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dld3151
FoxDen Hall of Famer

Registered: Nov 2005
Posts: 2842

Fun stuff. I just woke up to a 16-percent gain, and that seems awfully low compared to others. Kobe up about 4%, LT up 29.6, LeBron up 24.8 and Romo up 7.2.

This is my first full day, so I'm just gonna see where these guys wind up in a day or two.

I probably need to do a better job of picking -- and I'm guessing the real profits will be made by actively trading during the day, and not buying and holding. But, I'm a novice at this. Plenty of time to learn!

Also, from the looks of it, I think this site will pass the test of my workplace's computer police because I don't think it will be ID'd as a "gambling" site.




2013 college football contest co-champion

Old Post 10-24-08 09:30 PM
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jkaul
FoxDen Hall of Famer

Registered: Jan 2005
Posts: 3658

azmat

Thanks for the heads up....just got in and got some Ovechkin, up over a dollar since I bought him 30 minutes ago, and got some Manny too.

Awesome site, if this thing catches on, it would be really cool

Old Post 10-24-08 10:01 PM
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SugarHill
StatFox Hall of Famer

Registered: Nov 2007
Posts: 7062

The more that join the better it will be, once it flattens out bye bye bull.

Old Post 10-24-08 10:05 PM
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Tmoneybags
FoxDen Hall of Famer

Registered: Sep 2007
Posts: 2882

All I know is right now these top guys are making bank. Rusty up +58162.18% for the month are you kidding me.




Live and let live

ANGELS 1 Ring '02
BULLS 6 Rings '91 '92 '93 '96 '97 '98
49ERS 5 Rings '81 '84 '88 '89 '94
UCLA
CBB '64 '65 '67 '68 '69 '70 '71 '72
'73 '75 '95


All-Time Posted Plays
NFL 33-24-3
CFB 83-70-2
CBB 273-268-14
NBA 172-130-2
NHL 52-65 mostly dogs
MLB 120-104-4 mostly dogs
Updated 2-15-10

Old Post 10-24-08 10:05 PM
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jkaul
FoxDen Hall of Famer

Registered: Jan 2005
Posts: 3658

I have a feeling that this "bull" market will continue for a while as more and more people are just finding out about it. It has only been going for less than a month so a minimal investment might be worth it to get in towards the front end of something that could turn out huge.

Hell, if I blow $100 on this thing, it will just be like betting on sports....lol

Old Post 10-24-08 10:13 PM
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SugarHill
StatFox Hall of Famer

Registered: Nov 2007
Posts: 7062

Agreed jkaul, I'm tradin as well wtf, worth a shot.

Old Post 10-24-08 10:19 PM
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Tmoneybags
FoxDen Hall of Famer

Registered: Sep 2007
Posts: 2882

Hell, if I blow $100 on this thing, it will just be like betting on sports....lol

That's the way I look at it. I have one question for you guys do the stocks only split in the mornings because some players are way above $20. Sorry I'm new to this whole market thing.

Old Post 10-24-08 10:19 PM
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azmat9
FoxDen Hall of Famer

Registered: Jun 2005
Posts: 1664

thats correct -- they only split around midnight for the next day

Old Post 10-24-08 10:20 PM
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Tmoneybags
FoxDen Hall of Famer

Registered: Sep 2007
Posts: 2882

azmat9

Thanks buddy!




Live and let live

ANGELS 1 Ring '02
BULLS 6 Rings '91 '92 '93 '96 '97 '98
49ERS 5 Rings '81 '84 '88 '89 '94
UCLA
CBB '64 '65 '67 '68 '69 '70 '71 '72
'73 '75 '95


All-Time Posted Plays
NFL 33-24-3
CFB 83-70-2
CBB 273-268-14
NBA 172-130-2
NHL 52-65 mostly dogs
MLB 120-104-4 mostly dogs
Updated 2-15-10

Old Post 10-24-08 10:22 PM
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apk2k6


Registered: Jun 2008
Posts: 610

There's an article coming out on 11/3 about the site too, that should bring in more people.

I wish I had a Yao IPO! It split 16 to 1 last night, and is going to split 2 to 1 again tonight.

I'll just stick with my players right now and ride them out while they keep splitting.

Old Post 10-24-08 10:36 PM
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mikeb104
StatFox Hall of Famer

Registered: Sep 2006
Posts: 7733

I signed up, how long before they fund the $10 ???

I don't want to throw my own cash at it till I see if I like it or not.




"Not everything you read on the internet is accurate"- Abraham Lincoln

Old Post 10-24-08 10:41 PM
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Tmoneybags
FoxDen Hall of Famer

Registered: Sep 2007
Posts: 2882

apk2k6

How long are you holding on to them? I've got Chris Paul, King James and Westbrook right now. Westbrook is pretty cheap right now.




Live and let live

ANGELS 1 Ring '02
BULLS 6 Rings '91 '92 '93 '96 '97 '98
49ERS 5 Rings '81 '84 '88 '89 '94
UCLA
CBB '64 '65 '67 '68 '69 '70 '71 '72
'73 '75 '95


All-Time Posted Plays
NFL 33-24-3
CFB 83-70-2
CBB 273-268-14
NBA 172-130-2
NHL 52-65 mostly dogs
MLB 120-104-4 mostly dogs
Updated 2-15-10

Old Post 10-24-08 10:45 PM
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jkaul
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Registered: Jan 2005
Posts: 3658

Ovechkin blowing up...over $25, bought at $20 an hour ago.

Mike - I think they put the $10 in your acct immediately (2 minute delay), but I don't know if you can buy anything right now for less than about $15.

Old Post 10-24-08 10:48 PM
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dld3151
FoxDen Hall of Famer

Registered: Nov 2005
Posts: 2842

Mike, yes, the $10 is available immediately. It's good to be a bit cautious and treat it as fun. But, I'm liking this a LOT. I've done nothing but hold LT, LeBron, Kobe and Romo for about 8 hours and I'm up around 30 percent.

I see there's a $2,500 maximum investment per person in a 12-month period. I'll do this slowly, but I'm probably going to go the 12-month max over the next 5 days or so.

These guys pay via paper check? Ha-ha. Folks there are gonna be busy.




2013 college football contest co-champion

Old Post 10-24-08 11:56 PM
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HGC83
FoxDen Hall of Famer

Registered: Sep 2005
Posts: 2544

I started with $250 total

yesterday and as of right now I am at $625 or so. I bought Cutler yesterday for $20 and he split. I also bought Brian Westbrook for around $14 and it split. I bought L.T. yesterday for $11.91 and his should split tonight. I have 5 player shares and it looks like at least 4 out of 5 will split tonight.




Herbie

Old Post 10-25-08 12:45 AM
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dld3151
FoxDen Hall of Famer

Registered: Nov 2005
Posts: 2842

Just a thought ...

Starting with $1,000 on deposit, if you can average 10 percent growth per day, your account would have $17,449.40 after 30 days. Go to www.moneychimp.com, click on calculator, and enter the numbers. The way things have gone in the site's brief existence, you would have been hard-pressed not to do much better than that simply by picking out one player per day. No way to tell how long this will last, but I don't see anything stopping it -- at least in the short term. Obviously, the leading traders on that site are making a killing.




2013 college football contest co-champion

Old Post 10-25-08 01:27 AM
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Randizzle14
FoxDen Hall of Famer

Registered: Oct 2006
Posts: 1205

question

Ok, So i I bought 10 shares of Lebron at 13.50 a share at 9:00am this morning....So it looks like it will end at 21-22 dollars/share. Does that mean tommorrow I will have 20 shares at 10.50 or 11/ share.

Thanks, Dizz

Old Post 10-25-08 04:01 AM
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thedoc
FoxDen Hall of Famer

Registered: Sep 2006
Posts: 11024

Dizzle

Correct.

Old Post 10-25-08 04:08 AM
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Randizzle14
FoxDen Hall of Famer

Registered: Oct 2006
Posts: 1205

thats crazy

no way money can be made this easy for too long. I mean really?? I'm not much of the investor (yet) but this seems too good to be true.

Old Post 10-25-08 05:04 AM
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dld3151
FoxDen Hall of Famer

Registered: Nov 2005
Posts: 2842

With one hour left ...

I'm looking at about a 50-percent gain on the 4 players I bought around this time (10 p.m. CST) Thursday night. I've done nothing but sit and watch LT, Kobe, LeBron and Romo rise in value. And, barring a huge sell-off in the next hour, all 4 will split.
The ante goes up tomorrow. Serious $$$ to be made.

Showed this to 2 long-time friends today -- both sports, wagering and investing savvy. Both of 'em laughed and said there's no way this stuff will work. Of course, neither of the clowns took the time to look at the web site. Oh well ...

Dizzle, I'm not so sure. Maybe Bytore is right. Maybe the bubble will burst. But all I need is 2 weeks of these kinds of gains, and I've got one helluva bankroll.

Old Post 10-25-08 05:06 AM
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