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Car Stock Exchange External factors need to move the market
External factors need to move the market
6 messages,
Last post on Sep 10, 2008 at 1:59 PM
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Future Vehicle
- #4 of 6
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Re: External factors need to move the market [networkguy]
by pipedaddytx
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Sep 09, 2008 (7:18 am)
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Replying to: networkguy (Sep 08, 2008 12:43 pm)
Thanks for the feedback. I guess my primary point is that our market alone has come nowhere close to "correcting" for the actual sales figures. Nowhere close!
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- #5 of 6
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Re: External factors need to move the market [pipedaddytx]
by networkguy
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Sep 09, 2008 (10:36 pm)
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Replying to: pipedaddytx (Sep 09, 2008 7:18 am)
The just retired stocks have been around since close to the start of the game. Many were insanely overvalued. I bet there are/were a reasonably high number of dormant players with shares of these stocks.
Also, once shares start dropping into the 20's, it takes quite a bit of cash to short significant numbers. I believe the recent IPO's haven't climbed nearly as high as earlier cars with similar sales projections.
I'm not saying the game can't use some work. Pricing being derived strictly from player actions does have it's limitations. As Mike would say, it's still in beta.
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- #6 of 6
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Re: External factors need to move the market [networkguy]
by pipedaddytx
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Sep 10, 2008 (1:59 pm)
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Replying to: networkguy (Sep 09, 2008 10:36 pm)
Once again good feedback. Seems like the Mike and co. are playing a wait and see strategy so we'll see how the next few months shape up. Seems like the measure of "success" in this game is how close the retire price of a stock comes to the actual price. Would anyone agree with that statement?
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