Something is wrong here. Smthblucitrus has over $190,000 worth of stocks with only a $5,730.35 net gain.
How do you hold $190K+ with only $105K?
Something is wrong here. Smthblucitrus has over $190,000 worth of stocks with only a $5,730.35 net gain.
How do you hold $190K+ with only $105K?
"If [Republicans] were around when Columbus set sail, they must have been founding members of the Flat Earth Society." -- Pres. Barack Obama
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Hmm, I must have missed this. Sounds like fun.
I never did anything.
dude that asandhu23 person on that game is not me. i am the abhaysandhu person....
ok seriously who used my psd username?
Damn wish I got in on this, im 20 and I have made a quite of bit of money from when I started investing using ameritrade (when i was 18)
Jackie Bradley Junior.... that is all
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I don't know, but I'm about ready to quit the game in protest of the fact that players are making gains off money that they should not have.
Either we all started with $100,000, and we all currently have $100,000 +/- gains/losses, or we don't. If we don't, then tell me what I actually can buy stocks with. For now, at least smthblucitrus and whoever's hijacked asandhu23's name should be DQ'd.
"If [Republicans] were around when Columbus set sail, they must have been founding members of the Flat Earth Society." -- Pres. Barack Obama
it's called buying on margin, they are paying interest on that. Anyone can do it in the game or in real life. If there portfolio goes below a certain value they will have a margin call. Then will have to sell their assets. It's a risky way of doing things.
for instance i have 3800 in cash, but i have 116k in buying power.
I see the margin part now, but I don't think they're paying any interest on it.Originally Posted by behindmydesk
Their portfolios both say, "Interest Paid: $0"
Ergo, there's still a problem of an exploitable loophole. Can't blame smth or assandu for figuring that out and exploiting it, but I don't like how "borrowing" virtual money interest free and making money on that money is being allowed, especially when the current leader has over $77,000 bought on margin. He's working with an extra 77% scott free. That's a problem, no?
Last edited by DodgersFan28; 01-06-2011 at 07:53 AM.
"If [Republicans] were around when Columbus set sail, they must have been founding members of the Flat Earth Society." -- Pres. Barack Obama
I want to join this game but it won't let me. When I enter the password, it just takes me to the list of players, but my name doesn't appear. Can anyone help?
Turns out the VSE doesn't know how to handle a reverse stock split in addition to its other flaws. Looks like the game is officially FUBAR.
"If [Republicans] were around when Columbus set sail, they must have been founding members of the Flat Earth Society." -- Pres. Barack Obama
Problem has been fixed.
"If [Republicans] were around when Columbus set sail, they must have been founding members of the Flat Earth Society." -- Pres. Barack Obama
Think long and hard about why you respond to nonsense. Please!
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