Re: PBM Stocks & Shares Game? UK Prefer, any however welcome?

From: Jim Woodward <jdw@bnc56jdw.bently.com>

Date: Thu, 30 May 1996 00:00:00 +0000

The Prism wrote:
>
> Hello All,
>
> I was wondering if there was a PBM Stocks-Shares game that I could
> join. I would prefer it if it had UK related information, but even if
> it is US related, I do NOT really mind.
>
> Well,
>
> Thanks in Advance,
>
> Regards,
> The Prism.

An interesting possibility that some of my fellow co-workers are doing
is a sort of fantasy stock exchange (similar to fantasy football).  Each
person gets so much money to start with (I think they used $10,000 US
currency).  They picked one or two stock exchanges to use (New York
Stock Exchange and AMEX) - it could easily be more or less markets
including international markets, bonds, or commodities, in addition
to stock markets - just depends on how much work the moderator wants to
get into.  Each player can buy or sell at any time.  When a buy or sell
order is given the price of a share will be the close price for that day
(or the next if order given after the close of the market).  This way
the price is not known until the market closes and is reported in the
newspaper or on a web page as a closing price.  One person keeps track
of who owns what and tracks the closing Friday price for the group and
tracks the buy and sell orders.  At the end of each month he lists the
rankings of each player based on his portfolio value (including any cash
balance).  This would be easy enough to set up among any group of people
that would be willing to play as long as someone was willing to
volunteer to do the moderating within that group.  The group should
decide on one source for prices for each exchange market use so if there
are any typos or discrepencies between sources this one is the set
source (regardless if any errors exist in that source).  If this game is
managed on the internet via e-mail - then I'd suggest a stock quote
type web page address be the defined source for pricing.

--
Jim Woodward
jdw@bnc56jdw.bently.com

References

PBM Stocks & Shares Game? UK Prefer, any however welcome?
ads@prism.netkonect.co.uk (The Prism)
Tue, 28 May 1996 00:00:00 +0000

Referenced By

PBM Stocks & Shares Game? UK Prefer, any however welcome?
ads@prism.netkonect.co.uk (The Prism)
Tue, 28 May 1996 00:00:00 +0000