Last post on Apr 15, 2008 at 3:40 PM
You are in the Car Stock Exchange
What is this discussion about?
#22 of 31 Re: What I wanna know... [chung]
Apr 14, 2008 (2:00 pm)
I do regular sweeps, but you are right... you are on top of the game's activity.
We will continue looking at the leaders, though. Just to make sure all is on the up-and-up.
CSX Game Supervisor
#23 of 31 Re: What I wanna know... [networkguy]
Apr 14, 2008 (2:13 pm)
As you play more you will understand why Corolla will always have fluctuations. We see less volume trade on Corolla because of F-series and some of the wealthy active players lost all thier money but this is nothing compared to last month. We frequently saw a range of 350 and 650 on regular days.
#24 of 31 Re: What I wanna know... [chung]
Apr 14, 2008 (2:22 pm)
Well, I suppose I was in the right place at the wrong time. As I was getting schtupped on certain stocks, his value was steadily and rapidly climbing. I suppose I shouldn't have tried to react quickly to cut my losses, because after watching somewhere near half a million shares trade in about 15-20 minutes, the price ended up about where it had started. Guess I was fooled by the last traded price lagging 10 dollar swings for as long as it took to confirm the trade. (I'm talking Acura, not Corolla where a 10 dollar swing is no big deal) Yeah, I know.. rookie mistake After I got out of the stock, (losing about 5% of my worth) I watched the price bounce around wildly for another few minutes, then I had to get back to work.
#25 of 31 Re: What I wanna know... [networkguy]
Apr 14, 2008 (2:40 pm)
Here is a strategy that might work or not.. but there were times I clicked as buy the stock although the stock price was sky high, because if it is inside trading, the price will come down before I have chance to actually short it. However, Since the person will over buy the stock, the stock price will actually be less than the usual price, therefore, I am already set to click confirm. To clarify the explanation,
Open two pages, one for short, one for buy
EVO at $55 -> short 5000 -> At the confirmation page, the price is still at $55 (if not cancel)-> Click Confirm
EVO at $55 -> buy 5000 -> At the confirmation page, the price will be already down $45(if not cancel) -> Click confirm.
Press F5 to refresh the page, if you are not sure if the confirmation page price is correct.
Remember, because of all other players, the price tends to not change too much as time passes by.. it is very hard and expensive to manipulate the price because how the CSX has been set up. Have a portion of your wealth as long/medium view and another portion of short and quick action.
#26 of 31 Re: What I wanna know... [chung]
Apr 14, 2008 (4:38 pm)
I appreciate the advice, but I just watched the person 1 above me on the list gain about 130% in one non-IPO day. I think I'm done, as I have no chance of investing the time or effort it apparently requires to win.
#27 of 31 Re: What I wanna know... [networkguy]
Apr 14, 2008 (7:30 pm)
you can easily make 150% gain during IPO and another 50% the day after, and if that guy was actually cheating, the admin will get him..
#28 of 31 Re: What I wanna know... [mikedrud]
Apr 15, 2008 (2:23 pm)
Mike, I think you should just pay and promote me to the CSX Admin and I will monitor and save you from doing regular sweeps..
#29 of 31 Re: What I wanna know... [chung]
Apr 15, 2008 (2:29 pm)
I think it serves your interests to monitor the action so closely.
And all this time I thought you were an altruist.
#30 of 31 Re: What I wanna know... [mikedrud]
Apr 15, 2008 (3:03 pm)
It does not hurt to try...
I was an altruist when I had $28M.. i became indivualist as soon as I had $1M.. maybe you will see me transformed next month.. by the way what happened to omega36x?
#31 of 31 Re: What I wanna know... [chung]
Apr 15, 2008 (3:40 pm)
I really can't get into any details on any particular user.