@orkeater, The stock price is pretty high, but whether it is expensive or cheap is all relative to the product. For a new Mario game, 4.5 million copies is not an overblown initial estimate.
Doesn't the currency exchange go all night, and I know there is a night market, online for commodities on the Chicago mercantile exchange. Plus most people who would be trading on this don’t have time during the day or are mostly awake at night, no?
Your arguments all have truth to them, but.... Stock trading is a game of chance. Whether the chances are or are not in your favor is for you to find out. I personally think this is in my favor.
I'm not sure if I agree or disagree with csinnings idea, on the one hand it would be fair for everyone. On the other hand the stock market should in no way be fair. When I play this game I play it fully expecting that I'll lose tonnes of money and end up quitting, or instead of quitting try and work my way back up.
I think part of the fun might be trying to find a method that works for you.
@ daedalus, But it looks like people are willing to risk it. Over 42,000 shares already bought! What you describe isn't any different from a stock in the real world.
Woz recently got involved with a company that wouldn't even disclose what the company is planning to do. Yet investors poured into the IPO just because Woz is involved with it.
Same thing here. All we know is it's a Mario platformer. But we do know every Mario platformer is gold. History tells most of us that this will sell more than 4.5 million copies. If you disagree, short it =P.
@seebee, the Glossary's definition of Short Sell is pretty good if you don't know what it is. The rest of the help section assumes you know what it is already and just applies it to the simExchange game.
@csinning, I think that is the trend we are going in eventually. For those of you who haven't been involved in an IPO of a real stock or bond, you can submit your bid before hand for like a couple days. On the IPO day, they calculate from the bids what the final price is and those people who bid high enough get shares or bonds. However, everyone who has a winning bid gets it at the same price. In recent years, the day after the offering when everyone can trade it, the stock still spikes a bit.
@orkeater, there's no reason to artificially limit a stock due to a number (like 200 DKP). If Google did a 5:1 split and the stock went down to $100, woult it be any more attractive? That price would still predict the same EPS and therefore wouldn't be any more "cheap."
WAY too high for an IPO. It may sell more eventually, but people aren't going to risk it. This price is built completely on the Mario's and the Wii's reputation. We have no idea how good it will be, so why risk it based on hype?
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