MarketWatch Investing Game anyone?

I would like to participate in this.

edit OK, I'm in now.

I'll be in. Will set up tomorrow!

Fueled by Caffeine wrote: I'm a super boring investor.

Those are the best kind. The MarketWatch game I'm in, I have CSX and Whole Foods (among others). Yes - a railroad and a grocery store.

SVreX wrote: One of my sons has signed up, the other one will later. Look for them to check in after the waiting period.

I saw three dudes with the same last name, so I'm assuming that's you guys. Good deal!

JamesMcD wrote: I would like to participate in this. *edit* OK, I'm in now.

Awesome!

CamaroKeith wrote:

SVreX wrote: One of my sons has signed up, the other one will later. Look for them to check in after the waiting period.

I saw three dudes with the same last name, so I'm assuming that's you guys. Good deal!

Yep. You can whoop us all in one fell swoop.

I'm in!

Hey guys. I'm SVreX's son. I'll most likely be the youngest person in this game, so you had better beat me!

I'm surprised more people aren't jumping in on this. I think it should be a lot of fun.

Give it time. I think people will warm to it.

SVreX wrote:

CamaroKeith wrote:

SVreX wrote: One of my sons has signed up, the other one will later. Look for them to check in after the waiting period.

I saw three dudes with the same last name, so I'm assuming that's you guys. Good deal!

Yep. You can whoop us all in one fell swoop.

If the winner of this game uses sound logic rather than dumb luck to win, then it's a victory for me.

Fueled by Caffeine wrote: I'm a super boring investor.

Most of the Super Boring Investors on the market are usually the Richest! Count me in to even though I'm already investing in the markets with real money (not with the Million dollar deal on marketwatch :-().

I'm in. It doesn't show my name on the list of players though, yet I pre-purchased everything according to the game rules.

I'll sign up tonight.

I registered i think. Site is a little awkward to navigate.

You can pre-purchase stuff? I'm gonna do some pre-purchasing tonight then!

GameboyRMH wrote: You can pre-purchase stuff? I'm gonna do some pre-purchasing tonight then!

I'm not sure I used the right term. I already placed all of my orders for roughly $1M worth of stuff.

I'm buying stuff now... but i'm already lost.

Says i have $2 million buying power, but only $1 mil net worth/cash. Things i'm buying are coming off of buying power, but not cash.

Am i eating up my credit without knowing?

Swank Force One wrote: Says i have $2 million buying power, but only $1 mil net worth/cash. Things i'm buying are coming off of buying power, but not cash. Am i eating up my credit without knowing?

Beyond the $1M cash you have $1M "margin" that you have to pay interest on and commissions from...sounds like the credit card from hell

CamaroKeith wrote: Like for example, the one I am in you have a $1M budget + $1M in margin you can tap into. However, if you start tapping into the margin, you are charged interest. And there are commissions you have to pay for each transaction.

Right but, i just spent $1,050,000.

It still says i have $1,000,000 cash.

Is this simply just because the game hasn't begun yet? On Oct 1, i'll see those numbers change to $0.00 cash and $50k credit?

I'd guess so.

I wonder what happens when the stock price changes between pre-purchasing and the start of the game?

Swank Force One wrote: Right but, i just spent $1,050,000. It still says i have $1,000,000 cash. Is this simply just because the game hasn't begun yet? On Oct 1, i'll see those numbers change to $0.00 cash and $50k credit?

Right, your orders haven't gone through yet. Check back at 9:30 AM on Wednesday.

GameboyRMH wrote: I'd guess so. I wonder what happens when the stock price changes between pre-purchasing and the start of the game?

You'll buy at the Wed morning price. I think the default is to buy by $ value, so you'll spend the same amount of $ (roughly), but the # of shares will be different.

Trying to make a purchase right now, says "Your order submission was rejected. Order shares 2000 are over game volume restriction 6."

I didn't see anything about this in the rules.

This is weird, because i've already done two purchases for 2000 shares.

EDIT:

I cancelled everything and tried to start over, and now i can't buy 2000 of anything at all.

Hmm. Cancelling usually takes some time, I'd come back and try it a bit later. Maybe they are making that aspect like the real world

Ok i think i found something broken. I've been trying to buy Mazda. It will not let me buy more than 5 shares, no matter how much money i have left.

I can buy 5.

I cannot buy 6, 10, 100, 1000, or 10000.

I CAN still, however, blow my entire wad on say.... Ebay for example.