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Forums - Sales Discussion - VGStockz: General Questions

Well today i decided to try something different. So i sold most of my stocks and invested in mostly options. Cost me about 250 in commissions lol. Will see how it goes. Here's how it stands as of now.

Account Value (USD): $10,240.37
Buying Power: $6,171.87
Cash: $4,751.37
Annual Return: +195.56 %

Btw i blame patcher for nintendo dropping today. His loud and continual proclamations of doom must be getting to investors.



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aori said:
Well today i decided to try something different. So i sold most of my stocks and invested in mostly options. Cost me about 250 in commissions lol. Will see how it goes. Here's how it stands as of now.

Account Value (USD): $10,240.37
Buying Power: $6,171.87
Cash: $4,751.37
Annual Return: +195.56 %

Btw i blame patcher for nintendo dropping today. His loud and continual proclamations of doom must be getting to investors.

hehe. By the way, keep in mind we're investing in the companies listed in the Main Players post. Let me know if you want me to add any if I'm missing some!

I added your results and updated the ladder.



Yeah , the game's commissions are a little high.

Commission - Market: $19.99
Commission - Limit: $29.99
Commission - Option: $19.99
Commission Per Contract: $1.75

While i think etrade is like 8 or 10 per trade and 75c per contract. But it only affected me for today since I was changing stuff around alot. Maybe someone could give happydolphin proper values for the next game.

Yeah all my options are in the main players.
Although most of them don't seem to have options.
Btw we can all check each other's stocks and trade history to make sure that everyone's following the rules:P. It was actually by watching kuliern leapfrog like $1000 over 2 days from options that I decided to try them out.



aori said:
Yeah , the game's commissions are a little high.

Commission - Market: $19.99
Commission - Limit: $29.99
Commission - Option: $19.99
Commission Per Contract: $1.75

While i think etrade is like 8 or 10 per trade and 75c per contract. But it only affected me for today since I was changing stuff around alot. Maybe someone could give happydolphin proper values for the next game.

Yeah all my options are in the main players.
Although most of them don't seem to have options.
Btw we can all check each other's stocks and trade history to make sure that everyone's following the rules:P. It was actually by watching kuliern leapfrog like $1000 over 2 days from options that I decided to try them out.

Hah! I had no idea checking each others portfolios was possible. :D About comission, I can change that option if you guys want that, let me know what value to use, is 10$ good?



Man Netflix is going up and down like crazy. Mainly sticking around the same price kind of but it has days -2 , -3 or worse then goes to +2 and +4. Seems like they can't make up their mind on the stock.



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sethnintendo said:
Man Netflix is going up and down like crazy. Mainly sticking around the same price kind of but it has days -2 , -3 or worse then goes to +2 and +4. Seems like they can't make up their mind on the stock.

Goes to show how reactive some stocks are, and also how one direction tends to balance to the other. Sometimes, when you see a stock go down, it could be a good sign, because it could mean that soon enough it'll go up again.



sethnintendo said:
Man Netflix is going up and down like crazy. Mainly sticking around the same price kind of but it has days -2 , -3 or worse then goes to +2 and +4. Seems like they can't make up their mind on the stock.


This maybe why. http://www.benzinga.com/news/12/02/2376229/can-3d-streaming-save-netflix



“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.

Gosh Apple can't stop....
My Apple stocks are now 36% up since my purchases in October and I've been steadily beating the S&P 500 since the beginning of 2012 only because of Apple. And that's in a real portfolio that contains bonds and cash too...

TBH I wish it could slow down as I am in for the long run ( no way I pay 30% tax on my Apple profits) and at the current rythm the stock is going to derail at some point..

My only position down is EA and it's my smallest position...
I got on the Microsoft train a few days ago too, after reading a bunch of stuff about the stock and the company...



PS3-Xbox360 gap : 1.5 millions and going up in PS3 favor !

PS3-Wii gap : 20 millions and going down !

aori said:
 Btw we can all check each other's stocks and trade history to make sure that everyone's following the rules:P. It was actually by watching kuliern leapfrog like $1000 over 2 days from options that I decided to try them out.

How did you watch other players? How to access their portfolios, I tried but couldn't do it.



Dam, Nintendo is fricking tanking last 2 days now.



Money can't buy happiness. Just video games, which make me happy.