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intelliot
Site Admin
Joined: 01 May 2004
GC$
Items
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 Posted: Mon Sep 13, 2004 9:13 pm Post subject: Virtual Google (GOOG) Stock Market Shares |
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Here's a new idea.
You can buy virtual Google stock at the actual current price for GC$. For example, Google is currently 107.50.
There is a 20 GC$ transaction fee per "buy" trade (no mattter how many shares), so you could buy 10 shares for 1075 + 20 = 1095 GC$.
Learn more about GOOG in the Google IPO Forum. Now you can invest your GC$ and earn!
Here's how it works (we might come up with a better system in the future but here's what I just thought up).
Reply to this post with your order in this format:
= Buy order =
Max share price: 200
Num shares: 10
= End order =
(The numbers used above are examples. Replace with your own.)
If you had posted the above today, you would get 10 shares for 107.5 each and 1095 GC$ would be deducted from your account.
Order will be ignored if share price is over your max. Orders are good for one day only.
Obviously, you can't buy more shares than you have GC$ for.
Minimum order is currently 10 shares (remember, transaction fee is always the same). Also, you can see that this system won't work with day trading. However, you're always free to buy and sell the very next day.
Here's how to sell:
= Sell order =
Min share price: 120
Num shares: 10
= End order =
Order will be ignored if share price is below your min. Again, orders are good for one day only. No transaction fee for selling.
Every day around 5:00 PM PST (after the market has closed) I will execute all orders based on the closing price of GOOG. I will be using Yahoo Finance's historical prices, so it doesn't really matter whether I process now or later.
Keep track of your own profits and losses. 
Current holdings
Username ---- Shares
tokkolo ---- 10
darrenstraight ----- 40
alen ----- 1
shawn_93 ----- 1
andrew247 ----- 2
thibeaz ----- 5
GroundPounderUSMC ----- 7
Historical holdings
chaitanyamandava ----- 3
cruocitae ----- 1
Last edited by intelliot on Mon Jul 31, 2006 12:00 pm; edited 12 times in total |
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jeramy
Tux the Penguin
Joined: 30 Jul 2004
Location: tn
GC$
Items
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| Posted: Tue Sep 14, 2004 6:06 pm Post subject: |
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= Buy order =
Max share price: 120
Num shares: 20
= End order =
Congratulations. Order executed, 20 shares at 111.49 each |
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tokkolo
One thousand five hundred
Joined: 13 Jul 2004
Location: The Netherlands
GC$
Items
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| Posted: Tue Sep 14, 2004 10:27 pm Post subject: |
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= Buy Order =
Maximum Share Price: 120
Num Shares: 10
= End Order =
Congratulations. Order executed, 10 shares at 112 each |
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darrenstraight
Site Admin & Platinum Member
Joined: 25 Jul 2004
Location: England
GC$
Items
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| Posted: Tue Sep 14, 2004 10:38 pm Post subject: |
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= Buy Order =
Maximum Share Price: 120
Num Shares: 10
= End Order =
Congratulations. Order executed, 10 shares at 112 each
_________________
My Blog | Microsoft Discussion |
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intelliot
Site Admin
Joined: 01 May 2004
GC$
Items
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| Posted: Wed Sep 29, 2004 9:13 pm Post subject: |
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Here's an example of how you make money in this stock market game.
Take jeramy for example. He paid 2249.8 GC$ (including transaction fee) for his 20 shares.
The shares are now worth 131.08 each. He can sell and receive 2621.6 GC$, which means he gets a net gain of 371.8 GC$ for basically no work.
Imagine what would happen if you had invested 5000 GC$ or more instead?
Of course, you could also lose money - that is the nature of the game. You want to buy low and sell high. |
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Ashley
Master Googler
Joined: 10 Aug 2004
Location: Europe
GC$
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andy
Senior Googler
Joined: 25 Aug 2004
GC$
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| Posted: Thu Sep 30, 2004 11:28 am Post subject: |
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= Buy Order =
Maximum Share Price: 135
Num Shares: 13
= End Order =
At 129.60 per share, that would cost 1684.8 GC$. You have only 664.50 GC$! No action taken. |
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tokkolo
One thousand five hundred
Joined: 13 Jul 2004
Location: The Netherlands
GC$
Items
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| Posted: Mon Oct 04, 2004 11:12 pm Post subject: |
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= Sell Order =
Minimum Share Price: 135
Num Shares: 10
= End Order =
Success, 10 shares sold for 135.06 each. |
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jeramy
Tux the Penguin
Joined: 30 Jul 2004
Location: tn
GC$
Items
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| Posted: Mon Oct 11, 2004 12:48 am Post subject: |
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= Sell order =
Min share price: 130
Num shares: 20
= End order =
Success, 20 shares sold for 135.26 each |
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neno.tu
Google Freak
Joined: 10 Oct 2004
Location: Caracas - Venezuela
GC$
Items
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| Posted: Thu Oct 21, 2004 7:38 am Post subject: |
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= Buy order =
Max share price: 120
Num shares: 140
= End order =
Error - that would cost 16800 GC$, but you only have 2020.65 GC$. No action taken
_________________
NenO-tU Freelancer Web Designer and Programmer |
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Pixel
Retired Moderator
Joined: 18 Sep 2004
GC$
Items
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| Posted: Wed Nov 03, 2004 3:17 pm Post subject: |
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The funny thing is if you go to www.stockmarketgame.com and register you can play in the stockmarketgame and buy shares
PS. Just a suggestion |
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Mayur
Elite Googler
Joined: 27 Aug 2004
GC$
Items
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| Posted: Wed Nov 03, 2004 3:59 pm Post subject: |
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| There is another one where you can like create a league and have select members join it. We should make one for GC and then everyone can play. |
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Pixel
Retired Moderator
Joined: 18 Sep 2004
GC$
Items
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| Posted: Mon Nov 08, 2004 7:57 pm Post subject: |
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| Yeah I was gettin on that Idea too... |
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Randy
Former Moderator
Joined: 17 Jun 2004
GC$
Items
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| Posted: Sat Nov 13, 2004 10:54 am Post subject: |
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= Buy order =
Max share price: 120
Num shares: 100
= End order =
GOOG is at 182.00 - this is above your max price of 120, so no action was taken |
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adok
Junior Googler
Joined: 01 Dec 2004
Location: Taiwan
GC$
Items
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| Posted: Mon Dec 20, 2004 4:29 am Post subject: |
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| Why did this game stop? I am interested to know what's the price per share now. |
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