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CSX Game play questions

65 messages,  Last post on Apr 29, 2008 at 8:15 AM

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#43 of 65 Re: MikeDrud [gtrracer] by mikedrud Mar 02, 2008 (9:52 am)
Replying to: gtrracer (Mar 02, 2008 8:52 am) gtrracer,   I can't really say what your strategy should be since the game is so new. We are just discovering how people are playing, and different strategies are emerging.   Some people have shorted stocks, knowing that monthly vehicle sales figures could show that some stocks are overvalued, which could lead to a market correction (downturn in prices). Thus, the shorting strategy.   Others are competing vigorously for the monthly prize. In an effort to maximize their net gain, they are actively trading each day, buying stocks, then selling them back, then re-buying when they see the stocks drop, hoping that their purchases may help drive prices right back up again in the short term.   Some players are taking a long approach, hoping that stocks will drop significantly in a few months when sales figures from several months show the "true" value of stocks. They concede that they won't win this month or next month's prizes, because their percentage gain in the short term won't be good. But they want to be competitive later, so they are willing to be patient now.   Honestly, I think being an active trader now is good. Buying in and watching the stocks each day can help you get a gauge of the patterns that are emerging in the market, and you can take short term gains and hope to buy/short more stocks for a longer term payoff.   I myself am playing and find it as challenging as the rest of you. The prices are more reflective of enthusiasm for trading or enthusiasm for certain vehicles than reflective of vehicle sales in the U.S. market. I think that's just fine, because enthusiasm or the lack of it is a big factor in real markets too.   Sorry I can't be more definite in my response. I hope this helps in some way, at least.   Best,   Mike CSX Game Supervisor
#44 of 65 Limits by estreka Mar 03, 2008 (7:52 pm)
From what I gather, pricing is determined by a formula taking the current price and fluctuating the buy or sell prices based on the amount of shares desired.   I think a big problem is there is too much money and not enough production ($1 million x 2600 members = $2.6 billion; yet total production for all vehicles might be 500,000). Now, take a low production model, say the Clubman, at est 4,500 sales. If the asking price is $4 and I want to buy, any purchase I make is going to push the value over the limit. It seems to me that the game is eventually going to end up a balancing act between buyers and shorters. To eliminate this, a limit ability would have to be implemented.   Speaking of shorters, what happens to them when a stock is retired? Are they negatively compensated for the final production price?   Also, could the game get a volume index? I'd love to see just how many Corolla shares are being traded daily.   Also, I just noticed the sell price for my 40 Corolla shares is $0 while the buy price is $537. Yikes! Replies to this message: louiswei (Mar 03, 2008 8:51 pm)
#45 of 65 Re: Limits [estreka] by louiswei Mar 03, 2008 (8:51 pm)
Replying to: estreka (Mar 03, 2008 7:52 pm) Okay, let's say you shorted the stock at $65 per share and it retired at $10 per share then that means you made $55 per share. Simple as that.
#46 of 65 Hmhh by british_rover Mar 04, 2008 (7:50 am)
Subaru has there Feb 2008 Sales data out but the STI is not broken out separately. Anyone have data on the STI by itself?   http://www.media.subaru.com/ Replies to this message: mikedrud (Mar 04, 2008 9:31 am)
#47 of 65 Re: Hmhh [british_rover] by mikedrud Mar 04, 2008 (9:31 am)
Replying to: british_rover (Mar 04, 2008 7:50 am) See my discussion thread relating to "Unit sales data for February".
#48 of 65 When do new cars get added by ss925 Mar 04, 2008 (9:38 am)
It's my second day of trading (love it). When do new cars get added. Is it an totally new list or do they get replaced one at a time. Replies to this message: mikedrud (Mar 04, 2008 10:04 am) tifighter (Mar 04, 2008 5:22 pm) mikedrud (Mar 04, 2008 11:05 pm)
#49 of 65 Re: When do new cars get added [ss925] by mikedrud Mar 04, 2008 (10:04 am)
Replying to: ss925 (Mar 04, 2008 9:38 am) We will start adding new vehicles this Tuesday, March 11. We were intending on releasing only 1 new vehicle per week but I think we are going to up that due to popular demand for more commodities.   Here's a calendar: http://csx.edmunds.com/Main.php?do=calendar   Best,   Mike CSX Game Supervisor Replies to this message: tifighter (Mar 04, 2008 5:22 pm) mikedrud (Mar 04, 2008 11:05 pm)
#50 of 65 Re: When do new cars get added [mikedrud] by tifighter Mar 04, 2008 (5:22 pm)
Replying to: mikedrud (Mar 04, 2008 10:04 am) I think bumping it from one IPO a week is a good idea; the demand has been pretty wild so far... Replies to this message: mikedrud (Mar 04, 2008 11:05 pm)
#51 of 65 Re: When do new cars get added [tifighter] by mikedrud Mar 04, 2008 (11:05 pm)
Replying to: tifighter (Mar 04, 2008 5:22 pm) I think I'm going to do just that. I will send out a message via this board and then on the "Calendar" page between this Friday and Monday at the latest.   Best,   Mike CSX Game Supervisor
#52 of 65 WTD by estreka Mar 06, 2008 (10:23 am)
I have a question about the leaderboard. On the overall section, there is a column labeled WTD. What does that stand for? Replies to this message: mikedrud (Mar 06, 2008 10:27 am)

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