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Car Stock Exchange CSX Errors
242 messages, Last post on Nov 03, 2008 at 6:55 AM
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Replying to: cheapskate77 (Feb 28, 2008 2:09 pm)  Shorting, especially the auto-covered variety that's done in this game, can be tricky to understand. Check out this post and see if it makes things a little more clear. Adding to that, I should point out that the transaction list on the Portfolio page is showing the inverse prices for short and cover transactions, so if you see a short  $10, and then a cover at $20, this means that you shorted the stock when its "buy" price was at $90, and covered it at a buy price of $80, so you made money because it did indeed go down. However, in your case, if the cover price is lower than the short price, because both are inverses of the "buy" price, you know that the "buy" price went up and you lost money. I think the rules are correct when they discuss the "difference between the original sale price and the current price", it's just unclear that the prices shown in the transaction list for shorts and covers are not the stock's actual price, but the inverses (which you pay when you do a short or a cover).
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Replying to: xed (Feb 28, 2008 2:30 pm)
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Replying to: british_rover (Feb 28, 2008 3:03 pm) It was confusing to me at first too but the help page really helped a lot.
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Replying to: louiswei (Feb 28, 2008 3:29 pm) Thanks, Mike CSX Game Supervisor |
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In the future will there be an option to place limit orders?
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Replying to: davantriv (Feb 28, 2008 8:26 pm) We don't specifically have that in the plans, but we've received other feedback about adding more choices to CSX trading, so I appreciate your note. These are the kinds of things we've wanted to hear from our participants, because it could help us improve the (beta) game in the future. We'll take this into consideration as we continue to review game play. Thanks, Mike CSX Game Supervisor
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Replying to: mikedrud (Feb 28, 2008 8:30 pm) |
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Is it me or is everyone else seeing incorrect calculations?
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Replying to: hodge_podge (Feb 29, 2008 6:09 am) Thanks, Mike CSX Game Supervisor |
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Hey Mike: CSX $7,295,666.61 Overall Rank: 1888 Percentile: 0.00% % Change (Last 7 Days): 629.57% Available Cash: CSX $197,065.43 % Change (Last 30 Days): 629.57% Stocks: CSX $7,098,601.22 % Change (Last 90 Days): 629.57% You see the problem? |
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