Stock Market Game - Page 11 - RC-Monster Forums

lutach · 09.16.2009, 07:59 PM

Quote:

Originally Posted by Daytona675

Just joined

I have always been interested in the stock market, but know very little about it. This looks like a great way to learn. Thanks.

Welcome aboard.

lutach · 09.17.2009, 10:30 AM

Nice move to third place Finnster. I would be in a nicer position if I had held my LVS and DRYS

. I'm riding the Lehman wave and it's fun, it topped out at $0.20 and I hope it goes higher. I'm glad I sold my Juniper position for a little profit, I just hope I made the correct move on it. The way things are going, in no time you'll be surpassing me.

What's_nitro? · 09.18.2009, 03:44 PM

I think there is a glitch in my portfolio... It is telling me I don't own the 12500 shares of CMCSA (that I bought on 8/11), that the value is $0.00, and that I'm -$185,250. The stock is at $17.29 atm and I bought it for $14.82.

If the glitch was fixed I'd be in 9th place with ~$1,263,295!

lutach · 09.18.2009, 03:56 PM

Quote:

Originally Posted by What's_nitro?

I think there is a glitch in my portfolio... It is telling me I don't own the 12500 shares of CMCSA (that I bought on 8/11), that the value is $0.00, and that I'm -$185,250. The stock is at $17.29 atm and I bought it for $14.82.

If the glitch was fixed I'd be in 9th place with ~$1,263,295!

I saw that one and you should send an e-mail to spacheco@marketwatch.com and have her fix it. It happened to me a few times and is happening now as well, but I'm not too worried about it lol.

Finnster · 09.18.2009, 04:15 PM

I've noticed glitches here and there. Clody had one the other week that put in in last or first to last. Got fixed and he had tons of dough after. I've had one or two but they get worked out fairly quickly.

Finnster · 09.21.2009, 10:16 AM

I'll have to look at some OTC or small stocks again. I had a few of those, but as I said earlier, the volume limits always made them hard to play with in the game the way I was doing it.

However, I've had a few pay off pretty well recently (tho not like Luc's Juniper.) The GRMH I had been trying to accumulate (and often accidently sold when meant to buy when the error screen popped up I was over the volume limit reverted back to the default of "sell"

) took off recently from $2 to $3.4 and moving. Since I'm just trying to build on margin, it way work better as I don't have to worry about cashing out so quickly.

I have a bit of this in real life. A silly low number of shares, but maybe I'll cash them out here a bit and buy myself a 1527 for my Savage XL.

[edit: that wierd, I wrote this Fri and it didn't post]

lutach · 09.21.2009, 10:32 AM

Quote:

Originally Posted by Finnster

I'll have to look at some OTC or small stocks again. I had a few of those, but as I said earlier, the volume limits always made them hard to play with in the game the way I was doing it.

However, I've had a few pay off pretty well recently (tho not like Luc's Juniper.) The GRMH I had been trying to accumulate (and often accidently sold when meant to buy when the error screen popped up I was over the volume limit reverted back to the default of "sell"

) took off recently from $2 to $3.4 and moving. Since I'm just trying to build on margin, it way work better as I don't have to worry about cashing out so quickly.

I have a bit of this in real life. A silly low number of shares, but maybe I'll cash them out here a bit and buy myself a 1527 for my Savage XL.

[edit: that wierd, I wrote this Fri and it didn't post]

I got lucky.

I wish this game was a little better, but it's much better then another one that I'm playing. I like to play high risk stocks as they can sometimes do crazy things. Lehman for example, I've bought it at $0.03, $0.04 and $0.05, but since I hold more at $0.05, that's where I stand with it. I now have to make a decision if I should sell WAMUQ or keep it and this is where the fun begins

. If this game was much closer to real life, it would be awesome. I don't like the 20min delay specially when you're trying to sell a stock. My friend was up nice with Lehman and he sold it, but with the 20min delay he lost over $300K.

Finnster · 09.21.2009, 11:23 AM

The 20min delay is a big PITA for short term stuff, or trying to squeeze the most out of the stocks. There has been a few times I saw something moving and wanted to buy/sell, put in a reasonable limit, and the order never goes thru. I hate putting market orders in for alot of things due to this. I'm glad its not too complicated w/ options and all those other things, but the time delay can be a real killer.

lutach · 09.21.2009, 11:40 AM

Quote:

Originally Posted by Finnster

The 20min delay is a big PITA for short term stuff, or trying to squeeze the most out of the stocks. There has been a few times I saw something moving and wanted to buy/sell, put in a reasonable limit, and the order never goes thru. I hate putting market orders in for alot of things due to this. I'm glad its not too complicated w/ options and all those other things, but the time delay can be a real killer.

If there were no 20min delay, I would play this game like a day trader, but since there's a delay, I just hold my positions.

lutach · 09.21.2009, 02:45 PM

It looks like I hit the sell button on WAMUQ at the perfect time. Lucky move on that one. I'll watch it to see how low it'll go so I can get back in lol. Should I just walk away though with the profit I made on it? Let me know what you guys think.

lutach · 09.21.2009, 02:55 PM

I should've made a move on CHIP on Friday, but didn't want to sell any of my position to cover for it. What a mistake I made lol.

lutach · 09.22.2009, 02:33 PM

I should've held off on WAMUQ. I made some high risk buys and I hope it pays off. I'm going to sell the ones I've been messing around with and get more serious. I'll be going conservative and high risk at the same time. My plan still is to be at $100 million clean. If anyone has a hot stock that is bellow $1, let me know

.

Finnster · 09.22.2009, 04:10 PM

Ouchy, 30% loss today on wamuq, but you still had a great day.
Had a good day too and closed above $2M to take 3rd place Yeahhhhh!!!!

Bad thing is I'm running out of tricks. A lot of the stocks I like/follow are at a point I'm not sure I want to dump more into. Still think they have more room to grow, doesn't mean its a strong buy tho. A lot of easy gains have already been made. Going have to get a bit more careful as things grow.

lutach · 09.22.2009, 04:20 PM

Quote:

Originally Posted by Finnster

Ouchy, 30% loss today on wamuq, but you still had a great day.
Had a good day too and closed above $2M to take 3rd place Yeahhhhh!!!!

Bad thing is I'm running out of tricks. A lot of the stocks I like/follow are at a point I'm not sure I want to dump more into. Still think they have more room to grow, doesn't mean its a strong buy tho. A lot of easy gains have already been made. Going have to get a bit more careful as things grow.

Yeah WAMUQ gave up the run from yesterday, but I made out big time on it. The big surprise today was LEARQ, it came out of nowhere and now I have to decide if I should keep it or if I should sell it. I'm almost at a $1 million profit on RT and real soon I'll be re-organizing my positions. You're doing awesome. Right now the market is at a point where nobody knows what will really happen. Some people are saying to stay in the market and others are having doubts. Do you have any tips for little old me

?

Finnster · 09.22.2009, 06:36 PM

Quote:

Originally Posted by lutach

Yeah WAMUQ gave up the run from yesterday, but I made out big time on it. The big surprise today was LEARQ, it came out of nowhere and now I have to decide if I should keep it or if I should sell it. I'm almost at a $1 million profit on RT and real soon I'll be re-organizing my positions. You're doing awesome. Right now the market is at a point where nobody knows what will really happen. Some people are saying to stay in the market and others are having doubts. Do you have any tips for little old me ?

Yeah, watch what lutach is doing. ;)