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09-21-2008, 06:56 PM
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XCPUs.com Editor
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Forum Rules!
you haven't read them before??
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09-21-2008, 06:58 PM
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Grade A Ruthless Bastard
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In regards to Afro's suggestion - Not going to Happen.
My competition, I designed it, my rules.
Drop it.
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09-21-2008, 06:59 PM
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It was just a suggestion.
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09-21-2008, 09:23 PM
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I'm in. One of my all-time favorite board-games is Stock-Ticker. Time to start watching the markets. 
Game pic 
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Last edited by 1Tanker; 09-21-2008 at 09:35 PM.
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09-21-2008, 09:25 PM
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I guess at the moment I'm more worried about whether the current market safe to invest or not. Given what happened recently, I'm not sure if any of us should drop our hard earned money into the pit if the situation is so unstable.
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[Today 06:51 PM] Viperabyss: [Seal] also made use of his [wiener] too...just different purpose
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09-22-2008, 04:49 AM
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Quote:
Originally Posted by Viperabyss
I guess at the moment I'm more worried about whether the current market safe to invest or not. Given what happened recently, I'm not sure if any of us should drop our hard earned money into the pit if the situation is so unstable.
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From what I understand that primarily affected financial institutions, but the ripple would probably hit just about everyone, though not as severely. Can't say this won't be fun.
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09-22-2008, 05:10 AM
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Quote:
Originally Posted by Viperabyss
I guess at the moment I'm more worried about whether the current market safe to invest or not. Given what happened recently, I'm not sure if any of us should drop our hard earned money into the pit if the situation is so unstable.
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Hence why this is a cashless game. No capital at stake, only $100 egg gift coming out the other end.
The volatility of the market is what will make this fun. 
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[Today 09:22 AM] *Eurasianman beats logain down with his blow up doll*
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09-22-2008, 05:12 AM
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You'll be gambling with our chips.
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C’est magnifique, mais ce n’est pas la guerre. C’est de la folie...
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09-22-2008, 06:17 AM
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Quote:
Originally Posted by SuperFly03
Hence why this is a cashless game. No capital at stake, only $100 egg gift coming out the other end.
The volatility of the market is what will make this fun. |
Without skin in the game it is really a different game though.
Can we short stocks not on the SEC banned list? 
BTW three of the ones I would have shorted were just added GE, GM, AmEx. 
If we can short I assume they are naked shorts? 
Margin Account and call limits? 
I assume from rule 8 and 11 that trading takes place after market close on Friday only?
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09-22-2008, 06:32 AM
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what is "extended cost"...
I consider this a learning experiment, I dont know anything about investing 
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09-22-2008, 09:04 AM
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Quote:
Originally Posted by BaldEagle
Without skin in the game it is really a different game though. |
Yes it is much less stressful and more fun esp for those not as experienced as you.
Quote:
Originally Posted by BaldEagle
Can we short stocks not on the SEC banned list?
BTW three of the ones I would have shorted were just added GE, GM, AmEx. |
I might amend the rules to allow shorts selling but the uptick rule will apply.
For those who don't know what shorting and uptick rules are... I will edit the OP.
Quote:
Originally Posted by BaldEagle
If we can short I assume they are naked shorts? |
Yes since this fictional it would be difficult to find the stocks at a brokerage 
I will most likely restrict the borrowing period to 1 week i.e. short it Friday the 3rd and you MUST purchase the stock the following Friday (regardless of price).
Quote:
Originally Posted by BaldEagle
Margin Account and call limits? |
No margin accounts. Strict $500k initial cash only. I want to this to be simple even if unrealistic to a degree.
Quote:
Originally Posted by BaldEagle
I assume from rule 8 and 11 that trading takes place after market close on Friday only?
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Correct.
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Last edited by SuperFly03; 09-22-2008 at 09:09 AM.
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09-22-2008, 09:06 AM
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Quote:
Originally Posted by Tark
what is "extended cost"...
I consider this a learning experiment, I dont know anything about investing |
It's a learning experience for everyone. BE has to learn to play by simplified rules
Extended cost is Price x Quantity. So in this case the extended cost of 20,000 shares of CPX @ $23 is $460,000.
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[Today 09:22 AM] *Eurasianman beats logain down with his blow up doll*
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09-22-2008, 09:09 AM
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I'm already doing a similar exercise on Facebook... and I already lost nearly 10k
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[Today 06:51 PM] Viperabyss: [Seal] also made use of his [wiener] too...just different purpose
[Today 06:51 PM] Eurasianman: no wonder my ass hurts
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09-22-2008, 11:23 AM
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Quote:
Originally Posted by Viperabyss
I'm already doing a similar exercise on Facebook... and I already lost nearly 10k |
You're doing pretty well then....
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The more you read and learn, the less your adversary will know. - Sun Tzu
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09-22-2008, 11:42 AM
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Quote:
Originally Posted by SuperFly03
I might amend the rules to allow shorts selling but the uptick rule will apply.
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Uptick? On a weekly closing basis? That is a joke right? 
Quote:
Originally Posted by SuperFly03
I will most likely restrict the borrowing period to 1 week i.e. short it Friday the 3rd and you MUST purchase the stock the following Friday (regardless of price).
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Since we only trade once a week wouldn't a T+3 settlement be three weeks?
Actually it's technically 4 weeks since trades are being executed after market close they are considered next trading day.
Position changes are due by when?
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The more you read and learn, the less your adversary will know. - Sun Tzu
Last edited by BaldEagle; 09-22-2008 at 11:45 AM.
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