Last post on Feb 13, 2009 at 7:06 PM
You are in the Car Stock Exchange
What is this discussion about?
#1 of 7 Final prices for Retired Stocks in-progress
Sep 04, 2008 (4:23 pm)
We are still testing the sales data inputs and will update all of you as soon as we're prepared to "correct" the market with final prices for all retired stocks.
More info soon...
CSX Game Supervisor
Sep 05, 2008 (6:52 am)
whats a sales data input?
#3 of 7 Multiple buy/short valuation question
Sep 05, 2008 (6:54 am)
If I buy 100 shares of a stock 25.00 and the stock jumps to 75.00. I show 5000.00 profit. I don't sell. The stock then drops to 60.00. I buy another 100 shares. The price goes back to 75.00. The question is, do my held shares retain their original purchase prices or are their values averaged as soon as I purchased more. If they aren't averaged, which shares am I selling if I sell 100?
Sep 05, 2008 (7:35 am)
pmc4: "Sales data input" is just jargon for the 6-month sales figures for the 20 retired stocks (how much they actually sold in the U.S. market, which will determine their final stock price.).
We are entering that data now (input) and will test and then publish soon.
Remember, for every 1,000 units a vehicle sells in the U.S. market, it is valued at CSX $1.00 in stock price.
CSX Game Supervisor
#5 of 7 Re: Multiple buy/short valuation question [networkguy]
Sep 05, 2008 (10:02 am)
This is the scenario:
Buy 100 at 25.00.
Buy 100 at 60.00.
Average the two this way:
25 + 60/2 = 43.
Thus, when you're done buying, you put $4,300 into your position.
If you short at this price, you'll make money if you cover below $43.
You make money if you hold at this price and sell if the stock goes higher than $43.
You lose money if the stock goes below $43 if you're long.
You lose money if the stock goes higher than $43 if you're short.
Math is different if you bought different numbers of shares at different prices, but you bought the same number (100 shares), making the calculation an easy one.
#6 of 7 Re: Multiple buy/short valuation question [pmc4]
Sep 05, 2008 (11:04 am)
Thanx, that's why I used the same volume numbers in the hypothetical transaction. I was asking for confirmation about the way the game treats these purchases. I wasn't sure if it averaged the values or put them in a stack with a LIFO or FIFO type index.
Feb 13, 2009 (7:06 pm)
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