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Started By
Message
re: 2015 TDMTFSS (SECOND Standings Update, 3/20/2015)
Posted on 12/5/14 at 7:07 pm to I Love Bama
Posted on 12/5/14 at 7:07 pm to I Love Bama
To me a cash prize is not really worth the hassle, but maybe the cash prize (if any) can be among the group of people who put in money up front - highest ranked among those. If there is an easy way to do it then I would throw in a few dollars, no more than 50 though.
1
Posted on 12/5/14 at 7:18 pm to Bayou Tiger
I figured an Andrew Jackson would be the max.. Haha
I am doing this more to learn than win. I figure some of the other guys like Russian will win this easily. But if I can double my money and get some great dividends then let's go.
I am doing this more to learn than win. I figure some of the other guys like Russian will win this easily. But if I can double my money and get some great dividends then let's go.
Posted on 12/5/14 at 7:48 pm to OnTheBrink
I usually lurk and am pretty much money retarded, but this seems fun. It could also teach me how to be less money retarded. Joined.
Posted on 12/5/14 at 7:55 pm to Redacted
Welcome! 
Posted on 12/5/14 at 7:55 pm to Redacted
So, I've got 1 mil to spend. Can I go ahead and start picking stocks, or do I have to wait until 1-2-15?
Posted on 12/5/14 at 7:56 pm to white perch
As stated at some point in this thread, I think you can go ahead and place orders but they will not fill until January 2nd. If you place an order now and want to cancel, I believe you can.
Posted on 12/5/14 at 8:23 pm to OnTheBrink
I am testing out the dividend theory on investopedia website with their 100k simulator.
WWE gives 0.12 a share.
WWE gives 0.12 a share.
Posted on 12/5/14 at 8:33 pm to OnTheBrink
quote:
you can go ahead and place orders but they will not fill until January 2nd
This is correct
Posted on 12/5/14 at 8:40 pm to OnTheBrink
In
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
Posted on 12/5/14 at 9:18 pm to LSURussian
So what do you plan on selling next week?
Thanks in advance
Thanks in advance
Posted on 12/5/14 at 9:25 pm to oR33Do
I don't have any plans to sell anything but I did short 1,500 shares of BAC this afternoon at $17.69/share so it's probably going to hit a 52 week high on Monday.
Posted on 12/5/14 at 9:27 pm to LSURussian
Ruskie, yeah I will shoot him an email Monday. Although I don't see how it would be a problem considering the fantasy board and the pots they have there.
Someone else needs to organize everyone that will be playing for a pot. Everyone who enters will be eligible to win a gift card of their choosing.
Someone else needs to organize everyone that will be playing for a pot. Everyone who enters will be eligible to win a gift card of their choosing.
Posted on 12/5/14 at 9:42 pm to OnTheBrink
quote:
it may pay the dividends out in cash to increase the cash in each person's balance
Pretty sure dividend stocks will do this.
Posted on 12/5/14 at 9:45 pm to white perch
quote:
You should go introduce yourself on the OT board
Posted on 12/5/14 at 9:47 pm to I Love Bama
I had a $450k check sitting around somewhere. I was gonna put up some of that but, I guess I'll find it later.
Posted on 12/5/14 at 9:59 pm to OnTheBrink
Fantasy insider trading allowed?
I won't do it but my profession gives me an unfair leg up
I won't do it but my profession gives me an unfair leg up
This post was edited on 12/5/14 at 10:00 pm
Posted on 12/5/14 at 10:26 pm to LSURussian
quote:
I think I'll not do a 2015 market prediction thread. 2014 was the 4th year I've done it and it's gotten a little stale.
Say it ain't so. As a matter of fact I was disappointed not to see an update on 12/1/14.
Also, since you’ve played around is the system I have a question you may be able to answer. Is there a “fee” for a trade that is taken into account?
Posted on 12/5/14 at 10:31 pm to PlanoPrivateer
I skipped the 11/30 prediction update for two reasons:
1) I wanted the suspense to build before the final 12/31/14 results, and, 2) I forgot.
You could take over doing it for 2015.
To answer your fee question, there is a flat fee of $10 per trade.
1) I wanted the suspense to build before the final 12/31/14 results, and, 2) I forgot.
You could take over doing it for 2015.
To answer your fee question, there is a flat fee of $10 per trade.
Posted on 12/5/14 at 10:42 pm to OnTheBrink
In.
I've got a lot to learn and look forward to the experience.
I've got a lot to learn and look forward to the experience.
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