Sign In Join 



Extremely Confused

30 messages,  Last post on Apr 04, 2008 at 12:13 PM

You are in the Car Stock Exchange Forum.

What is this discussion about? Future Vehicle


Messages Page 4 of 4
1
2
3
4
Prev
Next
Last
Go To Msg #
Search This Discussion

#26 of 30
Re: I don't get it... [mikedrud] by chung
Apr 04, 2008 (8:03 am)
Reply

Replying to: mikedrud (Apr 04, 2008 8:00 am)

Mike,
Although this might be hard to achieve, we do need a market limit buy/sell option.
#27 of 30
Re: I don't get it... [chung] by mikedrud
Apr 04, 2008 (8:24 am)
Reply

Replying to: chung (Apr 04, 2008 8:03 am)

This is in our plan. I definitely see it as a necessity. May timeline on this. Perhaps as late as June with some other changes we are scheduling as I type this.
#28 of 30
Stock price calculation by chung
Apr 04, 2008 (10:07 am)
Reply
Mike, would it be possible to tell us briefly how the stock price are calculated (high level I guess)? In other word, what influence the stock price? Number of players? Number of stock/short position players have? volume traded?
It seems like the stock price has more volatility after many high wealth player can't no longer trade. This seems weird because I previously thought it was high wealth traders who were moving the stock price with high volatility.
Thanks,
#29 of 30
Re: Stock price calculation [chung] by mikedrud
Apr 04, 2008 (11:49 am)
Reply

Replying to: chung (Apr 04, 2008 10:07 am)

The stocks move according to "lot sizes". When a certain number of shares are traded in one direction (buys), the stock then moves a certain percentage.
 
For example, for every 2,000 shares that move in one direction, a stock may increase by $0.46/share (just a theoretical example). We have adjusted that over time to make the movement a little less volatile, and we may revisit it so that stocks do not jump so dramatically with each batch trade, etc.
 
Does this makes sense?
 
Cheers,
 
Mike
CSX Game Supervisor
#30 of 30
Re: Stock price calculation [mikedrud] by chung
Apr 04, 2008 (12:13 pm)
Reply

Replying to: mikedrud (Apr 04, 2008 11:49 am)

This was exactly what I was looking for and it matches with my assumption. Thanks, Mike

Messages Page 4 of 4
1
2
3
4
Prev
Next
Last
Go To Msg #
Search This Discussion
To POST a message, please Sign In.

New? Join Now!

Forum Tools

Please sign in.
Email Address:

Password:

Forgot Password?

Search Forums

Enter Keyword(s)

Advanced Search

Browse by Vehicle



View All Vehicles
Advertisement
Ask the Community
See What People Are Asking

Browse by Board

Browse by Topic


View All Topics
Advertisement