admin: monday post, january 24 - january 30, 2011

[seperis]

Note: This is late and I apologize; for some reason, work was randomly blocking sites or not connecting to them.

This is the Monday post for the week of January 24 through January 30, 2011.

Reminders

1.) January is still no-transaction fee month.

There is no fee for buying or selling. Go nuts!

2.) February will be a no-transaction fee except for selling month. Selling fees are the same as real-time fees.

3.) March will see the introduction of the ETF and mutual fund.

Transaction Format

We'll probably just keep posting this in every Monday post for easy reference.

Buying - Real Time

Format of Declaration to Buy:
Subject Line: "Buy: {Ticker}"
Name: Your Name
Company: Company Name
Ticker: Ticker
Time: In Your Time Zone or in GMT (say which one you're using)
Price: In Your Country's Currency
Shares: 5
Country: Your Country

Buying - Automatic

Format of Declaration to Buy, Automatic:
Subject Line: "Automatic Buy: {Ticker}"
Name: Your Name
Company: Company Name
Ticker: Ticker
Time: In Your Time Zone or in GMT (say which one you're using)
Amount: Amount you wish to invest in this stock
Country: Your Country

Selling

Format of Declaration to Sell:
Subject Line: "Sell: {Ticker}"
Name: Your Name
Company: Company Name
Ticker: Ticker
Time: In Your Time Zone or in GMT (say which one you're using)
Price: In Your Country's Currency
Shares: How many shares.
Country: Your Country

Markets

Also will now be listed on every Monday post:

Eligible Exchanges:

1.) NYSE, any version.
2.) Euronext, any version
3.) ASX - Australian Stock Exchange
4.) LSE - London Stock Exchange
5.) TSE - Tokyo Stock Exchange
6.) Hong Kong Stock Exchange
7.) Shanghai Stock Exchange
8.) Toronto Stock Exchange
9.) Deutsche Börse
10.) NASDAQ
11.) Any stock listed in your local market.
These are the exchanges anyone can buy from. As well as these, you can buy from any that are your local markets.

Transaction Alpha Test

Once again, here is the link to the transaction form. If people could please use it? and for this week, it'd be great if you'd mention in your comment whether you've used it as well.

Transaction Form

This page is where you can see what you posted.

Once again, any questions or concerns, please contact your mods.

Comments

[spn_girl]

1. my spreadsheet hasn't been updated with this transaction yet - I'm not sure if I'm supposed to do it myself as I did my first couple and got a note saying I was doing all your work for you, lol! Do I wait for you to do it or go ahead and fill it in?
2. I just now filled in the transaction form in case that was a better way to get it done than commenting here - I thought I remembered being gmt-8, but I just checked and I am gmt+10 oops! Sorry, think I got the rest of the form right though.
3. I know earlier in game play you put up how much we had to spend in our currency, but I can't find where it was :( I think AU it was $151.??? but couldn't remember exactly, so if my buy needs to be altered slightly to fit the amount of money I have left to spend then please do so :)
4. Do you prefer the form or the comment in here for transactions or are we supposed to do both each time?

thanks :)

[jamethiel]

Sorry! It's Australia day and I've been out. I'll get to it tomorrow.

It doesn't really matter about the time.

You chose monthly conversions in the poll. That means you take your conversion rates from this poll. (The monthly conversion figures. $150 US= $167.16 AUD for January)

I'm... supposed to check the form every day? But I don't get email notifications of that and I do of comments here, so just a comment saying "Bought shares, in the form" would be great.

[spn_girl]

okay, thanks :)

buy and change previous

[spn_girl]

Hey :) You have given me 317 ATP.AX shares, but that doesn't use up the rest of my money - I just saw one I'd like to buy though so am putting a transaction form through now and I'm going to alter the atp amount in my spreadshet to use up the rest :)

[spn_girl]

okay, altered my BLD from 8 to 10 and my ATP form 317 to 396.6 to use up the rest of my months allowance - I have already filled it in on my sheet :)

[jamethiel]

Ah, sorry. I hadn't taken the reversed transactions out of the bottom of the form and that was what was throwing me.

[spn_girl]

I figured ;)
hey with the ATP.AX I can see it has very low volume, no-one has bought any at all since noon on the 25th and it looks like thats a fairly normal state for them, not to have much buying or selling going on. Does that mean maybe its not the best thing for me to have bought as with low volume then there's not going to be much demand to push the price up? Am I understanding that right??

[jamethiel]

Honestly, I originally bought ATP.AX but they've turned out to be a bit of a lemon. I think they will go up, and I like the cut of their jib as a company, but I think it's something you have sitting in the back of a cupboard as a longterm investment, whereas here we're necessarily limited by the term of the game.

As an investment? Consider GrainCorp, because they've taken a hit at the moment due to floods but I think they're going to rise (GNC.AX). ComputerShare (CPU.AX) are another stock to consider but I believe they're falling at the moment and haven't hit rock bottom yet, so I'll be waiting for them to do that.

I'm keeping an eye on Riversdale Mining (RIV.AX), but won't be investing unless they fall substantially. I wish I'd invested five months ago :S

Beyond that, I've "invested" in the reject shop. They revised their profit projections which caused the stock to take a BIG tumble, but it'd been climbing pretty steadily and I believe it can recover, given time.

TL;DR, right? I'd be happy to verse ATP.AX for you if you want.

[spn_girl]

meh, its only pretend money, might as well hang onto it for now and see what happens!

I'll check out those others you have suggested for my Feb allowance for sure :)