Author Topic: Aces High Stock Market Game... (Read 9557 times)

rpm · « **Reply #120 on:** June 13, 2006, 12:55:51 PM »

OK, made a couple trades on declining stocks I think will rebound in a week or so. National Oilwell Varco (NOV) is an oilwell service company and is sliding fast. I may have jumped the gun on that one, but it will rebound within 30 days. The other is Symantec (SYMC). It's down slightly, but had some good news yesterday and should gain. I should have bought Maverick Tube this morning.

I have about 50% of my money tied up right now. Time to sit back and watch it run.

lasersailor184 · « **Reply #121 on:** June 13, 2006, 01:38:13 PM »

I put a couple high sell limits on two of my stocks. They both sold rather decently and then went back down.

One of my remaining 3 stocks is sticking up there. However, the other 2 are dropping despite rather good news and press releases. I think I might hold onto them.

lasersailor184 · « **Reply #122 on:** June 13, 2006, 01:39:26 PM »

Quote

Originally posted by lasersailor184
I put a couple high sell limits on two of my stocks. They both sold rather decently and then went back down.

One of my remaining 3 stocks is sticking up there. However, the other 2 are dropping despite rather good news and press releases. I think I might hold onto them.

Also, since this is not real money, and saving will not actually get you anything, WE won't count anyone who doesn't make any transactions. If you lose all this money, you aren't screwed in real life, so the game will be won by someone playing aggressively, or smart.

Curval · « **Reply #123 on:** June 13, 2006, 01:53:04 PM »

Quote

Originally posted by lasersailor184
Also, since this is not real money, and saving will not actually get you anything, WE won't count anyone who doesn't make any transactions. If you lose all this money, you aren't screwed in real life, so the game will be won by someone playing aggressively, or smart.

If there are 20 players and 19 of them lose a bunch of money trading aggressively but one makes money by being conservative and earning interest isn't the one guy playing smart?

mtndog · « **Reply #124 on:** June 13, 2006, 02:03:50 PM »

Quote

Originally posted by Curval
The market is a mess right now. I'm not buying squat until things calm down.

I'd like to put some funds into bonds or govt T-Bills or even on deposit but the only option is to buy stock.

Can you short stocks in this game?

mtndog

Curval · « **Reply #125 on:** June 13, 2006, 02:18:22 PM »

Quote

Originally posted by mtndog
Can you short stocks in this game?

mtndog

Yes. But right now the market is simply reacting to interest rate worries and inflation concerns. Betting on whether something goes up or down is basically a crap shoot in that environment.

indy007 · « **Reply #126 on:** June 13, 2006, 02:32:44 PM »

Had the tropical storm veered left, instead of hitting Florida, I woulda bought up a bunch of oil stocks.

Until then I'm content to watch most of you go broke, and wait on another natural disaster.

AWMac · « **Reply #127 on:** June 13, 2006, 02:40:15 PM »

IN

2 orders tomorrow will put me number 1.

Mac

14th place and holding.

StarOfAfrica2 · « **Reply #128 on:** June 13, 2006, 03:31:09 PM »

Today was a roller coaster. Hopefully the buys I made right before closing will pay off tomorrow and put me back in the black. Or green in this case.

Jebus · « **Reply #129 on:** June 13, 2006, 03:33:27 PM »

I got the Noose out. Things arent looking good.

Pretty soon I will have to sell the kids and wife.

Wait a minute on second thought!

AWMac · « **Reply #130 on:** June 13, 2006, 03:41:13 PM »

OUCH!!!

Now I'm 24th...let me turn this train wreck around.

Here hold my beer.....

Mac

Waffle · « **Reply #131 on:** June 13, 2006, 03:48:55 PM »

lol - man i'm pissed - had a few trade transaction go through wrong or i did em wrong..

Anyway - was down about 5k this moring.. turned it back around. for the day...slight loss overall.

Octavius · « **Reply #132 on:** June 13, 2006, 04:14:52 PM »

StarOfAfrica2 · « **Reply #133 on:** June 13, 2006, 04:48:02 PM »

Quote

Originally posted by AWMac
OUCH!!!

Now I'm 24th...let me turn this train wreck around.

Here hold my beer.....

Mac

Meanwhile, I held my position. Started at 21, slipped to 23, made it back up to 21 before the closing bell. Tomorrow I start climibing the ladder.

Debonair · « **Reply #134 on:** June 13, 2006, 04:56:34 PM »

i traded in all my pretend virtual money for a pretend virtual Cessna & a bunch of imaginary virtual porn.
i'm gonna be the 1st guy to join the make-believe virtual mile high club solo.
maybe i'll do it while crossing the atlantic