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Car Stock Exchange This game is like way wrong!
23 messages, Last post on Sep 05, 2008 at 9:06 AM
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Replying to: pmc4 (Aug 16, 2008 2:45 pm) If you just sit back and wait for the stocks to retire, then you will profit greatly, but not quite as well as those who are actively building their portfolios in the interim. We haven't done this before, so it will be interesting to see how this shakes out. A lot of people who had shorted stocks and sat on those positions will rocket up the standings, but who will actually win? I think someone who is active in the meantime and also shorts several of the stocks with their bundle of CSX dollars. There are certainly many problems with the game, but eventually we will make changes to address many of those concerns (more info on that in September). Thanks, Mike CSX Game Supervisor
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Replying to: mikedrud (Aug 18, 2008 8:05 am) But Mike, doesn't that concept totally defeat the purpose of this game? If that's the case then the game can go on with stock symbols like A, B, C, D... instead of the actually car models. I thought the purpose of the game is to correctly predict the 6-month sales figures instead of who can manipulate a virtual stock market the best. 
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Replying to: louiswei (Aug 18, 2008 8:43 am) Thus, we will eventually make extensive changes to the game, but for now, this is the limit of the design as it is now.
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Replying to: mikedrud (Aug 18, 2008 11:43 am) This means one of two things: 1. All six players are making the exact same trades and at exactly the same time even though they're (supposed to be) six different players who have no idea what each are trading and do not know each other, or: 2. All six players are actually the same player under different aliases. Or, each player of the six are corresponding with each other. In any event, it screws up the integrity of the game. bigjaw 78.61% caddyfanantic 78.61% buyerseller 78.61% panamaj 78.61% johnreg 78.61% bigblock427 78.61%
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Replying to: pmc4 (Aug 18, 2008 2:39 pm) |
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Replying to: louiswei (Aug 18, 2008 8:43 am)
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Replying to: chung (Aug 19, 2008 8:10 am) Not enough to completely rock anyone's world, but enough to add some guesstimation into the process. |
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Replying to: chung (Aug 19, 2008 8:10 am) The question I raised is that at least until now all the winners and leaders are making their "virtual fortunes" on manipulating the market instead of making the accurate predictions. Which is totally against the principal of this game. No?
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Replying to: louiswei (Aug 19, 2008 10:19 am) It was brought up that monthly prize is against the principal of this game because players have to maximize their monthly winnings rather than making "accurate" prediction of sales. However, I believe it wont be a problem anymore since there will be always few stocks retiring from now on for almost every month and those stocks will be the ones that are most heavily traded. One more suggestion, I think the new players (less than 1 month old prior starting date for eligibility) should not eligible for the prize. There has been too many players with multiple accounts which makes other players to lose the interest of game. These are just my 2 cents. They might be correct or wrong assumptions. |
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Replying to: mikedrud (Aug 18, 2008 8:05 am) I have a feeling that a bid/ask system and also commissions on each trade would drastically change the dynamics of day trading. I think the biggest challenge you have is to make sure people don't have multiple accounts. Even if you stop an individual from creating more than one account, people could still cheat in groups with agreements to split prizes or something.
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