Stocks help?


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khailinoki

5:07pm Feb 28 2011

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Posts: 373
I'm not sure I understand the stocks. Could someone help me please?
Reeses

5:24pm Feb 28 2011

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Posts: 6,216
You can buy up to 50k shares of stocks in a day.  Stocks change their value of Tu per share at 12 AM and PM Res time, and it will show you if it went up or down since last time.  At the bottom you can view previous transactions to see the price of the shares at the time you bought it.
 
The purpose of the stocks is to buy shares at a low price and sell them when they're high.  Some good stocks known to go high are ANT, BAK, BEV, FAS, FRE, HEA, THE, and TOY, though some take longer than others to reach that point.  Nothing influences the price per share; it's random.




Wat.
ಠ_ಠ
Wishbelle

6:01pm Feb 28 2011

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Posts: 2,158
resses hit the nail on the wall. Stocks are really not my thing though.



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khailinoki

5:13pm Mar 1 2011

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Posts: 373
How do you know when they're going up or down?
prianamagix

5:21pm Mar 1 2011

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Posts: 2,082
It shows. For example, go to stocks. On TOY (the last stock) it says -0.23. Meaning the value went down by 0.23 tu. It may seem little to you, but if you invest in a lot of stocks it is actually quite a bit.



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khailinoki

5:24pm Mar 1 2011

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Posts: 373
Ohhh thanks!
Yoshi

11:58pm Mar 1 2011 (last edited on 12:03am Mar 2 2011)

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Posts: 3,642

... Ahm. No. That's a percentage, not a specific tu amount.

For instance, if a stock goes up by 50%, the stock's previous value has half of itself added on to it for the new value. If it goes down by 50%, the new value is simply half of the previous value.

Although of course, these are all just estimations. For some reason the percentage shown is never quite accurate - which is probably why they sometimes appear to have gone down by 103%, despite that that should be impossible.

My best piece of advice concerning the percentages is to pay attention to all of them, rather than just one at a time. They're almost useless individually, but when you look at all the percentages, you can often see patterns. If most of the stocks dropped at the last reset, then it's usually safe to bet they'll rise at the next. The opposite is true as well.

It makes a good way to tell when to buy and when to sell.




prianamagix

4:03pm Mar 2 2011

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Posts: 2,082
Argh. >.< Sorry. My mistake.



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