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Forums - Sales Discussion - VGStockz: General Questions

Thanks Seth! I looked for Redbox in google finance, and discovered it's a private company, BUT! It's owned by Coinstar which it is public, so I'll go ahead and add that too by tomorrow.

Join the pilot project if you're interested! You'll find instructions in the VGstockz Simulator post. The game really begins when market opens Tuesday morning ;) I barely made much profit yet (18 cents) so you're still good to join.



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Yea, Coinstar hit it big with Redbox (especially teaming up with McDonalds and other retailers to get their machines in top spots). Them and Netflix were too much of a one-two combo for Blockbuster. Blockbuster was too slow to react and now they have everything that both offer. However, they were late in the game and not sure if they can make their way back to the top.



happydolphin said:
Let's look into investopedia or a game like that and see if we can have a competition, set some rules and post the results here.

You should message people about this- it could be really fun and successful if lots of people take part :)



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radishhead said:
happydolphin said:
Let's look into investopedia or a game like that and see if we can have a competition, set some rules and post the results here.

You should message people about this- it could be really fun and successful if lots of people take part :)

I'll ask prof if I can put it in his golden saucer. Also, I added you on my 3DS! If you want RH, can you just add this link to your sig?

 Market Simulator League

Just a request, but no need to I'll also try to promote it.



happydolphin said:
radishhead said:
happydolphin said:
Let's look into investopedia or a game like that and see if we can have a competition, set some rules and post the results here.

You should message people about this- it could be really fun and successful if lots of people take part :)

I'll ask prof if I can put it in his golden saucer. Also, I added you on my 3DS! If you want RH, can you just add this link to your sig?

 Market Simulator League

Just a request, but no need to I'll also try to promote it.

Added to sig, added you to 3DS... anything else, sir? xP



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Whoa, thanks man! That's already alot :) Much appreciated.



VGStockz Daily (Feb 20th 2012)

Term of the day

Law of Large Numbers (source: NASDAQ.com Glossary)

The mean of a random sample approaches the mean (expected value) of the population as sample size increases.

 

Brief Study of term Law of Large Numbers

In the field of statistics, I believe the objective is to find the values that best represent reality. Since a population under study has a number of characteristics, some of which the mean would be the most interesting value, the closer the sample size is to the size of the actual population, the closer the mean of that sample will reflect the mean of the population. Hence, the closer you are to your objective in this case (if mean is the measure you are most interested in).

Since the population is made up of different segment, each considered in the calculation as important as part of the makeup of the population under study, the smaller the sample, the greater the chances of falling on a sub-segment of the total population, eskewing the results. Odds are, the greater the sample size, the less likely this is to occur.

 

Daily News + Daily Stock Watch

A reminder that the markets will be closed all day tomorrow, as it is a statutory holiday (Washington's Birthday, coincidentally also Family Day in certain provinces of Canada and other commonwealth countries).

Keep in mind, markets open Tuedays, February 21st. That will be the kick-off date for the Market Simulator League as well. You still have time to register. Note that it's a pilot project for now, so feedback is the main purpose of this first round (which lasts a month).



What a great thread, I really enjoyed the stock graphs and I'm actually surprised at how low the Nintendo stock is. I was under the impression they were doing better than that.



Thanks yo_john! :D

The American Markets are not open today, and I revealed the text for today's daily digest.

Since Nintendo stock is so low, wouldn't you think they'll only go up, especially in anticipation of the next typical gen cycle spike? Why not try to bet on it in the fantasy league?

Happy stat holiday!



I'm wondering whether Sony stock will jump due to Vita release or not- it's all down to how successful it is, and it's really hard to tell at the moment



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