I'd like to throw out my opinions on delisting. I believe there is value in watching how a particular game trades before, during, and after its release and I have to say I am with xaustinx and I believe no stock should be delisted. I agree with many of his/her points, but I am also concerned with how regular delistings would affect trading.
Right now one of the biggest things I have to consider before starting a position in a stock is if I will be able to close the position in the future. For example right now I cannot just throw all my DKP into shorting Hoshigami and cornering the market, because if I try forcing it all the way down myself I'll be stuck with thousands and thousands of shares short with nobody left to cover from later.
With a series of regular delistings I would no longer have to worry with how to exit a position and could buy or short with total impunity. I believe myself and many of the higher ranked players could easily abuse this system, particularly because the marketmaker is now so extremely volatile a single individual can easily move a stock drastically.
It seems to me that the main motivation to delist stocks is to clean up the clutter and to focus people's attention on to other stocks. I think the clutter can be solved by allowing users to sort stocks in different ways besides by console and alphabetically, perhaps adding an option to sort all stocks by release date or IPO date would be helpful. I also don't think delisting stocks would help put any more attention on other stocks. Any stock that would be up for delisting would already be a very thinnly traded stock and the attention has likely already been diverted elsewhere.
Perhaps some simExchange vetrans also will remember how long all of the Eragon titles remained untraded and greatly overvalued. For months the longs focused their attention on stocks like Kirby and Metal Gear: PO and the shorts were pushing down titles like Ridge Racer 7 and Elebits. Those who had the foresight and patience to short Eragon made a killing when more information became available. Any shorts may have had their trades unfairly cancelled if the Eragon stocks were delisted due to inactivity. There are several other instances of a stock moving after prolonged inactivity aside from the Eragons, for example both Neverwinter Nights 2 and Red Steel were two of the very first games listed and they both made their moves after being dormant for many months.
I believe we should all just let the market settle down a little bit before calling for delistings. The new marketmaker has only been in effect for a little over a week and many stocks are still moving very dramatically. If there must be delistings I feel there should be some very strict criteria that must be met. Overall though I believe delisting has more drawbacks than advantages.
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Right now one of the biggest things I have to consider before starting a position in a stock is if I will be able to close the position in the future. For example right now I cannot just throw all my DKP into shorting Hoshigami and cornering the market, because if I try forcing it all the way down myself I'll be stuck with thousands and thousands of shares short with nobody left to cover from later.
With a series of regular delistings I would no longer have to worry with how to exit a position and could buy or short with total impunity. I believe myself and many of the higher ranked players could easily abuse this system, particularly because the marketmaker is now so extremely volatile a single individual can easily move a stock drastically.
It seems to me that the main motivation to delist stocks is to clean up the clutter and to focus people's attention on to other stocks. I think the clutter can be solved by allowing users to sort stocks in different ways besides by console and alphabetically, perhaps adding an option to sort all stocks by release date or IPO date would be helpful. I also don't think delisting stocks would help put any more attention on other stocks. Any stock that would be up for delisting would already be a very thinnly traded stock and the attention has likely already been diverted elsewhere.
Perhaps some simExchange vetrans also will remember how long all of the Eragon titles remained untraded and greatly overvalued. For months the longs focused their attention on stocks like Kirby and Metal Gear: PO and the shorts were pushing down titles like Ridge Racer 7 and Elebits. Those who had the foresight and patience to short Eragon made a killing when more information became available. Any shorts may have had their trades unfairly cancelled if the Eragon stocks were delisted due to inactivity. There are several other instances of a stock moving after prolonged inactivity aside from the Eragons, for example both Neverwinter Nights 2 and Red Steel were two of the very first games listed and they both made their moves after being dormant for many months.
I believe we should all just let the market settle down a little bit before calling for delistings. The new marketmaker has only been in effect for a little over a week and many stocks are still moving very dramatically. If there must be delistings I feel there should be some very strict criteria that must be met. Overall though I believe delisting has more drawbacks than advantages.