The FoH Stock Market Game - Page 7

Rythonn · 12-07-2007, 02:35 PM

Quote:

Originally Posted by Gahid

Well I take back everything I said about you, it bounced back at the last minute which promises good things for tomorrow.

Also, I sold out of Google.

lol Apple went up over 4 points again today. I will most likely sell RCH when it peaks monday morning because they are ringing the bell, it should probably go up. I am not sure if I was to stay with Taser Inc. The company makes good profit and in the end that means the stock should continue to rise, but I feel like it is one bad lawsuit away from plunging. I remember reading how the stock went up 1000% it's 1st year.

Usha Starchild · 12-07-2007, 07:34 PM

woot 6th place and I have no idea what im doing

TKarrde · 12-08-2007, 03:06 AM

I disagree with the GOOG bit - sure, it's a great company, but the majority of the companies out there aren't going to flounder after a market slump. We learned too much from the Great Depression for the stock market falling to ever really cause widespread harm. The majority of the picks out there will be fine long term, as the current fall is the result of several things:

1) The credit/loan crisis. Banks loaned out too much, extended too much credit, etc, and now it's biting them in the ass

2) Overall market correction. Things like tax cuts, etc, stimulate the market and raise prices, but it's largely temporary. Things will rise a bit long term as a result, but short term year to two year effects will be higher than they really ought to be

It's also pretty irrelevant for those who are investing heavily in foreign trade. The London Stock Exchange is rapidly becoming the big player out of the global markets due to their ability to trade with all sides of the world over a single day, so the stock value on it is going to heavily impact stock value for the NYSE. Foreign assets will depreciate in value as well, due to the fact the entire market is falling, but it doesn't have the snake eating it's own tail issue that is somewhat of a reality with American companies.

I'm also of the opinion that Google is also highly overvalued. I love the company, and they are amazing innovators, but their source of revenue is STILL advertising, and they haven't actually innovated on it in years. Even Microsoft, Yahoo, etc, have more advanced and advertiser friendly programs out there. Without Google coming up with a new way to advertise effectively, eventually the price will fall. They are currently riding on image and past success, and they need to focus more of their R&D on a new advertising system, rather than space races to the moon.

I'm pretty sure this game is going to be won by those with their fingers on the pulse of foreign trade, and the ability to be consistent with effective shorting.

Also, for those of you wanting to get into stocks, I suggest the following:

1) Read Stock Investing for Dummies and Real Money by Jim Cramer. The Only Three Questions That Matter by Ken Fisher. The Warren Buffet Way by Rob Hagstrom. Plus plenty of others, but the above should give you a strong start

2) Start reading the Wall Street Journal, Forbes, watch CNBC, etc.

Ham n Cheese · 12-08-2007, 03:14 AM

haha had already forgotten about this, checked it just now and doing better than expected I guess. Johnson & Johnson letting me down, only bought it though since my friend has stock in it and wanted to track how it did while having some interest. Gamestop my biggest earner so far which isn't so surprising I guess, don't expect it to stay good though (have no real knowledge to back this up). The stock I bought the most of though (Costco) is up though and that makes me happy enough, should be fun to see how this turns out. also lol @ everyone buying google (not lol that's a bad choice, just funny~)

tjac · 12-08-2007, 06:30 AM

Quote:

Originally Posted by TKarrde

I'm also of the opinion that Google is also highly overvalued. I love the company, and they are amazing innovators, but their source of revenue is STILL advertising,

I think there's something to this. I've wondered how much value Google really has when I've not once clicked on any of its advertising links. But if Google can convert into more valuable products and services before someone effectively points out that they have no clothes, they'll be ok. I guess I kinda see them getting involved in telecommunications, energy, deployable data infrastructure, etc, in an attempt to go 'legit'.

prescient63 · 12-09-2007, 07:00 AM

Just wanted to point this website out.

Seeking Alpha

Foradream · 12-09-2007, 11:42 PM

Quote:

Originally Posted by tjac

I think there's something to this. I've wondered how much value Google really has when I've not once clicked on any of its advertising links. But if Google can convert into more valuable products and services before someone effectively points out that they have no clothes, they'll be ok. I guess I kinda see them getting involved in telecommunications, energy, deployable data infrastructure, etc, in an attempt to go 'legit'.

That's the part I've never understood about the internet advertising industry. In 10+ years on the internet, I've never once clicked on an ad and bought something. I have trouble imagining the sort of people who would.

Now I appreciate some companies just want their stuff to be seen, but still...that's worth $10 billion a year?

P.S. Google's stock price is complete bs...I would have shorted it at $500. Thank god I didn't, but it sure as shit ain't worth half that.

Grooverider · 12-10-2007, 05:34 AM

I know alot about that market Foradream, and let me tell you - you're very wrong.

Lots and lots of companies are pulling in 6 figures a DAY profit via PPC advertising.

tjac · 12-10-2007, 06:00 AM

Quote:

Originally Posted by Grooverider

I know alot about that market Foradream, and let me tell you - you're very wrong.

Lots and lots of companies are pulling in 6 figures a DAY profit via PPC advertising.

Can you elaborate?

By shear volume across a world-wide market like the internet, I'm sure profits, even through pay per click, are to be had. I think what we're getting at is that the whole perceived value of pay per click is inflated.

Maybe a better way of getting anecdotes is to ask, 1) Do you click on web adverts, and 2) do you buy from from them?

ChewieTobbacca · 12-10-2007, 06:05 AM

Web adverts and so on were one of the reasons the dot com bubble burst in the first place - all the overvaluation of online companies. I'd keep a wary eye on companies that rely heavily on internet advertising.

This reminds me of another thing - hype can drive any companies value way up beyond its true worth, and this is no different. But hey, if you can turn a profit, do it while you can before a real adjustment comes out

Usha Starchild · 12-10-2007, 06:39 AM

alladvantage.com!!!!

probably before most of your guys time on the net

Burkex · 12-10-2007, 11:03 AM

I am going to be very impressed if someone can go broke in this game.

Gahid · 12-10-2007, 11:50 AM

Twice now I have tried to put a limit sale on AMD only to have my limit change to $1,000. Unlikely stock will appreciate so. Cannot cancel order. Proper limit desired. kkthx

Rythonn · 12-10-2007, 03:07 PM

Quote:

Originally Posted by Burkex

I am going to be very impressed if someone can go broke in this game.

I was down 15k the other day, but the stock has since recovered some, still down because now RCH is trying to collapse on me. I have faith in SOLF though, the company is young and in an energy starved country like China I think it will do well. It already looks good financially, one guy said he wouldn't be suprised if it hits the 60s in 2008, we will see. As for RCH I tried to dump them at 11.50 ( i find selling at a limit is the best way to get the price you want for the stock in this game selling at market the game never gets even close to what you try to sell it at.)but it never got up there was at 11.30 a couple times lol.

What I don't get is if stock quote on the site is in real time why doesnt the game let you buy and sell at the price of the stock when you put the order in.

prescient63 · 12-11-2007, 01:47 AM

Well, I've decided to go with max volatility and max upside and am going 100% into RIC. I don't think precious metals have legs to go much further, but the market always goes crazy right before a collapse. I think all we need is some bad economic data to come out or a 0.5% rate cut next time the fed meets and I'll get a huge bounce in this microcap. The market already priced in a quarter point cut and many people are expecting a 1/2 point cut so time to gamble it up! Some other nice news for me would be another country decoupling from our currency which I see as likely.

12-08-2007, 03:06 AM	#93 (permalink)
TKarrde Beebop a loubop awhapshamboo and domo arigatou if I got to Join Date: May 2006 Posts: 665	I disagree with the GOOG bit - sure, it's a great company, but the majority of the companies out there aren't going to flounder after a market slump. We learned too much from the Great Depression for the stock market falling to ever really cause widespread harm. The majority of the picks out there will be fine long term, as the current fall is the result of several things: 1) The credit/loan crisis. Banks loaned out too much, extended too much credit, etc, and now it's biting them in the ass 2) Overall market correction. Things like tax cuts, etc, stimulate the market and raise prices, but it's largely temporary. Things will rise a bit long term as a result, but short term year to two year effects will be higher than they really ought to be It's also pretty irrelevant for those who are investing heavily in foreign trade. The London Stock Exchange is rapidly becoming the big player out of the global markets due to their ability to trade with all sides of the world over a single day, so the stock value on it is going to heavily impact stock value for the NYSE. Foreign assets will depreciate in value as well, due to the fact the entire market is falling, but it doesn't have the snake eating it's own tail issue that is somewhat of a reality with American companies. I'm also of the opinion that Google is also highly overvalued. I love the company, and they are amazing innovators, but their source of revenue is STILL advertising, and they haven't actually innovated on it in years. Even Microsoft, Yahoo, etc, have more advanced and advertiser friendly programs out there. Without Google coming up with a new way to advertise effectively, eventually the price will fall. They are currently riding on image and past success, and they need to focus more of their R&D on a new advertising system, rather than space races to the moon. I'm pretty sure this game is going to be won by those with their fingers on the pulse of foreign trade, and the ability to be consistent with effective shorting. Also, for those of you wanting to get into stocks, I suggest the following: 1) Read Stock Investing for Dummies and Real Money by Jim Cramer. The Only Three Questions That Matter by Ken Fisher. The Warren Buffet Way by Rob Hagstrom. Plus plenty of others, but the above should give you a strong start 2) Start reading the Wall Street Journal, Forbes, watch CNBC, etc. Last edited by TKarrde : 12-08-2007 at 03:14 AM.

12-08-2007, 03:14 AM	#94 (permalink)
Ham n Cheese You can betray me Join Date: Dec 2002 Location: Houston Posts: 8,926 +18 Internets	haha had already forgotten about this, checked it just now and doing better than expected I guess. Johnson & Johnson letting me down, only bought it though since my friend has stock in it and wanted to track how it did while having some interest. Gamestop my biggest earner so far which isn't so surprising I guess, don't expect it to stay good though (have no real knowledge to back this up). The stock I bought the most of though (Costco) is up though and that makes me happy enough, should be fun to see how this turns out. also lol @ everyone buying google (not lol that's a bad choice, just funny~) Last edited by Ham n Cheese : 12-08-2007 at 03:18 AM.

12-10-2007, 11:03 AM	#102 (permalink)
Burkex It's Lord of the Flies time. Join Date: Jun 2006 Posts: 2,647 -42 Internets	I am going to be very impressed if someone can go broke in this game. __________________ "If you want the ultimate, you've got to be willing to pay the ultimate price. It's not tragic to die doing what you love." My favorite comment (-1): "Your posts make me want to gouge my own eyes out."

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12-07-2007, 07:34 PM	#92 (permalink)
Usha Starchild Whatever I touch turns to Rickshaw. Join Date: Mar 2003 Posts: 971 -15 Internets	woot 6th place and I have no idea what im doing

12-09-2007, 07:00 AM	#96 (permalink)
prescient63 You can't blame women for what they do wrong in the same way that you can't blame a dog for what it does wrong. Join Date: Jan 2002 Posts: 1,490 -5 Internets	Just wanted to point this website out. Seeking Alpha

12-10-2007, 05:34 AM	#98 (permalink)
Grooverider hildog Join Date: Aug 2002 Posts: 860 +0 Internets	I know alot about that market Foradream, and let me tell you - you're very wrong. Lots and lots of companies are pulling in 6 figures a DAY profit via PPC advertising.

12-10-2007, 06:05 AM	#100 (permalink)
ChewieTobbacca Registered User Join Date: May 2003 Location: Southern California Posts: 1,752	Web adverts and so on were one of the reasons the dot com bubble burst in the first place - all the overvaluation of online companies. I'd keep a wary eye on companies that rely heavily on internet advertising. This reminds me of another thing - hype can drive any companies value way up beyond its true worth, and this is no different. But hey, if you can turn a profit, do it while you can before a real adjustment comes out

12-10-2007, 06:39 AM	#101 (permalink)
Usha Starchild Whatever I touch turns to Rickshaw. Join Date: Mar 2003 Posts: 971 -15 Internets	alladvantage.com!!!! probably before most of your guys time on the net

12-10-2007, 11:50 AM	#103 (permalink)
Gahid Registared User Join Date: Mar 2003 Posts: 1,006 +0 Internets	Twice now I have tried to put a limit sale on AMD only to have my limit change to $1,000. Unlikely stock will appreciate so. Cannot cancel order. Proper limit desired. kkthx

12-11-2007, 01:47 AM	#105 (permalink)
prescient63 You can't blame women for what they do wrong in the same way that you can't blame a dog for what it does wrong. Join Date: Jan 2002 Posts: 1,490 -5 Internets	Well, I've decided to go with max volatility and max upside and am going 100% into RIC. I don't think precious metals have legs to go much further, but the market always goes crazy right before a collapse. I think all we need is some bad economic data to come out or a 0.5% rate cut next time the fed meets and I'll get a huge bounce in this microcap. The market already priced in a quarter point cut and many people are expecting a 1/2 point cut so time to gamble it up! Some other nice news for me would be another country decoupling from our currency which I see as likely.