The Street

[lmanchur.]

So how is everyone doing on Wall Street Sports (http://www.wallstreetsports.com/) these days? I've been particpating for about 2.5 months now, and I'm quite sure by the end of this week I will have made my first million!...

...before I was just out buying players for whatever reason, but now I'm starting to buy with a little more stradegy... hopefully I'm using the right stradegy! :)

For the record, I'm hovering under 10,000 for most of my time playing on the street... right now I'm at 8,002, but yesterday I was at 6,000!... I'm quite happy with that... what about everyone else???

[Marc]

Total Stock Value: $180,012.50
Total Fund Value: $0.00
Cash on Hand: $872,888.00
Total Portfolio Value: $1,052,900.50
Rank: 132615 out of 618240

Not bad considering I haven't logged in for months! Two of my stocks are soaring, one with a 5000% increase and another with 2000%!

[lmanchur.]

Okay... here's my stats (which now have me at 7,307 overall!... and that's out of 618,240 :) )

Total Stock Value: $1,839,645.38
Total Fund Value: $72,306.11
Cash on Hand: $85.55
Total Portfolio Value: $1,912,037.00
Overall Rank: 7307 out of 618240

...it's safe to say that I am now obssessed with WSS!

...what's the one of yours up 5000%, Marc!?

[Edited by SC-Lee on 01-06-2001 at 10:03 AM]

[Marc]

Originally posted by SC-Lee
!... what's the one of yours up 5000%, Marc!?
A magician never reveals his secrets... :D

[lmanchur.]

Ha ha!... OK... but it looks like I don't need your tricks anyhow 'cuz I'm doing much better than you ;) (just for the record, I've now improved to 6832 overall)

[lmanchur.]

Well, I recently read somewhere in another thread on this board that we had a $1.6 billionaire on these boards... it'd be interesting for him (and everyone else) to join this thread every once in a while to see where he is ranked exactly and his division of mutual funds and stocks.

Here is the update on me: I'm proud of myself for making my first million and that should be doubling fast!!! :)

Total Stock Value: $2,161,503.00
Total Fund Value: $45,422.36
Cash on Hand: $12,707.02
Total Portfolio Value: $2,219,632.50
Rank: 8,182 out of 618,240

[DiamondDave]

Well I am the Billionaire...

Total Stock Value 1,347,943,680.00
Total Fund Value 96,312,056.00
Cash On Hand 205,024,536.00
Total Portfolio Value 1,649,280,256.00

Highlights of portfolio... (many thanks to stock splits)

1,280,000 shares of KENS (Skip Kendall) @ 201.02/share - orig price paid per share, 1.44

640,000 shares of WOOD (Tiger Woods) @ 325.40/share - orig price paid per share, 10.75

180,000 shares of CASL (Sam Cassell) @ 449.86/share - orig price paid per share, 4.44

160,000 shares of HIGG (Bobby Higginson) @ 177.22/share - orig price paid per share, 7.48

160,000 shares of HIDA (Richard Hildago) @ 139.79/share - orig price paid per share, 2.81

many others ranging from 140,000 to 20,000 shares.. such as Kobe Bryant, Tim Thomas, Tracy McGrady, Jamal Mashburn, Anthony Mason, Fred Couples, Theoren Fleury, Steve Mash... etc

[iFroggy]

Thats good... whats your rank?

[DiamondDave]

Rank this month is not too high.. harder to get high on the monthly rank with a high dollar amount.. (it's based on % change, which is easier with a low dollar amount (just buy the hottest couple of stocks for a night))...

This month is around 59000, so far

[iFroggy]

Yeah I understand... hard to yield a high percentage return when your rich? lol :D

[Marc]

Anyone still involved with WSS? I sure have! I just realized several people from my school have a WSS league and now that I'm joined, I'm really hooked!

Here's my updated stats:

Total Stock Value: $269,704.47
Total Fund Value: $16,765.08
Cash on Hand: $844,951.44
Total Portfolio Value: $1,131,421.00

:uhoh:

[Wedge231]

I'm not into this kind of stuff. I like good old fantasy teams where you get a team like in real life. :)

[lmanchur.]

yeah... I still have it... I check it every once in a while but after 2 or 3 months of checking it DAILY... I just got bored with it... my portfolio has doubled since last time I posted it... 4,635,756.00 ...Marc.. I'm WASTING you and I started wwwwaaayyy after you did!!! :) he he he :D

[PeterDewar]

I cant do this kinda stuff, I just don't understand everything. Too complicated for me.

[NickHammy]

If I started this, i'd probably be inerested for about a week at the most....then i'd be bored:sleepy:

[H. Tiemann Jr.]

I'ts time for me to join and see how well or (how bad) I'm going to do. :D

[Marc]

Originally posted by H. Tiemann Jr.
I'ts time for me to join and see how well or (how bad) I'm going to do. :D
Hey, you do that! Sign-up, try it out, and let us know how you like it/how you do! We use this thread as a Q/A thread.

[PeterDewar]

I'd still be confused about all this. Is this stocks only or what??

[iFroggy]

Kinda.

You buy stock in athletes. Example: 100 shares of Derek Jeter, 1000 shares of Tiger Woods, etc.

[Wedge231]

How do stocks go up?

[Marc]

Originally posted by Wedge231
How do stocks go up?
Wedge, go here: http://www.wallstreetsports.com/how_to_play/index.html

Basically, much like the real stock market, player's stocks go up and down according to their performances in their sport and how they are being traded.

[Wedge231]

:o Thanks. Sounds interesting. Is it worth a try?

[Marc]

Originally posted by Wedge231
:o Thanks. Sounds interesting. Is it worth a try?
Most definitely! You can win prizes, too. I check how my WSS stocks are doing at lunch while checking my e-mail.

[H. Tiemann Jr.]

Hey everyone,

How many stocks do you buy? 10, 100, 1000 ?

I bought 20 shares of about 10 different players. I have a ton of money left over. Also, do you only buy players that are playing now? No football etc. ? Do I use a lot of money to get players or do I hold back? I'm new at this, so bare with me. ;)

[iFroggy]

Well, just like the real stock market. If you only own 20 shares and a stock gos up a buck, you get $20. :)

[Wedge231]

That's cool. I'm too lazy so maybe I'll give it a shot whenever I get time. Probably in a few weeks...

[lmanchur.]

Okay... time for you all to update us on how your portfolio is doing. I just cracked the $6,000,000 mark today! :)

Total Stock Value: $4,306,198.50
Total Fund Value: $232,458.97
Cash on Hand: $1,533,938.62
Total Portfolio Value: $6,072,596.00

Standings in SC League (http://wallstreetsports.com/members/leagues/show_leaguemem.cgi?leagueid=80683):
Daily Percentage: 0.08 % (T4)
Weekly Percentage: 0.17% (5)
Monthly Percentage: 9.43% (4)
Quartrly Percentage: 9.43% (4)
Yearly Percentage: 233.27% (1st)
Portfolio Value: $6,072,596.00 (1st)

[Marc]

Lee, what matters is how you're doing NOW, not how you did in February or March. While having a good yearly gain percentage illustrates that you have consistently been a solid WSS player, you fail to mention your CURRENT status, which matters. The only way you can see yourself a top the standings is to click the "extended view" link, but what matters is the regular view. For example, you don't win a race by how you're doing overall in the points standings, you win it by how you did in the CURRENT race. :)

[lmanchur.]

Originally posted by mjames
While having a good yearly gain percentage illustrates that you have consistently been a solid WSS player, you fail to mention your CURRENT status, which matters.WHAT ARE YOU TALKING ABOUT!?... Do you care to READ my post entirely before replying to it?????

Originally posted by SC-Lee
Daily Percentage: 0.08 % (T4)
Weekly Percentage: 0.17% (5)
Monthly Percentage: 9.43% (4)

Additionally.... it's a lot easier to increase your portfolio PERCENTAGE when you have less money.... because if you have figured it out, you can score $6,000 every day by clicking banner ads... so $6,000 in a portoflio of just $2,000,000 is a lot more percentage points than a portfolio of $6,000,000.

[NickHammy]

I started like last week so I think I'm doing ok...

Total Stock Value: $739,690.75
Total Fund Value: $201,762.02
Cash on Hand: $233,794.14
Total Portfolio Value: $1,175,246.88 (6)

League standings...
Rank- 6369 (2)
Month- 16.93% (2)
Week- .31% (4)
Day- .09%:( (4)
Quarter- 16.93% (2)
Year- 16.93% (6)

Not too bad for just starting....

[Ross]

Let's just say I suck at this.

[Marc]

Originally posted by SC-Lee
WHAT ARE YOU TALKING ABOUT!?... Do you care to READ my post entirely before replying to it?????
I need to clarify more - I meant that you had put so much emphasis on your yearly and total value that you didn't put as much emphasis on your current position and ranking. Perhaps I misunderstood your post, but the fact of the matter is that you are in third place (last I checked). You put your bold and underlined text on yearly percentage and portfolio value rather than your current overall WSS rank and monthly gain. I interpreted that you thought these fields were the most important to the game, but now I see that you may have just done that to highlight your good ranking. Forgive me. :)

[Wedge231]

I used to be in like 2nd or 1st now I'm in 3rd. I don't go up alot anymore because I rarely check mine anymore. Oh well.

Total Stock Value: $1,487,568.50
Total Fund Value: $200,287.98
Cash on Hand: $29,118.21
Total Portfolio Value: $1,716,974.62

Standings in SC League:
Daily Percentage: 0.40% (3rd)
Weekly Percentage: 1.13% (2nd)
Monthly Percentage: 11.96% (3rd)
Quartrly Percentage: 11.96% (3rd)
Yearly Percentage: 70.57% (3rd)
Portfolio Value: $1,705,653 (4th)

[Marc]

I'll post mine:

Total Stock Value: $2,024,145.75
Total Fund Value: $0.00
Cash on Hand: $6,286.69
Total Portfolio Value: $2,030,432.38


SC League Ranks:
Rank: 3356 [1st]
Quarterly %: 22.37 [1st]
Yearly %: 92.54 [2nd]
Total Portfolio Value: $2,024,969 [3rd]

[NickHammy]

Originally posted by mjames
what matters is how you're doing NOW

Where are your current stats?
I am now 1st in Weekly % and Daily %:)

[lmanchur.]

:rolleyes:

(Lee shakes his head in disgust; agrees with Nick)

[Marc]

Go to the league standings. Who is in first? I am in first this quarter. How are you going to dispute that? Sheesh! :rolleyes:

[lmanchur.]

...I'm not sure how or by what means, but I had full intentions of SUCKING this month as I geared up for a big October and November -- a final push for to end the calendar year.

However, I ended up being #1 in the SC members league in WSS for the first half of the month; #2 for the second half of Septembers; and have been in the top 10,000 of WSS for the month despite only having my portfolio increase 19.40%.... Is the stock market in a recession or what!?!?!?!!!?????

How is everyone else doing?

[Marc]

Good question.

In June, July, and early August, I was doing spectacular, holding the top place in both leagues I'm in and ranked in the top 3000. Now, I am in the top 20,000 out of 600,000+, and like Lee, and gearing up for the fall and winter seasons. I have my football stocks secured and are starting out in basketball now. I only have one baseball stock left.