Ahoy sheep loving dweebs. It's 'bout that time again. The time for most of us to be embarrassed by how bad we are at picking and trading stocks. This time around, we have a volatile market, possibly on the rebound.
The standings from last year, courtesy of Donzo and the old thread:
So, here's the setup.
http://vse.marketwatch.com/Game/Homepage.aspx <- Here's the link.
The game name (both short and long) is AcesHigh4 .
THE PASSWORD IS "twoweeks".
The trading starts on July 1st, and ends on July 31st.
The rules are as follows:
$100g's to start, late joiners are allowed, and you will NOT earn interest on cash unspent on stock. You can purchase on a 2:1 margin, with $9.95 cost per trade. Lowest priced stock you can purchase is $0.05 (5 cents). Your trade will NOT take place in the game until the volume for trade for your stock has actually occurred in the real world. (I.E. If you trade 1 million shares of Verizon, you might have to wait several hours for 1 million shares of verizon to be traded on the REAL DOW JONES / NASDAQ.) There will be no Private Portfolios, nor restarting in game. Stop orders, sell shorts, and limit orders are allowed. Lastly, there is 6% interest on all money spent over the $100,000 you start with (usually collected when stock is sold).
All of these rules can be changed up til the start of the game, if you guys want.
I mostly peruse FlameWarriors these days, however I'll be over here about once a day to check to see if there are any comments or questions.
EDIT: Somehow, the link got corrupted when copying it over.
