Stock Market anyone?

Discussion in 'Neopets Chit-Chat' started by Jaggerrr, Mar 11, 2007.

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  1. Jaggerrr

    Jaggerrr Level IV

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    Does anyone here play the stock market on neopets?. I threw in 20k into "SHRX" last night before i went to bed and then today its +7.. I might keep my money in there if a few people invest in it
     
  2. Angelika

    Angelika Moderator

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    You can't influence the stockmarket by getting more people to invest in it. It's random...
     
  3. Jaggerrr

    Jaggerrr Level IV

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    Ahhh.. well dont i seem like a dick now then.. i swear once apon a time the more people that invested in a company the more the price went up.. oh well take note of my stock tip instead SHRX UP 7
     
  4. Angelika

    Angelika Moderator

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    They changed the rules because there were a couple guilds that had all their members invest in the same stock and drive the price up, and then they'd all sell. And SHRX wouldn't be that great to invest in now because it's too high. Stocks in the 15-17np per share are the best to buy. Unless you're day trading, of course...but SHRX isn't nearly high/stable enough to do that.
     
  5. Jaggerrr

    Jaggerrr Level IV

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    Oh well i bought it at 20 and now its closed at 28.. i might just keep it until the end of the night before i logout and see what happens
     
  6. Angelika

    Angelika Moderator

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    Good luck with that. :) I have about 7 or 8 lots of SHRX, so I'd love for it to keep going up to my sell point.
     
  7. deathcraze

    deathcraze Level III

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    havent checked my stocks in a while.. have about 1.4 mil invested inside there.

    probably have around 8 lots of SHRX, but what im really hoping is for EEEEE to reach 60. i have 20 lots of that :p
     
  8. chelsea1

    chelsea1 Level IV

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    on my legit account i have 130,000 shares
    i haven't been on there for about 2 months because i ve been using abers since then
     
  9. deathcraze

    deathcraze Level III

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    yeah.. same here. i miss being on my main :(
    but unplugging the modem and waiting 5 mins for it to reconnect is such a hassle, and dangerous too.

    wonder where my stocks are at now... might miss a sale because of abing, but at least abing is more profitable than stocks :p
     
  10. chelsea1

    chelsea1 Level IV

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    in the long run i was argue the opposite as abing gets you nps frozen where as stocks don't
    however stocks take a long time
     
  11. username_0011

    username_0011 Level I

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    me! its my source of income.. i have no abers yet so i have to depend on the stock
     
  12. ali913xx

    ali913xx Level III

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    I get another 1000 stocks from KBAT today, I hope they don't keep crashing. :x
     
  13. lolcool22

    lolcool22 Level III

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    I usually buy 1000 shares of a stock, wait for it to go up 3k+ NPs, sell it, and buy a new one. It's a really slow way of making NP, but it's not like you have to do anything.
     
  14. Tricia

    Tricia Level IV

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    I started building my portfolio on my latest account this week. It's worth just over 140,000NP at the moment.

    I have 2000 stocks in SHRX that I bought at 16NP a share and they're now at 32NP a share. I'm going to sell 1000 so that I have got my original investment back and then wait and see what the other 1000 do. Even if I lose it all, I haven't technically lost any NP that way ;)
     
  15. rapidah

    rapidah Level III

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    buy 1000 shares everyday at 15np, 16np if none at 15 and try to buy dif companies, set a goal for urself like if its money that u wont be needing soon, wait til it hits like 60 before selling, if u r poor then wait til 30 or something
     
  16. lolcool22

    lolcool22 Level III

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    Do they actually go up that high, ever? I've bought tons of stocks at 15np, but none of them have ever gone above 20. It seems that getting to 60, like you say, would take months. There are only three stocks over 60 right now :eek:
     
  17. rapidah

    rapidah Level III

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    well waiting for them to reach 60k is a long term investment so they should reach that high but it will take a long time
     
  18. lolcool22

    lolcool22 Level III

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    Ah. I consider myself more of a "day-trader" per se. I usually only keep stocks for a 2-4 days before selling them. It makes me about a 2k profit, which is good enough for me.
     
  19. Angelika

    Angelika Moderator

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    But really, if you have a spare 200k, you should let it sit and wait for higher sell points. Usually day trading consists of buying shares of stocks that fluxuate a great deal, like POWR for example, then there's a much greater return than 2k. And you have to account for that 20nps Nigel charges, it's not a lot, but it adds up if you're selling everyday for a 2k profit.
     
  20. lolcool22

    lolcool22 Level III

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    True. At this point in my NP comeback, I don't have an extra 200k, which is why making 2-4k is good for me for right now. Once I get more NPs though, I'll be sure to invest and wait a little longer in order to make better profit.
     
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