The Crimson Stock Exchange

The Crimson Stock Exchange

Players
Rotaretilbo
Elabajaba
laxspartan007

Overview
The basic goal of the game is to buy and sell stocks, who's values change throughout the game, and come out with the most money (or simply to not go bankrupt). Every purchase is a risk, but the more that is risked, the better the possible outcome.

Day to Day
Each player starts with a total $500 and all stocks cost exactly $10. The game is divided into ten market days in which players may buy, sell, or hold on to stock. Starting each day, the prices of each stock will change and players may act accordingly.

Buying Stock
Every day, players may buy or sell stock from the broker (host). The cost of each stock depends upon the day, and players do not have to buy or sell any stock if they do not want to. Note: Trading stocks between players is considered Insider Trading and is against the rules.

For example, if Jimmy buys a $10 stock, and its value is $13 the next day, Jimmy may choose to sell the stock and make a profit of $3. Likewise, if the value decreases, Jimmy then may choose to sell the stock and come out with a loss.

Margin
If desired, players may buy "on margin". In such a case, players only pay for a fifth (20%) of the price of the stock they buy. This excess money is still owed, however, upon selling the stock. The company may also choose to force a stockholder to pay the excess at any time.

For example, if Jimmy buys 5 shares of $10 stock (a $50 value) on margin, he only pays $10. Should the value of the stock go up to $13 the next day, he can sell it for $65 and then pay back the excess $40. That means that instead of earning only $3, like he would have had he spent that $10 on a regular stock, he earned $15 by buying it on margin. Should the stock drop, though, not only is there a chance that the company decides to force Jimmy to pay back that excess $40. That means that on top of losing money in the investment, he must pay back the excess to cover the full values of the stocks.

Bankruptcy
If a player ends up owing money that he or she cannot acquire by the end of the day, that player is bankrupt and is expelled from the game. There are no second chances, so spend wisely.

Loans
At any time, a player may take out a loan (maximum of $1000 total). For every day in the game, the interest rate increases by 25%. For example, if Jimmy takes out a loan of $100 and waits pays it back two days later, he owes $150 (25 times 2). A player must pay back a loan after four days or if the game ends.

Posting Procedures
I will keep a running total of each player's cash on-hand and which stocks he/she owns on the first post. To buy stock, players must type out, in bold font, how many stocks they wish to buy and the name of the company they want to invest in. Selling works the same way. If you wish to buy on margin, that must be specified as well. Selling works the same way. If a player is unable to buy or sell the amount they posted, the player will be alerted and the entire post will be disregarded. To take out a loan or to pay off a loan or margin excess, players simply post the action and amount in bold. Examples: Buy 10 shares of Aperture Science on margin, Take out $100 loan, or Pay off $100 excess on Aperture Science margin.

It may be advisable to keep a running tally of your money and stocks in order to compare to my own calculations.

Well don't all flock at once...

i think you lost everyone at stock

Oh? What's wrong? It's a fun game.

this reminds me of school
and by school, I mean the parts where you actually do work, not the fun parts

There's very little math involved... but if nobody wants to play, I suppose I may as well give up now..

/in

I'll play.

i might as well get in on this...

I'm in.

What are the businesses you can buy stock in? Real ones or fake? Probably fake.

Never mind. Sounds way too complicated.

CivBase wrote:

Overview
The basic goal of the game is to buy and sell stocks, who's values change throughout the game, and come out with the most money (or simply to not go bankrupt). Every purchase is a risk, but the more that is risked, the better the possible outcome.

Are you serious?

Yes... what's wrong with that?