I'm sorry this is your last post Argon. You're a good trader and it was entertaining watching you take SERAPHrowen and Barfo for millions in the heaviest days of Project HAMMER trading. Good players like yourself will always be missed.
I agree with you that there is a very high chance that Sadness is vaporware. I am not arguing you on that point. I have never said there was a publisher and I agree that things definitely seem a little sketchy.
However, again, none of that really matters. Like I said in my last post, the value of stocks listed on the simExchange are based on the assumption that all games will be released, and there is a very good reason why that is the case here on the exchange. It's not simply to prop up stocks.
The reason why canceled games are not set to zero is because if that was true, prices on all games would then be artificially depressed due to cancellation risk. The pricing of every stock on the exchange would be skewed and discounted if we also had to worry about stocks being delisted at zero. To ensure that market pricing was as accurate as possible the ruling was simply to refund transactions if a game was confirmed to be cancelled.
These rulings are all clearly stated in the original blog post and I urge you and anyone who is new to read the rulings on delayed and canceled games.
Oh and thanks for the education, but I've already been over time value of money. In fact that's a big reason why going short on Sadness right now is such a poor investment, especially at 10 DKP. To profit on all your shorts at that level, not only does this game actually have to be released, but you will amost surely have to wait until 2009 to get some indication that this title was a total bust and will sell less than 100,000 worldwide. I hope you understand that by going short such a huge amount that you are also losing time value. If you don't understand that I too hope you don't invest in the real markets.
Sorry to end on a sour note, I hope you reconsider retirement. Good competition makes for a good game.
5
I'm sorry this is your last post Argon. You're a good trader and it was entertaining watching you take SERAPHrowen and Barfo for millions in the heaviest days of Project HAMMER trading. Good players like yourself will always be missed.
I agree with you that there is a very high chance that Sadness is vaporware. I am not arguing you on that point. I have never said there was a publisher and I agree that things definitely seem a little sketchy.
However, again, none of that really matters. Like I said in my last post, the value of stocks listed on the simExchange are based on the assumption that all games will be released, and there is a very good reason why that is the case here on the exchange. It's not simply to prop up stocks.
The reason why canceled games are not set to zero is because if that was true, prices on all games would then be artificially depressed due to cancellation risk. The pricing of every stock on the exchange would be skewed and discounted if we also had to worry about stocks being delisted at zero. To ensure that market pricing was as accurate as possible the ruling was simply to refund transactions if a game was confirmed to be cancelled.
These rulings are all clearly stated in the original blog post and I urge you and anyone who is new to read the rulings on delayed and canceled games.
Oh and thanks for the education, but I've already been over time value of money. In fact that's a big reason why going short on Sadness right now is such a poor investment, especially at 10 DKP. To profit on all your shorts at that level, not only does this game actually have to be released, but you will amost surely have to wait until 2009 to get some indication that this title was a total bust and will sell less than 100,000 worldwide. I hope you understand that by going short such a huge amount that you are also losing time value. If you don't understand that I too hope you don't invest in the real markets.
Sorry to end on a sour note, I hope you reconsider retirement. Good competition makes for a good game.