- #15 of 23
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Re: oh... [h4ck54w]
by mikedrud
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Jul 29, 2008 (10:40 am)
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Replying to: h4ck54w (Jul 29, 2008 9:13 am)
If there is an effect, we would release the shares back into the market gradually to ease the effect. In the past, when we've made such corrections, it didn't shift the market noticeably.
In other words, we manipulate it so that the overall market isn't punished.
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- #16 of 23
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Re: oh... [mikedrud]
by hellomoto599
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Jul 29, 2008 (7:06 pm)
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Replying to: mikedrud (Jul 29, 2008 9:10 am)
hey mike what is this thing that I will get docked to a mil?
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- #17 of 23
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Re: oh... [h4ck54w]
by networkguy
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Jul 30, 2008 (6:48 am)
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Replying to: h4ck54w (Jul 29, 2008 9:13 am)
I had to skip yesterdays IPO, was a rough day to be a computer guy. I just saw your numbers. You _ARE_ the IPO king
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- #18 of 23
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Re: oh... [networkguy]
by h4ck54w
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Jul 30, 2008 (8:05 am)
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Replying to: networkguy (Jul 30, 2008 6:48 am)
Thanks, we'll see what I can do in the next 36 hours or so, but it looks like being IPO king can only get you so far.
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- #19 of 23
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Re: oh... [hellomoto599]
by mikedrud
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Jul 30, 2008 (8:15 am)
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Replying to: hellomoto599 (Jul 29, 2008 7:06 pm)
That is your account balance.
Perhaps you were not aware, but you cannot use multiple accounts to trade on CSX (see Edmunds registration rules and CSX Help/FAQs). We've seen some stock manipulation via multiple accounts in the past, and if we discover we dock players down to their original CSX $1M.
We have to do this in the interest of fairness for all the players.
Thanks,
Mike
CSX Game Supervisor
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- #20 of 23
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Re: oh... [h4ck54w]
by chung
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Jul 30, 2008 (3:40 pm)
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Replying to: h4ck54w (Jul 30, 2008 8:05 am)
If the market would not been so volatile becoz of "someone who made 65M using multiple accounts" you could have been in race for the prize. Better luck next time.. And for those who are curious, I will be returning for the month of August, but still taking my planned vacation as well. let's see if I can win even after missing an IPO.
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- #21 of 23
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Re: oh... [mikedrud]
by networkguy
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Jul 31, 2008 (8:28 pm)
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Replying to: mikedrud (Jul 29, 2008 10:40 am)
I think when someone is caught cheating they should be given the option of dumping all their wealth back to the market before months end. If they don't make it down to 1 mil, dock the balance. At a minimum, it would create some entertaining chaos and some folks could win the lottery
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- #22 of 23
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Re: oh... [mikedrud]
by hellomoto599
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Jul 31, 2008 (8:35 pm)
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Replying to: mikedrud (Jul 30, 2008 8:15 am)
hey mike, is there a way we can talk in private, the game is very good, but it has a few flaws, I am a finance major and I would like to help out. is there a way to do it privately?
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- #23 of 23
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Re: oh... [hellomoto599]
by mikedrud
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Aug 01, 2008 (6:43 am)
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Replying to: hellomoto599 (Jul 31, 2008 8:35 pm)
Indeed there is and we welcome your feedback.
Go here and submit your comments. I will receive that directly.
Thanks,
Mike
CSX Game Supervisor
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