing me. I'm currently just betting on some of the losers of the day to see if they can rebound. Hope I have some buying power today lol.

[lutach]

Originally Posted by What's_nitro?

I'm waiting for A123's stock to come to market.....

Invest now!!!! Don't wait for them to become public. Give them a call and see how much they'll accept from a new investor. They've been listed in the IPO list for a while now, but nothing is happening.

Edit: They might go by AONE.

[What's_nitro?]

I don't have a real-life portfolio... :(

[lutach]

Originally Posted by What's_nitro?

I don't have a real-life portfolio... :(

How far are they from you? Stop by there and see what it takes, it's better to get in now then after they go public. That's where the real money really is.

[Finnster]

Uk, I was doing really well last week, but some things came up and I got hammered this week. I knew one of my major positions was going to post bad Q2's, and I debated whether to sell out before the earnings report. It was up over 45% in the last 2wks. I decided to hold on to it and not trade myself out of my position, and it did get creamed.
There are somethings going on in the company, not sure if news was going to get posted up here soon, or at all before the game runs out. We shall see.

Worse yet, is I get kinda frustrated w/ the interface and timing delays sometimes. As in the stock above, I did put a limit order in about 10min before the open to buy more shares when it was due to tumble on the open, but the order didn't get filled (stock bottomed out $0.14 lower than the limit in the first 10 mins from the open, then was back up 25% an hr afterwards... dammit.)
There have been a few times where I put in a buy or sell for so much, hit OK, then get an error (too many shares, not enough cash or above daily colume limits) I hit back and change the info, but sometimes it switches the buy/sell/short or Day order/GTC back to its default, I'm in a rush and end up doing the opposite of what I meant to do.. >_<
I've been pretty busy lately and haven't been able to spend as much time as I need to and try to rush things through

I've been playing pretty aggressive w/ things as I just started and am trying to make up for time. Plus I've been using it to experiment w/ different things and some have been more successful than others. It's play money and I don't really care. Not how I trade my actual money. I don't think I could handle the daily stress if was real money going so far up and down like that... I've swung from 13th to 7th place to 15th and back up inside a week lol.

We'll see where it goes. I'd def be up for starting a new game after this one finishes. Its been a hell of a year to play it in.

[lutach]

Originally Posted by Finnster

Uk, I was doing really well last week, but some things came up and I got hammered this week. I knew one of my major positions was going to post bad Q2's, and I debated whether to sell out before the earnings report. It was up over 45% in the last 2wks. I decided to hold on to it and not trade myself out of my position, and it did get creamed. However, I did put a limit order in about 10min before the open to buy more shares when it was due to tumble on the open, but the order didn't get filled (stock bottomed out $0.14 lower than the limit in the first 10 mins from the open, then back up 25% an hr afterwards... dammit.)
There are somethings going on in the company, not sure if news was going to get posted up here soon, or at all before the game runs out. We shall see.

Worse yet, is I get kinda frustrated w/ the interface and timing delays sometimes. There have been a few times where I put in a buy or sell for so much, hit OK, then get an error (too many shares, not enough cash or above daily colume limits) I hit back and change the info, but sometimes it switches the buy/sell/short or Day order/GTC back to its default, I'm in a rush and end up doing the opposite of what I meant to do.. >_<
I've been pretty busy lately and haven't been able to spend as much time as I need to and try to rush things through

I've been playing pretty aggressive w/ things as I just started and am trying to make up for time. Plus I've been using it to experiment w/ different things and some have been more successful than others. It's play money and I don't really care. Not how I trade my actual money. I don't think I could handle the daily stress if was real money going so far up and down like that... I've swung from 13th to 7th place to 15th and back up inside a week lol.

We'll see where it goes. I'd def be up for starting a new game after this one finishes. Its been a hell of a year to play it in.

It would be nice if they could actually be more like real time. It's a pain waiting 15-20 minutes for a trade to go through. The real deal for me to start this one game, was to show my friend how you can loose or win in the stock market. He never traded before and it shows as he's in last place. I waited as much as I could before the market hit it's bottom and in those short months were it kept going down, I was in last place, but help my position. I told him to stay put and wait it out, but he didn't. It would stink for sure loosing half of the money if it was real .

If you set up a new game, let me know and I'll join in there. This time around I'll just go with any stock I can think of that has an extreme high risk of going under . I'll see how lucky I can really get with them.

[lutach]

Originally Posted by What's_nitro?

Yeah Lehman is killing you...

I like Lehman, check out what it did , it might be down tomorrow, but I'll have some buying power to buy some of the big loosers of the day . I should've went for 200,000,000 shares . Also, GM aka Motors Liquidation MTLQQ has also gone up. I hope Dryships picks up though.