Why we can buy back to $100,000.

Last post 10-19-2008 11:04 AM by GOLDIEC. 15 replies.

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09-02-2008 10:33 AM

Maxxy
Joined on 08-13-2007
Posts 49

Why we can buy back to $100,000.

If we would want to go to $100,000., could we just start from stactch instead of buy it back.

I don't think we should be having to pay on going back to $100,000., and when the end of each month everyone should

have to start at $100,000. or I will never have a chance to win. Someone with 3 or 4 hundred thousand has a much better chance to keep getting more prizes.

So if something doesn't change I will feel I will not have any chance of winning. What can we do??

thank you

09-02-2008 10:58 AM In reply to

Seti03
Joined on 08-15-2007
Posts 2,725

Re: Why we can buy back to $100,000.

The Contest is now based on percentage gain...making the dollar amount you start out with irrelevant.

09-03-2008 4:07 PM In reply to

J828
Joined on 04-24-2007
Posts 1,502

Re: Why we can buy back to $100,000.

Yup... it doesn't make a whole lot of sense to me either. We should all have just been reset, but oh well. I'll make another account instead of paying money to reset.

09-03-2008 4:17 PM In reply to

InnaD
Joined on 08-27-2007
Posts 619

Re: Why we can buy back to $100,000.

I'm surprised that they are looking at % now because before they figured that people will drop the portfolio values on purpose and that way will get higher % increase.

09-05-2008 11:49 AM In reply to

J828
Joined on 04-24-2007
Posts 1,502

Re: Why we can buy back to $100,000.

They knew about that problem 2-3 games ago. That's why the enforced the fact that you couldn't win prizes unless you were above $100k

09-07-2008 5:09 PM In reply to

tonig
Joined on 01-23-2008
Posts 766

Re: Why we can buy back to $100,000.

It will be the persons who have won more percentage wise. So I think everyone will have a fair chance. It is just less prizes and more people to where some like me probably will never get a prize. Its kind of like the market ok. lol good luck and happy trades.

09-08-2008 2:27 PM In reply to

karand
Joined on 07-10-2007
Posts 5,095

Re: Why we can buy back to $100,000.

you never know toni....you might just get lucky....don't count yourself out yet...good luck !!!

~karen

09-08-2008 6:11 PM In reply to

OBNS
Joined on 08-12-2007
Posts 10

Re: Why we can buy back to $100,000.

i dont understand how ppl can benifit from dropping their profolio value to gain .... ??? can someone explain .... and secondly even if they are looking at a percentage return ... those will low protfolio value are at loss ... coz say i have $50,000 in my account .... and someone else has $200,000 .... they can buy more stocks and i cant ... so they can hedge their losses i can not ... so its unfair ....

09-08-2008 10:13 PM In reply to

ssskrzypek
Joined on 09-05-2007
Posts 974

Re: Why we can buy back to $100,000.

The game is now based on weekly and monthly your percentage change from where you started. So it doesn't matter if you like at 30000. If you increase by 30000 then you've moved up 50 percent and thats what they are looking at now.

10-17-2008 11:20 AM In reply to

Maxxy
Joined on 08-13-2007
Posts 49

Re: Why we can buy back to $100,000.

I never thought of that, but I still like the idea that they let us reset, maybe I have a itsbitsity chance to win something.

10-17-2008 11:22 AM In reply to

Maxxy
Joined on 08-13-2007
Posts 49

Re: Why we can buy back to $100,000.

Thank YOu to all who replied, but Thanks for the Chance with the reset!!!!!!!

10-17-2008 8:56 PM In reply to

Melany
Joined on 07-05-2007
Posts 1,233

Re: Why we can buy back to $100,000.

If you start at 30,000 and gain 30,000, your percentage gain is not 50% ... it is 100%.

10-18-2008 1:26 PM In reply to

leed0g
Joined on 06-13-2008
Posts 546

Re: Why we can buy back to $100,000.

http://www.wallstreetsurvivor.com/CS/forums/t/19652.aspx

10-18-2008 4:39 PM In reply to

jag_150
Joined on 02-21-2008
Posts 422

Re: Why we can buy back to $100,000.

I agree

10-18-2008 11:32 PM In reply to

complacentpanda
Joined on 10-14-2008
Posts 14

Re: Why we can buy back to $100,000.

Seems like it would be better to see who can make the most money, rather than who can increase his percentage the most week in and week out. In real life, I'd rather have someone make me 100,000 on a million than 20% on 5k.

Whatever. It's fun anyway.

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