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1
Automan Empire
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2018 Aug 30, 7:42pm
Automan Empire
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2018 Aug 30, 7:42pm
WookieMan says
So no upside and all downside potential?
K sign me right up!
There will be a winner that gets nothing, frankly. The loser though is either blocked for a month
So no upside and all downside potential?
K sign me right up!
2
WookieMan
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2018 Aug 30, 7:56pm
WookieMan
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2018 Aug 30, 7:56pm
Automan Empire says
It’s a random forum. Not sure what upside you could expect. Just a fun game. You don’t have to play.
WookieMan says
There will be a winner that gets nothing, frankly. The loser though is either blocked for a month
So no upside and all downside potential?
K sign me right up!
It’s a random forum. Not sure what upside you could expect. Just a fun game. You don’t have to play.
3
MrMagic
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2018 Aug 30, 9:34pm
MrMagic
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2018 Aug 30, 9:34pm
Aphroman says
Exactly!!
That $91 he made on his 100 shares he bought will allow him to retire 10 years earlier.
WINNING!!!
Close Thread.
Wookie you bought a stock Wednesday morning for 3.17 that closed at 4.08 on Thursday.
30% in one day. Nobody will bother to try and beat that
Exactly!!
That $91 he made on his 100 shares he bought will allow him to retire 10 years earlier.
WINNING!!!
Close Thread.
4
Patrick
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2018 Aug 30, 9:42pm
Patrick
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2018 Aug 30, 9:42pm
WookieMan says
How about instead of blocking anyone, we simply list the rankings of the people who are playing.
It's enough reward and punishment right there.
The loser though is either blocked for a month
How about instead of blocking anyone, we simply list the rankings of the people who are playing.
It's enough reward and punishment right there.
6
WookieMan
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2018 Aug 31, 4:35am
WookieMan
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2018 Aug 31, 4:35am
Patrick says
I suppose you're right and goes against what you're trying to do here. Just hoping to get certain people that never make picks, but criticize others all the time about their picks to put something on the line. But yes, if 20 people do it, the bottom 5 aren't going to look very good.
BayArea says
I don't mind that idea, but at some point, most men (sorry to any PatNet women) will put money on an individual stock in their lives. The 5 pick idea is kind of what most people end up doing with their retirement funds and, well, that's no fun for this game. Not a bad idea though either. Maybe have everyone do both. One pick they think is going to the moon quick. And then the blended mix like you mention.
WookieMan saysThe loser though is either blocked for a month
How about instead of blocking anyone, we simply list the rankings of the people who are playing.
It's enough reward and punishment right there.
I suppose you're right and goes against what you're trying to do here. Just hoping to get certain people that never make picks, but criticize others all the time about their picks to put something on the line. But yes, if 20 people do it, the bottom 5 aren't going to look very good.
BayArea says
I propose a portfolio of 5 tickers (stock, etf, mutual fund)
I don't mind that idea, but at some point, most men (sorry to any PatNet women) will put money on an individual stock in their lives. The 5 pick idea is kind of what most people end up doing with their retirement funds and, well, that's no fun for this game. Not a bad idea though either. Maybe have everyone do both. One pick they think is going to the moon quick. And then the blended mix like you mention.
7
WookieMan
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2018 Aug 31, 4:48am
WookieMan
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2018 Aug 31, 4:48am
MrMagic says
Lol. 100 shares. If you think 100 shares is what I believe to be losable money, it's making more sense why you've never made a stock pick. You can put more then two zeros on a number FYI, which I did to give you some perspective.
I made more money in one day sitting on my ass then most humans on this planet do in a day, so I guess, that's, not winning? I'm also mid 30's, so yeah, compounding. This pick just bought my wife and I a $6-7k vacation when we're 50 after another 15-20 years of growth, with money that wasn't there on Monday. Lol. #losingIguess?
MrMagic says
Fortunately you don't get to decide this. I think I came up with a good, fun game we can all play on patnet. Just make a pick. Don't even have to put money into the market. There's nothing to lose. Hell, my pick could be the worst and I'd own it.
One thing I won't do is attack other users about their picks. I'd maybe ask a question as to why they made that pick and try to get some more insight into what people are thinking about the market.
That $91 he made on his 100 shares he bought will allow him to retire 10 years earlier.
Lol. 100 shares. If you think 100 shares is what I believe to be losable money, it's making more sense why you've never made a stock pick. You can put more then two zeros on a number FYI, which I did to give you some perspective.
I made more money in one day sitting on my ass then most humans on this planet do in a day, so I guess, that's, not winning? I'm also mid 30's, so yeah, compounding. This pick just bought my wife and I a $6-7k vacation when we're 50 after another 15-20 years of growth, with money that wasn't there on Monday. Lol. #losingIguess?
MrMagic says
Close Thread.
Fortunately you don't get to decide this. I think I came up with a good, fun game we can all play on patnet. Just make a pick. Don't even have to put money into the market. There's nothing to lose. Hell, my pick could be the worst and I'd own it.
One thing I won't do is attack other users about their picks. I'd maybe ask a question as to why they made that pick and try to get some more insight into what people are thinking about the market.
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Now what's the deal and what I'm getting at. For simplicity sake, we're picking stocks for pure appreciation/growth. The time frame is short. 9/10, which is a Monday. So opening price that morning is your starting point. And the opening price Wed, Jan 2nd, 2019 is the end. So we're talking a couple of months.
There will be a winner that gets nothing, frankly. The loser though is either blocked for a month (if Patrick can do that or wants to) or they can have integrity and will ban themselves for a month. Picks are due by 9/10 opening bell.
Anyone game to play?