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[Jesse2040]

Here is your Leagues top 15 on The simExchange (Mid-Month Post NPD).
Also attached is the league rankings for Total Net Worth and MTD Change.

Instead of making a new topic every month I will keep this topic going for 2008 and just make regular updates.

We are currently working on (1). A better system for calculating league rankings; likely, we will not be counting those members who do not make an active trade within one month, but please understand we have taking all your suggestions into consideration to make these leagues better for you.(2) We will be trying to add more diverse leagues in the coming months.

View your entire league’s results here.

NAME------------- Net Worth------------- MTD Change
1 rikitikitik------------- 29,871,896.53------------- -1.81%
2 trihunter------------- 24,993,853.12------------- 6.12%
3 Charron------------- 19,521,223.15 5.45%
4 Meier------------- 9,572,983.47------------- 22.21%
5 Uncle------------- 8,018,203.08------------- 42.57%
6 unsigner------------- 8,015,539.98------------- 8.08%
7 argon------------- 6,817,612.89------------- 10.70%
8 apujanata------------- 4,490,354.14------------- 52.25%
9 sonycowboy------------- 4,298,625.81------------- 113.08%
10 Minsc------------- 3,742,619.17------------- 19.78%
11 Heidir------------- 3,389,035.21------------- 48.99%
12 Dino------------- 3,049,673.78------------- 8.75%
13 JoshuaJSlone------------- 2,986,683.94------------- 51.55%
14 Bonfires Down------------- 2,951,432.82------------- 18.69%
15 Jesiatha ------------- 2,626,582.04------------- 28.92%


Rank Name Total Net Worth %Change MTD

1 Cheap Ass Gamer ------------- 309,102,884.82 ------------- 12.46%
2 NeoGAF ------------- 215,290,579.65------------- 16.87%
3 Evil Avatar ------------- 110,231,028.75 ------------- 13.64%


Any surprises last month? What made you the most DKP? What did not?
I am on the board regularly, so feedback is always appreciated.

 

[apujanata]

Here is your Leagues top 15 on The simExchange (Mid-Month Post NPD).
Also attached is the league rankings for Total Net Worth and MTD Change.

Instead of making a new topic every month I will keep this topic going for 2008 and just make regular updates.

We are currently working on (1). A better system for calculating league rankings; likely, we will not be counting those members who do not make an active trade within one month, but please understand we have taking all your suggestions into consideration to make these leagues better for you.(2) We will be trying to add more diverse leagues in the coming months.

View your entire league’s results here.

NAME------------- Net Worth------------- MTD Change
1 rikitikitik------------- 29,871,896.53------------- -1.81%
2 trihunter------------- 24,993,853.12------------- 6.12%
3 Charron------------- 19,521,223.15 5.45%
4 Meier------------- 9,572,983.47------------- 22.21%
5 Uncle------------- 8,018,203.08------------- 42.57%
6 unsigner------------- 8,015,539.98------------- 8.08%
7 argon------------- 6,817,612.89------------- 10.70%
8 apujanata------------- 4,490,354.14------------- 52.25%
9 sonycowboy------------- 4,298,625.81------------- 113.08%
10 Minsc------------- 3,742,619.17------------- 19.78%
11 Heidir------------- 3,389,035.21------------- 48.99%
12 Dino------------- 3,049,673.78------------- 8.75%
13 JoshuaJSlone------------- 2,986,683.94------------- 51.55%
14 Bonfires Down------------- 2,951,432.82------------- 18.69%
15 Jesiatha ------------- 2,626,582.04------------- 28.92%


Rank Name Total Net Worth %Change MTD

1 Cheap Ass Gamer ------------- 309,102,884.82 ------------- 12.46%
2 NeoGAF ------------- 215,290,579.65------------- 16.87%
3 Evil Avatar ------------- 110,231,028.75 ------------- 13.64%


Any surprises last month? What made you the most DKP? What did not?
I am on the board regularly, so feedback is always appreciated.

If you can do a league stat, but based on networth percentage increase, or based on networth increase, in addition to the current one (that is based on networth), it will be usefull.

When you talk about last month, are you asking about Dec 07 (Dec 1 - Dec 31), or Dec 07 NPD (Dec 2 - Jan 6) ?
My big lost related to NPD Dec 07 expiration is Wii.

Nice to see that out of the 3 community, NeoGAF have the highest # increase 16.87%, above EA's 13.64% and CAG's 12.46%

Off-topic : Why is it that your id at simExchange (Jesse2050) are different than at NeoGAF (Jesse2040) ?

 

[DDayton]

I will keep fighting the good fight.

I'm starting to get worried about the Sadness stock I've been shorting, though.

 

[Uncle]

What made you the most DKP?

I shorted about 42k shares of Mass Effect's NPD december future @ 49.something DKP and I bought some long COD4 NPD december futures @ about 76 DKP. Should have bought more COD4, but I was already out of cash and then the prices started to rise. I also sorted a small amount of the PS3 december NPD @ 86 DKP.

 

[rikitikitik]

After my huge loss in the November NPD followed by my huge short stock on two games that was being bought long by someone who had a HUGE amount of DKP, I was unable to invest much on December NPD, but I gained enough to go above 30M again. I shorted PS3 and went long on RE:UC. I'm glad I bought out my Uncharted sells at ~13 DKP

I've shorted quite a number of stocks for January, those numbers are still very bulish. Too bad my Available to short is in the red at the moment.

The huge drop for Advance Wars: Days of Ruin LTD will be very delicious once January NPD figures arrive.

 

[apujanata]

I will keep fighting the good fight.

I'm starting to get worried about the Sadness stock I've been shorting, though.

In shorting Sadness, you are going against rank #1, Zukaus, with 200 Million (or is it more ??), since he is a firm believer in Sadness stock.

Argon has gone against him, when Argon has 23 Million DKP, and Argon lost. Please buy back those sadness stock, even at a loss, and find other stock more worthy of your investment (tips : see what Zukaus is holding, and don't go against him. In fact, going against anyone on LTD stock is almost suicide, since I almost always lose money when shorting LTD). If you want to short, do it for future (monthly NPD), not for LTD (lifetime).

After my huge loss in the November NPD followed by my huge short stock on two games that was being bought long by someone who had a HUGE amount of DKP, I was unable to invest much on December NPD, but I gained enough to go above 30M again. I shorted PS3 and went long on RE:UC. I'm glad I bought out my Uncharted sells at ~13 DKP

I've shorted quite a number of stocks for January, those numbers are still very bulish. Too bad my Available to short is in the red at the moment.

The huge drop for Advance Wars: Days of Ruin LTD will be very delicious once January NPD figures arrive.

Are you also going against Sadness (and Zukaus) ?
I don't think the AW : DoR will have disappointing #. Don't listen to NeoGAF harcore gamer (those who have 100 hours + investment in AW : DS), since their taste usually run counter to general opinion (based on past performance of sales vs NeoGAF expectation).

You can increase your available to short (to black) by either selling your existing stock, or by buying stocks that you were short at (reduce your short). I have done this in the past to enable me to short some stock that I am more confident (have bigger profit percentage possibilities).

 

[rikitikitik]

Are you also going against Sadness (and Zukaus) ?
I don't think the AW : DoR will have disappointing #. Don't listen to NeoGAF harcore gamer (those who have 100 hours + investment in AW : DS), since their taste usually run counter to general opinion (based on past performance of sales vs NeoGAF expectation).

You can increase your available to short (to black) by either selling your existing stock, or by buying stocks that you were short at (reduce your short). I have done this in the past to enable me to short some stock that I am more confident (have bigger profit percentage possibilities).

No, but close enough. PS3's Oblivion (625.6k) and PSP's WWE Smackdown VS Raw 2008 (524.3k). Those are, IMO, rather bullish numbers, buoyed mostly with zukaus's backing. I'm slowly buying back those stocks, but I still can't accept that they're at the price they currently are.

I don't quite understand your thinking on AW: DoR. Are you saying it won't sell as predicted (currently at 678.4k)?

 

[Stumpokapow]

The huge drop for Advance Wars: Days of Ruin LTD will be very delicious once January NPD figures arrive.

I had fairly heavily shorted the AWOR LTD a while ago, and then posted some comments to the effect that 63DKP would be the actual proper valuation. After a little back and forth, it seems like either other people thought so too or people agreed with me, which caused a 10DKP drop in the LTD. I bought out though because I read about the controversy with the Sadness LTD stock and I figure I'm much safer sticking with futures for now.

 

[rikitikitik]

Well there's no huge backer on it at the moment so the stock is pretty safe as it is. You people should have been there during the Project HAMMER fiasco :lol

 

[deftangel]

I'm very new to this so only dipped my toe in last month. Made a small profit on shorting some PS3 Dec Futures. Didn't join the GAF group as I didn't want to bring the aggregate down with noobness or lack of activity

I'll have a proper stab it this year once I get my head round it. I wasn't sure how much I could go shorting the one thing, I think it was only 65k's worth and wound up with 25K DKP profit...

 

[apujanata]

No, but close enough. PS3's Oblivion (625.6k) and PSP's WWE Smackdown VS Raw 2008 (524.3k). Those are, IMO, rather bullish numbers, buoyed mostly with zukaus's backing. I'm slowly buying back those stocks, but I still can't accept that they're at the price they currently are.

I don't quite understand your thinking on AW: DoR. Are you saying it won't sell as predicted (currently at 678.4k)?

I believe that AW : DoR will achieve their 700K sales GLS estimate. I believe you think that AW : DOR will NOT achieve that #, hence my response.

As I have mention so many times, playing in the long market, especially when you are doing a short selling, is very dangerous. You can lose money big time, especially if someone with big networth is in a position against your believe. You have to convince them of your logic and calculation, before you can get any profit.

Since Zukaus networth is so big, he is in fact "Mr. Market". As everyone know, going against "Mr. Market" is suicide (in real life stock market). If Mr. Market think a stock have to go down, you just cut your loss, and buy it again at lower price. If Mr. Market think a stock is underpriced, you buy those stock, and ride it up, and sell at a profit.

 

[rikitikitik]

I believe that AW : DoR will achieve their 700K sales GLS estimate. I believe you think that AW : DOR will NOT achieve that #, hence my response.

As I have mention so many times, playing in the long market, especially when you are doing a short selling, is very dangerous. You can lose money big time, especially if someone with big networth is in a position against your believe. You have to convince them of your logic and calculation, before you can get any profit.

Since Zukaus networth is so big, he is in fact "Mr. Market". As everyone know, going against "Mr. Market" is suicide (in real life stock market). If Mr. Market think a stock have to go down, you just cut your loss, and buy it again at lower price. If Mr. Market think a stock is underpriced, you buy those stock, and ride it up, and sell at a profit.

I guess we'll just have to agree to disagree on AW then.

Way back, there were no futures to invest in. If I remember correctly, around half, and probably more, of my net worth was due to investing on the normal stocks. Buying a huge amount of Animal Crossing stocks at 200DKP, for instance, earned me tons. I agree that it's harder to find something similar lately, but who knows?

And I think shorting is the way to go. People tend to go bullish on stocks, especially the new players, buying up stocks of games that they like. I know because I've been there. If you look at the top ten players, most of them have more short lifetime stocks than longs. And even with those who aren't, I'm betting they have a pretty substantial amount of shorts as well. Although news that support short sells are harder to come by, it's generally the easier route to making money in the game.

I agree with your opinion on Mr. Market. I just feel that the principle of having just one player sway the direction of a stock on his own with no reason or backing whatsoever goes against what the site is for. Instead of 'wisdom of the crowd', it becomes the 'wisdom of just one really loud person'. I feel it's a bit unbalanced that we have a single person with a 9-digit DKP with the next in line with just a quarter of his net worth. But hey, I guess we'll just have to live with it I guess, and pray that Mr. Market doesn't go against one of the stocks you own.

 

[Jesse2040]

Off-topic : Why is it that your id at simExchange (Jesse2050) are different than at NeoGAF (Jesse2040) ?

There was already a Jesse2040. I've ran into this a lot, hah

 

[apujanata]

I guess we'll just have to agree to disagree on AW then.

Way back, there were no futures to invest in. If I remember correctly, around half, and probably more, of my net worth was due to investing on the normal stocks. Buying a huge amount of Animal Crossing stocks at 200DKP, for instance, earned me tons. I agree that it's harder to find something similar lately, but who knows?

And I think shorting is the way to go. People tend to go bullish on stocks, especially the new players, buying up stocks of games that they like. I know because I've been there. If you look at the top ten players, most of them have more short lifetime stocks than longs. And even with those who aren't, I'm betting they have a pretty substantial amount of shorts as well. Although news that support short sells are harder to come by, it's generally the easier route to making money in the game.

I agree with your opinion on Mr. Market. I just feel that the principle of having just one player sway the direction of a stock on his own with no reason or backing whatsoever goes against what the site is for. Instead of 'wisdom of the crowd', it becomes the 'wisdom of just one really loud person'. I feel it's a bit unbalanced that we have a single person with a 9-digit DKP with the next in line with just a quarter of his net worth. But hey, I guess we'll just have to live with it I guess, and pray that Mr. Market doesn't go against one of the stocks you own.

Whose fault is it that the other players don't have networth as much as zukaus ? Surely not zukaus' fault ?
Rank 1 (234 Million) = Total of Rank 2 to Rank 7. (246 Million)
If Zukaus has an irrational position, and IF rank 2 to Rank 7 ALL agree that it is not rational, they can still influence the market, by going against Zukaus together.

Of those Top 25, only 7 are members that registered before Zukaus (since his id is 214, all member that have id < 214 registered before him). I believe that in the near future (< 1 year), Rank 2 to 7 will have double Zukaus's networth, if Zukaus keep on trading stock without reason or backing (as you seem to think he is doing now).

 

[DDayton]

In shorting Sadness, you are going against rank #1, Zukaus, with 200 Million (or is it more ??), since he is a firm believer in Sadness stock.

Bah... one nut is driving up Sadness stock? That HAS to collapse, right? What happens to games that never see release?

 

[apujanata]

Bah... one nut is driving up Sadness stock? That HAS to collapse, right? What happens to games that never see release?

If he is really a nut, he will not get to #1 (unless he is a genius Nut). IMO, it is possible that he believe that Sadness will eventually be released, and he also believe that the sales # should be ok. Just because someone's belief is different than yours, that doesn't automatically made him a nut .

It is also possible that he has so much money, so he didn't really know what he can do with his money, and started to do some speculating investment (like going against people's short etc).

Game that never see release will eventually be cashed out, at the last price (IIRC). Jesse2040 can correct me here if I was wrong, or you can read the blog page, since it was discussed in the past (re project HAMMER fiasco).

 

[DDayton]

If he is really a nut, he will not get to #1 (unless he is a genius Nut). IMO, it is possible that he believe that Sadness will eventually be released, and he also believe that the sales # should be ok. Just because someone's belief is different than yours, that doesn't automatically made him a nut .

... but if there is no evidence that a game is actually in development, buying a pile of stock in it DOES qualify you as a nut!

The fact that games which never see release are "cashed out" rather than collapse seems problematic to me. That puts speculation over actual "value" -- a game that never releases is like a company that declares bankruptcy and shuts down... the stock should be rendered valueless, NOT cashed out.

 

[Quazar]

Can I join this league?

EDIT: Didn't see the big ass message when clicking on site.

 

[apujanata]

... but if there is no evidence that a game is actually in development, buying a pile of stock in it DOES qualify you as a nut!

The fact that games which never see release are "cashed out" rather than collapse seems problematic to me. That puts speculation over actual "value" -- a game that never releases is like a company that declares bankruptcy and shuts down... the stock should be rendered valueless, NOT cashed out.

The previous rule is "collapse", rather than "cashed out". There are reason for it, and I invite you to read about it in SimExchange.

Having said that, based on current rule, why don't you just stay away from game stock that has not been released yet, to avoid possible problem ?

Regarding Sadness, I believe the game was developed (by Nibris ??), but no company has agreed to became the publisher. I could be wrong (since I don't really follow up the Sadness game).

 

[DDayton]

Having said that, based on current rule, why don't you just stay away from game stock that has not been released yet, to avoid possible problem ?

I'm just annoyed because I speculated based on the near-certain doom that should face the stock. But, such is life... I just don't get the logic behind not causing death and destruction to canceled titles.

 

[starship]

I hadn't started this until Jan. 8th so I missed the first week of the month but still I could make some reasonable profits. I'm the 11th person this month (4th on NeoGaf league) which is not bad.

 

[apujanata]

With only 9 more days to go, will Sonycowboy manage to hold onto his #1 position in the monthly charts ? In the monthly chart, I see so many NeoGAF league member (like starship, joshua, heidir) in the Top 25.

 

[Meier]

I'm just annoyed because I speculated based on the near-certain doom that should face the stock. But, such is life... I just don't get the logic behind not causing death and destruction to canceled titles.

I've held Sadness short for some time and lost money on it, but principle I'm staying there. There's absolutely NO WAY the game will ever be released. It doesn't even exist.

I've been very bullish on GH3 and Mario & Sonic for quite awhile and those treated me well in December. I had about 30,000 shares of Mario Party DS' future which unfortunately did not turn out as great as I'd hoped. I think I ended up making about 125k off of it total.

 

[Mushashi]

With only 9 more days to go, will Sonycowboy manage to hold onto his #1 position in the monthly charts ? In the monthly chart, I see so many NeoGAF league member (like starship, joshua, heidir) in the Top 25.

It's a high possibility he will, his positions are quite sound and NPD results are already priced in for this month. Only some suprising sales news on some obscure game could raise other users performance to similar level.

 

[sonycowboy]

It's a high possibility he will, his positions are quite sound and NPD results are already priced in for this month. Only some suprising sales news on some obscure game could raise other users performance to similar level.

I'm in a pretty good spot, but I lost value two days in a row there before yesterday, so you never know.

apujanata got his 500k bonus for reaching 500 netbids. That and his other increases for the day ought to put him up to close to 80% for the month. I got a 250k bonus before NPD for going over 250 netbids, but I'm not going to get close to 500.

 

[Randy Lanzarote]

How long does it usually take to join a league? I signed up for TSE yesterday and put my neogaf username in my profile, but so far no luck.

 

[apujanata]

How long does it usually take to join a league? I signed up for TSE yesterday and put my neogaf username in my profile, but so far no luck.

You need to wait only one day before your name show up on the league list. It is stated in the league page

It's a high possibility he will, his positions are quite sound and NPD results are already priced in for this month. Only some suprising sales news on some obscure game could raise other users performance to similar level.

Is this the same mushashi as the one on simExchange ? Why didn't you register as part of NeoGAF league ?

I'm in a pretty good spot, but I lost value two days in a row there before yesterday, so you never know.

apujanata got his 500k bonus for reaching 500 netbids. That and his other increases for the day ought to put him up to close to 80% for the month. I got a 250k bonus before NPD for going over 250 netbids, but I'm not going to get close to 500.

Yeah, I got my 250K bonus on Dec 07, at it helped me get #3 on Dec 07 monthly list. I don't think I will be able to get to #2 or #1, it is too far away (unless #1 & #2 slip up, and did some bad investment, which I don't think they will happen).

I think it is possible for you to achieve the 500K bonus on February, while I try to have the 1 Million bonus on February (January is impossible), but I am not certain I can get 1 Million level on February. It is more probable to happen on March.

I got lucky with increase in COD4 X360 GLS stock and Mario Party DS GLS stock on Jan 22, and got 110K profit from them.

 

[Randy Lanzarote]

You need to wait only one day before your name show up on the league list. It is stated in the league page

Each time I log in it tells me I have no friends... its extremely depressing! :lol Hopefully it'll show up tomorrow.

I made a giant mess-up yesterday when I started my account. I accidentally bought a load of CoD4 LTD stocks, at something like 593dkp. I immediately sold over half of them back, then today I see they are up to 650ish... D'oh! At least I kept 50 of them.

 

[apujanata]

Each time I log in it tells me I have no friends... its extremely depressing! :lol Hopefully it'll show up tomorrow.

I made a giant mess-up yesterday when I started my account. I accidentally bought a load of CoD4 LTD stocks, at something like 593dkp. I immediately sold over half of them back, then today I see they are up to 650ish... D'oh! At least I kept 50 of them.

5% potential profit opportunity just slip through your fingers. You are not lucky enough to keep them. Better luck next time. If you wanted to have friend, just invite them as friends. Click on someone's page, and there is an invite friend button. After clicking on it, it will show on that person's trade page. If they agree to your request, it will show up in your trade page and "your league" page.

If you have problem with friends, there is a help page (on simEx) that specifically deal with step-by-step instruction on adding friend.

 

[GhaleonEB]

I'll spend some time taking positions for 2008 tonight. I've been busy taking new positions on my real-life investments.

 

[apujanata]

I'll spend some time taking positions for 2008 tonight. I've been busy taking new positions on my real-life investments.

Off-topic : I have been beaten severely the last 10 days. All of my real-life investment are in the red, and all of them are in the -15% range. Luckily, I have some of them converted into cash before the mini-crisis (back in early January), and I have profit in 2007, so I am still surviving. How about you ? I didn't play in the US stock market (I'm from other country), so it is interesting to hear about player in the US market. Your DJIA is lowest, no ? and .75 cut on Fed just to prevent market collapse ? (my country collapse 7% in just one day, while US only collapse 1%).

 

[GhaleonEB]

Off-topic : I have been beaten severely the last 10 days. All of my real-life investment are in the red, and all of them are in the -15% range. Luckily, I have some of them converted into cash before the mini-crisis (back in early January), and I have profit in 2007, so I am still surviving. How about you ? I didn't play in the US stock market (I'm from other country), so it is interesting to hear about player in the US market. Your DJIA is lowest, no ? and .75 cut on Fed just to prevent market collapse ? (my country collapse 7% in just one day, while US only collapse 1%).

My funds dropped about 7% YTD on average; much better than the market but still too much.

Until a few years ago, I used to hold individual stocks, but it was expensive to purchase them that way, as I'm a buy and hold, long-term investor. After taking a bath on a few (thanks Sony!) and making mint on some (thanks Sega/Sammy!) I sold my shares and now invest in 100% mutual funds. It suits my more risk-averse, long-term perspective. I make regular, automated contributions during the year and then do portfolio adjustments once a year in December.

A few years ago I shifted about 1/3 of my portfolio into international funds (Euro-pacific and emerging markets) and those have done very well. The US funds are heavily weighted to income generating funds (with distributions reinvested), which got about 8% on average in dividends in 2007, so there's a cushion there as their share price declines.

After an adjustment this week I now have about 1/3 US income funds, 1/3 bond funds and 1/3 internationally diversified funds. I'll hold that until the end of the year and re-evaluate. I went through the Internet bubble and 9/11 crashes and came out just fine by holding on, I'll do the same here.

I also hold some Intel stock (as I work at Intel) and took a freaking BATH so far this year; from ~$26.50 to less than $19 yesterday. Bounced back a bit today.

To bring this on topic, I invest similarly on the Sim Exchange. I take a handful of long-term positions (and maybe a few one-month hardware positions) and then kick back and see what happens.

 

[apujanata]

My funds dropped about 7% YTD on average; much better than the market but still too much.

Until a few years ago, I used to hold individual stocks, but it was expensive to purchase them that way, as I'm a buy and hold, long-term investor. After taking a bath on a few (thanks Sony!) and making mint on some (thanks Sega/Sammy!) I sold my shares and now invest in 100% mutual funds. It suits my more risk-averse, long-term perspective. I make regular, automated contributions during the year and then do portfolio adjustments once a year in December.

A few years ago I shifted about 1/3 of my portfolio into international funds (Euro-pacific and emerging markets) and those have done very well. The US funds are heavily weighted to income generating funds (with distributions reinvested), which got about 8% on average in dividends in 2007, so there's a cushion there as their share price declines.

After an adjustment this week I now have about 1/3 US income funds, 1/3 bond funds and 1/3 internationally diversified funds. I'll hold that until the end of the year and re-evaluate. I went through the Internet bubble and 9/11 crashes and came out just fine by holding on, I'll do the same here.

I also hold some Intel stock (as I work at Intel) and took a freaking BATH so far this year; from ~$26.50 to less than $19 yesterday. Bounced back a bit today.

To bring this on topic, I invest similarly on the Sim Exchange. I take a handful of long-term positions (and maybe a few one-month hardware positions) and then kick back and see what happens.

Off topic : holding on through internet bubble and 9/11 crashes is a fine strategy, as long as you don't have any stock on dot.com companies. If you have dot.com companies stock, they either goes chapter 11 (and give you 100% loss), or go so deep it may never recover (IIRC, Yahoo is one of those).

On Topic : when I have free time, I also do day trading on sim-Exchange. Especially when a good news happen or a bad new happen, which can usually net me 20% profit or more. Just like yesterday.

 

[rikitikitik]

If he is really a nut, he will not get to #1 (unless he is a genius Nut).

He is where he is right now because he got lucky. Do you know why the future stocks are now locked hours before the NPD figures are released?

I have nothing against him, and I would certainly have done the same thing he did then, but it's just frustrating when he throws his weight around, with no explanations whatsoever. He doesn't have a single comment on the stocks he threw himself heavily on.

Game that never see release will eventually be cashed out, at the last price (IIRC). Jesse2040 can correct me here if I was wrong, or you can read the blog page, since it was discussed in the past (re project HAMMER fiasco).

This happened to three stocks actually. The cashout was the average of all the transactions for that stock. Lately, though, transactions are just rolled-back for future stocks that have their release dates moved. I'm not sure anymore.

 

[Jesse2040]

Don't worry about any stocks you own on cancelled games, you will be refunded

 

[DDayton]

Don't worry about any stocks you own on cancelled games, you will be refunded

But what if you short a stock EXPECTING it to be cancelled?

Sigh...

 

[apujanata]

But what if you short a stock EXPECTING it to be cancelled?

Sigh...

You know what to do in the future

 

[Jesse2040]

January 2008 Community Leagues Rankings (Ranked by % MTD Change)

Rank--------- Name--------- Total Net Worth--------- Total Net Worth--------- %Change MTD---------
------------------------------------End of Month--------- -----Start of Month ---------


1--------- NeoGAF--------- 252,174,444.35--------- 204,354,527.20 --------- 23.40%
2--------- Evil Avatar--------- 119,421,992.38--------- 97,533,655.24--------- 22.44%
3--------- Cheap Ass Gamer--------- 335,477,263.92 --------- 275,873,921.06 --------- 21.61

Very close race in January. We are meeting with a lot of different people at GDC and hope to add some new communities shortly after.

Check out the players in your league.

*special congrats to sagesxdx and sonycowboy for being #1 and #2 for the month of January for all users

 

[apujanata]

Very close race in January. We are meeting with a lot of different people at GDC and hope to add some new communities shortly after.

Check out the players in your league.

*special congrats to sagesxdx and sonycowboy for being #1 and #2 for the month of January for all users

In the future, you may want to use the code tags

January 2008 Community Leagues Rankings (Ranked by % MTD Change)
Rank----  Name---------             Total Net Worth------   Total Net Worth------ %Change MTD------	
--------------------------------------End of Month--------- --Start of Month --------- 

1---------  NeoGAF---------           252,174,444.35------  204,354,527.20------  23.40%
2---------  Evil Avatar---------      119,421,992.38------   97,533,655.24-----   22.44%
3---------  Cheap Ass Gamer--         335,477,263.92-----   275,873,921.06------  21.61

BTW, sagesxdx are part of CAG community, not NeoGAF. You may want to congratulate starship at #5, since he is part of NeoGAF.

 

[apujanata]

I forgot to congratulate sonycowboy and starship for their achievement on Jan 08.

Everytime I go to simEx, I always pay attention to sonycowboy, since he is directly below me in the friend league. It is always interesting to note whether he made more profit than me (or the other way around) yesterday.

Sonycowboy, I don't understand why the Total software for Jan 08 is still that high, even though you have posted your calculation. Any idea why that happen ?

 

[sonycowboy]

I forgot to congratulate sonycowboy and starship for their achievement on Jan 08.

Everytime I go to simEx, I always pay attention to sonycowboy, since he is directly below me in the friend league. It is always interesting to note whether he made more profit than me (or the other way around) yesterday.

Sonycowboy, I don't understand why the Total software for Jan 08 is still that high, even though you have posted your calculation. Any idea why that happen ?

I've taken a week or two off of doing much, so I haven't noticed that much going on. And it surprised me that I had been 50% higher than anyone else and then sage flew past me thank to that 3M bonus he got for content (as well as the bonus' for the posts themselves).

I'll be remarkably surprised if the month even is over 500M especially with the shortage of Wii and 360 which has a tie of at least 2 for each new system sold not being there. It's a great opportunity, but I've already shorted over 1M DKP in that stock and I don't have much more short money to jump in any more.

I do think that COD 4 and Rock Band 360 are too high for the month, but without any new releases until Burnout of any significance does help the catalog 360 titles, but they seem a bit too high.

 

[GhaleonEB]

I haven't been super active, but I took a number of positions the other day. 360 was still ~300k in January, so I shorted the heck out of it.

 

[Jesse2040]

BTW, sagesxdx are part of CAG community, not NeoGAF. You may want to congratulate starship at #5, since he is part of NeoGAF.

oooooops, I thought sagesxdx hanged out here as well?

Sorry folks!

 

[apujanata]

I haven't been super active, but I took a number of positions the other day. 360 was still ~300k in January, so I shorted the heck out of it.

I didn't dare short X360, since I am not too sure that the lack of shipment is across all chain, not just Target or Gamestop. However, I noticed that I have put a lot of money on shorting Wii, which is also not a good idea (same reason as X360). Oh well, I have to live with it. I hope that I don't lose too much money on Wii (like Dec 07).

 

[starship]

I didn't dare short X360, since I am not too sure that the lack of shipment is across all chain, not just Target or Gamestop. However, I noticed that I have put a lot of money on shorting Wii, which is also not a good idea (same reason as X360). Oh well, I have to live with it. I hope that I don't lose too much money on Wii (like Dec 07).

I'm sure you won't lose money on Wii, I mean at what price you shorted it? The current price is 40.82 and I'm pretty sure it's impossible for the Wii to reach this number in Jan.
I don't think any console has ever sold more than 400k in Jan. except Wii in 2007 and it was in a 5 week month.

 

[apujanata]

I'm sure you won't lose money on Wii, I mean at what price you shorted it? The current price is 40.82 and I'm pretty sure it's impossible for the Wii to reach this number in Jan.
I don't think any console has ever sold more than 400k in Jan. except Wii in 2007 and it was in a 5 week month.

I shorted them in the 41 price point (I am late in shorting this, since my money is tied up somewhere else, in the total S/W Jan 08 and several other places).

 

[Minsc]

Jan Wii is back up past the 45 price point (450K sales), I'd short the hell out of it if I weren't already 1M in the red.

If somehow it sells 500-600K I am going to be totally screwed, but that seems impossible.

 

[DDayton]

I seem to have jumped about 100 ranking points between last night and tonight. Hmm... I'm in the top 1000 at the moment!

 

[apujanata]

There is a significant downward movement of Total S/W sales Jan 2008. Not sure whether this is caused by NeoGAF member or not, but the timing is a little bit suspicious (only one day after sonycowboy post his estimate in this topic.

 

[sonycowboy]

SuperSmash Bros Brawl Wii March 2008 is absolutely insane right now. I've shorted the absolute crap out of it at 2M estimated for the month. I'm also shorting both of the Rainbow six skus. The 360 is at 470k for March and PS3 was at 245k.

I'm now getting a good amount of money tied up into LTD and March stocks so I'm thinking my hands might be a bit tied here for awhile, but I can't help it. I guess I'll use January's releases to buy into February a bit more although I'm not seeing too much there to sink my teeth into. I'm pretty sure the SW sales for the month are too high, but you never, ever know with the Wii. It's all based on shipments right now.