Peace Posted January 3, 2011 Share Posted January 3, 2011 (edited) Rules: (1) You have $10,000 to spend on any stock traded here in the USA. That includes ETFs, index funds, Pinks, and OTCs. (2) You can buy and trade as much as you want but must record the buys and sells here. All buys and sells must take place when the NYSE is OPEN only. No after hours trades. (3) Every buy and sell should be a reply to your last buy/sell post so you can keep a running total. (4) You must record the buy/sell price at the time of your post. You can't say, "I meant to sell this yesterday when it was up %400." I guess you can "say" that but you can't actually record that transaction in the game. (5) Everyone is on the honor system for prices. (6) You can make your first purchase in the New Year. (7) You MUST make your first purchase before 2/1/2011 to enter. (This is to prevent someone coming in in December, making one trade, and winning the game without participating in trash talking.) (8) You MUST make at least 1 trade worth 10% of your current value per month. (This also prevents someone from making a single trade and then exiting...although of course, the savvy trader can just trade ultraconservatively if they do get the blockbuster return.) (9) All buys and sells must be made in the format of the STATUS POST shown below. If you're confused by what goes in the brackets, you can stop reading now. (10) Rules are subject to change by me and you can B word all you want but the game is mine and I'm putting up the prize. PRIZE Whoever has the most money as of the close of the market on 12/31 wins a new Kindle (model, color, options TBD). If the monkey (random picks chosen by me) or I win the prize, I will donate the Kindle to a local charity. FORMAT OF STATUS POST: GAME STATUS POST Selling: Sell_#__ shares of [stock] at [price] Buying: Buy _#__ shares of [stock] at [price] Current Portfolio: Following Buy/Sell above, now holding in portfolio: _#__ shares of [stock] currently at [price] Cash: $_______ Total Current Value of Portfolio: ___[sum of holding in portfolio + Cash]______ *************************************************************************** Here is an example first transaction post for the "monkey" random picker. THIS IS FOR THE MONKEY (RANDOM PICKS) not me and would technically violate rule (2) because the market isn't open yet but I've posted to show an example. GAME STATUS POST Selling: Sell 0 shares of N/A at N/A Buying: Buy 500 shares of LDF at 19.17 Current Portfolio: Following Buy/Sell above, now holding in portfolio: 500 shares of LDF at 19.17 Cash: $ 415 Total Current Value of Portfolio: $10,000 Edited January 3, 2011 by Peace Link to comment Share on other sites More sharing options...
Peace Posted January 3, 2011 Author Share Posted January 3, 2011 (edited) THIS IS FOR THE MONKEY (RANDOM PICKS) GAME STATUS POST Selling: Sell 0 shares of N/A at N/A Buying: Buy 500 shares of LDF at 19.35 Current Portfolio: Following Buy/Sell above, now holding in portfolio: 500 shares of LDF at 19.35 Cash: $ 325 Total Current Value of Portfolio: $10,000 Edited January 3, 2011 by Peace Link to comment Share on other sites More sharing options...
Clip Smith Posted January 3, 2011 Share Posted January 3, 2011 This is very nice of you. I don't expect to win, so I will throw some hail marys out there. GAME STATUS POST Selling: Sell 0 shares of N/A at N/A Buying: Buy 62 shares of AGQ at 159.13 Current Portfolio: Following Buy/Sell above, now holding in portfolio: 62 shares of AGQ at 159.13 Cash: $ 133.94 Total Current Value of Portfolio: $10,000 Link to comment Share on other sites More sharing options...
Peace Posted January 3, 2011 Author Share Posted January 3, 2011 GAME STATUS POST Selling: Sell 0 shares of N/A at N/A Buying: Buy 10,000 shares of MERMF at 0.182 Current Portfolio: Following Buy/Sell above, now holding in portfolio: 10,000 shares of MERMF at 0.182 Cash: $ 8,180 Total Current Value of Portfolio: $10,000 Link to comment Share on other sites More sharing options...
birdog1960 Posted January 4, 2011 Share Posted January 4, 2011 Selling: Sell 0 shares of N/A at N/A Buying: Buy 150 shares of IXC at 39.38 Current Portfolio: Following Buy/Sell above, now holding in portfolio: 150 shares of IXC at 39.38 Cash: $ 4093.00 Total Current Value of Portfolio: $10,000 btw, if pigs fly and i win, i ask that you donate the value of the kindle to the charity of your choice. thanks for doing this game. Link to comment Share on other sites More sharing options...
Jim in Anchorage Posted January 4, 2011 Share Posted January 4, 2011 I want 100 shares of N/A but no one will sell Link to comment Share on other sites More sharing options...
birdog1960 Posted January 4, 2011 Share Posted January 4, 2011 Selling: Sell 0 shares of N/A at N/A Buying: buy 32 shares SPY at 127.05 buy 1 share DFSCX at 14.03 Current Portfolio: Following Buy/Sell above, now holding in portfolio: 150 shares of IXC at 39.38 32 shares SPY at 127.05 1 share DFSCX at 14.03 Cash: $ 13.37 Total Current Value of Portfolio: $10,000 Link to comment Share on other sites More sharing options...
/dev/null Posted January 4, 2011 Share Posted January 4, 2011 Can I buy just silver and store it in the Drane Bunker? Link to comment Share on other sites More sharing options...
Chef Jim Posted January 4, 2011 Share Posted January 4, 2011 Can I buy just silver and store it in the Drane Bunker? I just bought $10k worth of blow. Not sure if I'll make any money but it's going to be a fun few weeks. Link to comment Share on other sites More sharing options...
Jim in Anchorage Posted January 4, 2011 Share Posted January 4, 2011 I just bought $10k worth of blow. Not sure if I'll make any money but it's going to be a fun few weeks. Sell it at 20. It's only a infraction in California. Link to comment Share on other sites More sharing options...
Chef Jim Posted January 4, 2011 Share Posted January 4, 2011 Sell it at 20. It's only a infraction in California. Too late. It's gone already. I got a big nose. Link to comment Share on other sites More sharing options...
Jim in Anchorage Posted January 4, 2011 Share Posted January 4, 2011 Too late. It's gone already. I got a big nose. Sure it is Setting up the old "for personal consumption only" defense at this time is a good idea however. Link to comment Share on other sites More sharing options...
Peace Posted January 4, 2011 Author Share Posted January 4, 2011 Can I buy just silver and store it in the Drane Bunker? SLV baby. The vampires are coming soon! Link to comment Share on other sites More sharing options...
Peace Posted January 13, 2011 Author Share Posted January 13, 2011 GAME STATUS POST Selling: Sell 0 shares of N/A at N/A Buying: Buy 10,000 shares of MERMF at 0.182 Current Portfolio: Following Buy/Sell above, now holding in portfolio: 10,000 shares of MERMF at 0.182 Cash: $ 8,180 Total Current Value of Portfolio: $10,000 GAME STATUS POST Selling: Sell 0 shares of N/A at N/A Buying: Buy 10,000 shares of NTGMF @ .364 Buy 10,000 shares OXGN @ 0.24 Current Portfolio: Following Buy/Sell above, now holding in portfolio: 10,000 shares of MERMF at 0.182 [unchanged from buy] 10,000 shares of NTGMF @ 0.364 10,000 shares OXGN @ 0.24 Cash: $ 2,140 Total Current Value of Portfolio: $10,000 Link to comment Share on other sites More sharing options...
Pine Barrens Mafia Posted January 14, 2011 Share Posted January 14, 2011 I'd like to invest my 10,000 on a run for the state house so I, too, can work my way up the rungs of the useless political leech class. Thanks! Link to comment Share on other sites More sharing options...
birdog1960 Posted January 15, 2011 Share Posted January 15, 2011 GAME STATUS POST Selling: Sell 6 shares of IXC @ 40.40 Buying: Buy 18 shares of DFSCX at 14.16 Current Portfolio: Following Buy/Sell above, now holding in portfolio: 19 shares of DFSCX@14.16 144 shares of IXC @40.40 32 shares of SPY @129.30 Cash: $ 0.89 Total Current Value of Portfolio: $10,238.13 Link to comment Share on other sites More sharing options...
Peace Posted January 24, 2011 Author Share Posted January 24, 2011 Revising Rules to encourage players and not eliminate people who sleep on their trades. You still need to make your first purchase by 2/1/2011 to enter! Rules: (1) You have $10,000 to spend on any stock traded here in the USA. That includes ETFs, index funds, Pinks, and OTCs (eliminated the OTC/Pinks because it can be abused...if anyone already did this, no sweat...just no more going forward). (2) You can buy and trade as much as you want but must record the buys and sells here. All buys and sells must take place when the NYSE is OPEN only. No after hours trades. (3) Every buy and sell should be a reply to your last buy/sell post so you can keep a running total. (4) You must record the buy/sell price at the time of your post. You can't say, "I meant to sell this yesterday when it was up %400." I guess you can "say" that but you can't actually record that transaction in the game. (5) Everyone is on the honor system for prices. (6) You can make your first purchase in the New Year. (7) You MUST make your first purchase before 2/1/2011 to enter. (This is to prevent someone coming in in December, making one trade, and winning the game without participating in trash talking.) (8) You MUST make at least 1 trade worth 10% of your current value per month. (This also prevents someone from making a single trade and then exiting...although of course, the savvy trader can just trade ultraconservatively if they do get the blockbuster return.) (9) All buys and sells must be made in the format of the STATUS POST shown below. If you're confused by what goes in the brackets, you can stop reading now. (10) Rules are subject to change by me and you can B word all you want but the game is mine and I'm putting up the prize. PRIZE Link to comment Share on other sites More sharing options...
birdog1960 Posted January 24, 2011 Share Posted January 24, 2011 Revising Rules to encourage players and not eliminate people who sleep on their trades. i wonder if moving this to off the wall would garner more participation...doesn't appear to many here want to test their skills. Link to comment Share on other sites More sharing options...
Peace Posted January 24, 2011 Author Share Posted January 24, 2011 i wonder if moving this to off the wall would garner more participation...doesn't appear to many here want to test their skills. Not interested in its movement. Fewer people is fine. Link to comment Share on other sites More sharing options...
Magox Posted January 25, 2011 Share Posted January 25, 2011 (edited) I'll be entering, I just didn't want to make a purchase at those levels. I was and am still anticipating a further correction, at least in the sectors that I'm interested in. Edited January 25, 2011 by Magox Link to comment Share on other sites More sharing options...
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