2 month stock challenge
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  1. #1
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    2 month stock challenge

    It's been a while since we've had one of these so I thought I would set one up.

    Virtual Stock Exchange - Home



  2. #2
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    Re: 2 month stock challenge

    I believe you have to wait until 8:30cst to start trading.



  3. #3
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    Re: 2 month stock challenge

    Cool........I'm in. We'll see if I can get the magic back from my first game!



  4. #4
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    Re: 2 month stock challenge

    Just made my first trade. It's a doozie. All or nothing baby!


    On a side note, could we get this thread moved to gaming and groups? Might keep it unburied for longer.



  5. #5
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    Re: 2 month stock challenge

    So whoever wins this actually gets $100,000 to invest, right?



  6. #6
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    Re: 2 month stock challenge

    Quote Originally Posted by ist8er View Post
    So whoever wins this actually gets $100,000 to invest, right?
    If so, I'm still waiting for a check from my first game!



  7. #7
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    Re: 2 month stock challenge

    well trying to change my name to my screen name here but I keep getting processing error. ill give it a shot later


    Hooray for Metaphors!

  8. #8
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    MR --AFAM---MSFT

    Love getting new ideas. I look for value and 10 year track record. I don't chase. Sold the balance of DECK with a stop at 79.00 yesterday. Bought at about 49.00 a few months ago. Keep looking. Give me ideas. I love to share my ideas. Thanks


    "To run this drill, Everyone line up in a circle, pair up in rows of three, alphabetically"

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    Re: MR --AFAM---MSFT

    Quote Originally Posted by mkadl View Post
    Love getting new ideas. I look for value and 10 year track record. I don't chase. Sold the balance of DECK with a stop at 79.00 yesterday. Bought at about 49.00 a few months ago. Keep looking. Give me ideas. I love to share my ideas. Thanks
    NFLX & AAPL have been incredible for the past couple years for me, but I think NFLX may be static for awhile now. GGP is intriguing.



  10. #10
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    Re: MR --AFAM---MSFT

    Quote Originally Posted by mkadl View Post
    Love getting new ideas. I look for value and 10 year track record. I don't chase. Sold the balance of DECK with a stop at 79.00 yesterday. Bought at about 49.00 a few months ago. Keep looking. Give me ideas. I love to share my ideas. Thanks
    At the risk of giving up my ace in the hole, since this is a game, here's what I do:

    Watch the stock market for the 10 biggest droppers in the morning, with a goal of finding a stock that is down 10-20%, but with no recent news associated with it.

    Load up on that stock. Immediately set a limit sale for 5% above what you paid for it. It seems like the stock will usually rebound from it's lows if there's not a compelling reason for the drop, and even if it finishes well down for the day, you are in and out.

    Unfortunately, unless you are playing with serious money (and can stomach massive risk), I don't think you can get in and out in real life quite as fast as the game does it.


    Last edited by Cyclonepride; 01-07-2011 at 04:08 PM.

  11. #11
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    Re: 2 month stock challenge

    I made a a nice recovery today. Went from worst to first in one day by making around $10K.




  12. #12
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    Re: 2 month stock challenge

    By the way- I made $4180 in 26 minutes doing that today. Slightly better than I pull at work



  13. #13
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    Re: 2 month stock challenge

    I did a stock simulation with two of my Personal Finance classes at school. One of my students groups invested in US Steel (X) and had a return of over 46% In a little over 2 months. Under Armour also had about 25% return. I was pretty shocked at US Steel though. Granted they will level out over the year, 46% was a bit above average return.



  14. #14
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    Re: 2 month stock challenge

    Quote Originally Posted by CyPlainsDrifter View Post
    I made a a nice recovery today. Went from worst to first in one day by making around $10K.


    No kidding. At one point I saw you down 10K



  15. #15
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    Re: 2 month stock challenge

    Quote Originally Posted by Cybyassociation View Post
    I did a stock simulation with two of my Personal Finance classes at school. One of my students groups invested in US Steel (X) and had a return of over 46% In a little over 2 months. Under Armour also had about 25% return. I was pretty shocked at US Steel though. Granted they will level out over the year, 46% was a bit above average return.
    I have a neighbor who invests in US Steel a lot. What he does is he invests in the company when they are down and rides the short increase in the stock and sells. Looking at the chart, it looks relatively volatile moving up and down in $5 every half a month or so. The Beta of the stock according to Yahoo finance is 2.52. Your students probably caught the stock in a good time.



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