Stock Market Game

[Grandville]

Go big or go home!

So far, I'm heading home.

[GreatLakesRailfan]

So how did you guys pick your stocks? Did you base it on personal reasons or did you do some research first?


Personally, I did some research first although I'm really not all that familiar with my companies...

[Grandville]

Railroadfan's favorite from last year's game, Conseco (CNO), is up 28% at noon today. I'm going to short it!

[Grandville]

The market seems to think Amazon is worth 26% more than it was yesterday.

[JANGAJONGA]

I coudint find out how to buy stock.

[Grandville]

Click on "make a trade" on the left

[Grandville]

Interesting article on Garmin and TomTom http://www.techcrunch.com/2009/10/28/go ... the-knees/ . Do you short Garmin after its already dropped? Will google find a way to profit from this?

edit: another article http://digitaldaily.allthingsd.com/2009 ... hoo_ticker

[PAT.C]

HAVING BEEN A REGISTERED REP FROM 1984 TO 2004 , I CAN SAY THAT THE REAL STOCK MARKET IS NOT A GAME.
WHEN CLIENTS SEE $100K BECOME $50K IN A FEW WEEKS, IT LEAVES A LASTING IMPRESSION ON YOU. -AND THE CLIENT.

[Grandville]

HAVING BEEN A REGISTERED REP FROM 1984 TO 2004 , I CAN SAY THAT THE REAL STOCK MARKET IS NOT A GAME.
WHEN CLIENTS SEE $100K BECOME $50K IN A FEW WEEKS, IT LEAVES A LASTING IMPRESSION ON YOU. -AND THE CLIENT.

This game is a poor representation of what investing should be about and yet this game and others like it are used to teach investing in high schools and colleges. Mike Tabone originally posted this game 3 or 4 years ago when they played it in Econ class and many schools have games running on VSE now. I did a similar exercise in high school 35 years ago (but without computers). This game is about making big bets (either short or long) on fast moving, inexpensive stocks or as Railroadfan put it "Go big or go home".

[GreatLakesRailfan]

Be careful playing with stocks that are soon to be delisted. A couple years ago I made a big investment in RailAmerica, right before Fortress bought out the company. When the stock was delisted, the game didn't give me credit for the sale, and my investment in the stock was frozen for the rest of the game. In other words, once the price is pretty much frozen on a soon-to-be-delisted stock, get rid of it while you're still able to.

[~Z~]

Looks like I'm doing flat out awesome... as Grandville quoted, go big or go home, so I went big. Goal is first or last, and I'm trying hard to do just that. Chris Duva, ConrailJon, JimBob and B34Master need to pick their stocks. Anyone that hasn't joined: as you can see, you'll be tied for 6th place, so you'll already be ahead of the majority

[Grandville]

With Warren Buffet buying Burlington Northern, DR moves into 2nd place, up 21% this morning.

[BerkshireKid]

Ya just gotta know whats in the works!!!! Been hearing rumors of this for months but it finally came true! AHAHAHAHHAHAHA How do ya like me now?!?!?!?

And as DR stops bullsheeting, I guess I was just lucky! UP 23% YEEEEEEEE HAWWWW

[EJ&ESDM809]

Well, I got creamed in this game while I did it for a school project. Time for revenge!

[stock-trading]

i really like to play stock market games before finally investing the money in regular stocks

[Grandville]

It's over...and no one noticed!

[Steamlogger]

I noticed but I only came in second. I made a few wrong trades and was working in Muskegon for about 6 weeks and would not get home until after 5 PM. That made it hard to do day trades.

Robb

[~Z~]

Dang it! I got beat out by... myself! ehehehe, I made Toyota Supra just to screw around, and I bottomed out the list with both accounts.
Lost 63% of my money with Railroadfan, and 64% as Toyota Supra, both buying super cheap stocks that tanked.

[Grandville]

For the record, the stock market was up about 5.5% in the 3 months we played. Simply buying and S&P500 index fund would have put you in 8th place.