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Started By
Message
re: 2015 TDMTFSS (SECOND Standings Update, 3/20/2015)
Posted on 12/5/14 at 7:05 pm to I Love Bama
Posted on 12/5/14 at 7:05 pm to I Love Bama
You say dividends count, and I think they should, but to be honest I have no clue. This is something new for I am guessing everyone. It is not a big deal to me to give a gift card to the winner, but with so many unknowns, it would be hard for me to get behind a big pot. This isn't exactly fantasy football where we know all the rules. That and I personally have no way to keep everyone's funds, no paypal.
If some want to throw some money in and have a pot, cool, but I don't think everyone should due to the many unknowns I how this will go. If this goes good this year and we get a good feel for it am everyone agrees on the rules, I would be down for doing it next year.
Excuse any typos, on mobile.
If some want to throw some money in and have a pot, cool, but I don't think everyone should due to the many unknowns I how this will go. If this goes good this year and we get a good feel for it am everyone agrees on the rules, I would be down for doing it next year.
Excuse any typos, on mobile.
1
Posted on 12/5/14 at 9:07 pm to OnTheBrink
A few thoughts on the recent posts:
1) None of us know at this point how dividends are accounted for by the MarketWatch game. It may reinvest the dividends, it may pay the dividends out in cash to increase the cash in each person's balance or ( horrors) it might ignore dividend payments entirely which would suck because a stock's price adjusts down by the amount of the dividend on the day after the ex-dividend date.
I will set up a game tomorrow for only me and I will research some stocks that will be going ex-div soon and "buy" them and I will post how the dividends are treated as soon as the pay date arrives. Then we will all know.
2) I am in favor of a token amount of $$$ that any player can donate for a prize of some sort. However we have to make sure the owners of TigerDroppings do not have a problem with that. Some legal eagle might accuse the site of conducting a form of gambling and it might give TigerDroppings a problem and they might kill our thread.
Brink, could you email Chicken at the TD email address given on the "Guidelines" page and make sure our prize money arrangement is okay with him?
If the money donation part causes a problem I will offer to underwrite the money for prizes by myself up to $250. And I won't accept the prize on the off chance I win so that should remove any gambling resemblance since no one else puts up any money. It's just a free game for everyone else with a prize(s) at the end.
3) For the posters who think I'll win, you're wrong. While I am pretty good at knowing when to buy a stock, I totally suck at knowing when to sell. I've posted on this board several times that the surest way to know a stock is going to increase in price is for me to sell it the day before.
1) None of us know at this point how dividends are accounted for by the MarketWatch game. It may reinvest the dividends, it may pay the dividends out in cash to increase the cash in each person's balance or ( horrors) it might ignore dividend payments entirely which would suck because a stock's price adjusts down by the amount of the dividend on the day after the ex-dividend date.
I will set up a game tomorrow for only me and I will research some stocks that will be going ex-div soon and "buy" them and I will post how the dividends are treated as soon as the pay date arrives. Then we will all know.
2) I am in favor of a token amount of $$$ that any player can donate for a prize of some sort. However we have to make sure the owners of TigerDroppings do not have a problem with that. Some legal eagle might accuse the site of conducting a form of gambling and it might give TigerDroppings a problem and they might kill our thread.
Brink, could you email Chicken at the TD email address given on the "Guidelines" page and make sure our prize money arrangement is okay with him?
If the money donation part causes a problem I will offer to underwrite the money for prizes by myself up to $250. And I won't accept the prize on the off chance I win so that should remove any gambling resemblance since no one else puts up any money. It's just a free game for everyone else with a prize(s) at the end.
3) For the posters who think I'll win, you're wrong. While I am pretty good at knowing when to buy a stock, I totally suck at knowing when to sell. I've posted on this board several times that the surest way to know a stock is going to increase in price is for me to sell it the day before.
This post was edited on 12/5/14 at 9:22 pm
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