# Stock Market Game - The Teeming Millionaires **URL:** \ **Category:** Miscellaneous and Personal Stuff I Must Share\ **Created:** [October 6, 2000, 5:56am UTC](https://boards.straightdope.com/t/stock-market-game-the-teeming-millionaires/35932 "2000-10-06T05:56:28Z")\ **Posts on this page:** 20\ **Page:** 11
**Author:** ![Ringo](https://avatars.discourse-cdn.com/v4/letter/r/779978/32.png) [@Ringo](https://boards.straightdope.com/u/Ringo)\ **Post date:** [December 21, 2000, 5:10am UTC](https://boards.straightdope.com/t/stock-market-game-the-teeming-millionaires/35932/201 "2000-12-21T05:10:16Z")
Eleven days is a _l-o-n-g_ time. ---
**Author:** ![sdimbert](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/sdimbert/32/20204_2.png) [@sdimbert](https://boards.straightdope.com/u/sdimbert)\ **Post date:** [December 27, 2000, 3:37am UTC](https://boards.straightdope.com/t/stock-market-game-the-teeming-millionaires/35932/202 "2000-12-27T03:37:09Z")
Well, with 5 days to go, it’s still **phantom** , **beatle** and **oldscratch** wrangling for the medals; everyone else has lost money. Few of them have lost as much as me! [Here](http://www.virtualstockexchange.com/private/rank.htm?p=All&c=rank) are the latest rankings. ---
**Author:** ![Saltire](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/saltire/32/553_2.png) [@Saltire](https://boards.straightdope.com/u/Saltire)\ **Post date:** [January 2, 2001, 1:06am UTC](https://boards.straightdope.com/t/stock-market-game-the-teeming-millionaires/35932/203 "2001-01-02T01:06:56Z")
Looks like I’ve finished dead in the middle of the pack. Thanks for the game, **sdimbert.** ---
**Author:** ![pantom](https://avatars.discourse-cdn.com/v4/letter/p/34f0e0/32.png) [@pantom](https://boards.straightdope.com/u/pantom)\ **Post date:** [January 2, 2001, 2:58am UTC](https://boards.straightdope.com/t/stock-market-game-the-teeming-millionaires/35932/204 "2001-01-02T02:58:04Z")
Dittums, sdimbert. It was a lot of fun. I was biting my nails on the last day, as beatle had pulled ahead. Turned out I won by a little. Whee! ---
**Author:** ![Ringo](https://avatars.discourse-cdn.com/v4/letter/r/779978/32.png) [@Ringo](https://boards.straightdope.com/u/Ringo)\ **Post date:** [January 2, 2001, 6:36am UTC](https://boards.straightdope.com/t/stock-market-game-the-teeming-millionaires/35932/205 "2001-01-02T06:36:12Z")
Yeah, **pantom** , I think I briefly pulled out ahead on Thursday (2nd to last day of trading), but was back in second slot by Friday’s close. All hail **pantom**! Still, it’s a bit mind boggling to realize that, tied to the real market as this game was, I could have really made $28K in less than three months (I signed up about a week or so late) based on my picks. I think (I’m not looking at the rankings right now) that **pantom** would have realized a ~$33K gain and **oldscratch** , our free-form socialist, would have bagged about $6K. Annualized that’s a 24% ROI, not bad. Those are the three of us who came up with positive numbers. **CnoteChris** experienced a software fuck, but still staged an impressive late game rally. It was all for naught, in the end. And I imagine **Scylla** might be going into hiding. ---
**Author:** ![Doug\_Bowe](https://avatars.discourse-cdn.com/v4/letter/d/df788c/32.png) [@Doug\_Bowe](https://boards.straightdope.com/u/Doug_Bowe)\ **Post date:** [January 2, 2001, 6:59am UTC](https://boards.straightdope.com/t/stock-market-game-the-teeming-millionaires/35932/206 "2001-01-02T06:59:57Z")
IRL I really have taken a position in QQQ. Now I wish it was with play money. Oh, well. It ain’t a loss til ya sell it. ---
**Author:** ![sdimbert](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/sdimbert/32/20204_2.png) [@sdimbert](https://boards.straightdope.com/u/sdimbert)\ **Post date:** [January 2, 2001, 4:15pm UTC](https://boards.straightdope.com/t/stock-market-game-the-teeming-millionaires/35932/207 "2001-01-02T16:15:13Z")
Anyone interested in another round? ---
**Author:** ![CnoteChris](https://avatars.discourse-cdn.com/v4/letter/c/278dde/32.png) [@CnoteChris](https://boards.straightdope.com/u/CnoteChris)\ **Post date:** [January 2, 2001, 4:28pm UTC](https://boards.straightdope.com/t/stock-market-game-the-teeming-millionaires/35932/208 "2001-01-02T16:28:20Z")
I laughed, I cried, I… learned. I hate it when that happens without me knowing it. Anyrate, I had a good time. I learned, or had the notion re-inforced, that information is the key. The more of it you know, and the faster you can get it, the more you can make off of it. Pretty simple idea, but hard to have work in your favor. Another round? You bet! Two suggestions- 1. Is there a better/different site less prone to delay and software glitches? 2. For God’s sake, if you do start another simulation, could you **please** start a new thread about it? ---
**Author:** ![sdimbert](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/sdimbert/32/20204_2.png) [@sdimbert](https://boards.straightdope.com/u/sdimbert)\ **Post date:** [January 2, 2001, 5:38pm UTC](https://boards.straightdope.com/t/stock-market-game-the-teeming-millionaires/35932/209 "2001-01-02T17:38:38Z")
> [@](#): > > \*Originally posted by CnoteChris \* > \*\*Another round? You bet! > > Two suggestions- > > 1. Is there a better/different site less prone to delay and software glitches? > > 2. For God’s sake, if you do start another simulation, could you **please** start a new thread about it?\*\* Your new thread suggestion made me laugh out loud. Can do! 😃 As far as another site, gimme a little time. If anyone has any suggestions, please let me know. ---
**Author:** ![pantom](https://avatars.discourse-cdn.com/v4/letter/p/34f0e0/32.png) [@pantom](https://boards.straightdope.com/u/pantom)\ **Post date:** [January 2, 2001, 5:39pm UTC](https://boards.straightdope.com/t/stock-market-game-the-teeming-millionaires/35932/210 "2001-01-02T17:39:13Z")
You got me so addicted (beginner’s luck, I’m sure, but that’ll getcha every time) that I’m already in another contest on that site - and getting my poor butt whipped. But I’m willing to do another Teeming Millionaires contest… as defending, and undefeated champion. (Damn, but that sounds good!) ---
**Author:** ![pantom](https://avatars.discourse-cdn.com/v4/letter/p/34f0e0/32.png) [@pantom](https://boards.straightdope.com/u/pantom)\ **Post date:** [January 2, 2001, 5:41pm UTC](https://boards.straightdope.com/t/stock-market-game-the-teeming-millionaires/35932/211 "2001-01-02T17:41:27Z")
By the way, beatle, what’d you invest in? (unless you want to use this in the next contest and don’t want to say.) I mean, only 3 transactions and in second - I’m jealous bigtime. ---
**Author:** ![CnoteChris](https://avatars.discourse-cdn.com/v4/letter/c/278dde/32.png) [@CnoteChris](https://boards.straightdope.com/u/CnoteChris)\ **Post date:** [January 2, 2001, 6:01pm UTC](https://boards.straightdope.com/t/stock-market-game-the-teeming-millionaires/35932/212 "2001-01-02T18:01:41Z")
Yeah **beatle** what’s the deal with keeping your investments secret! Don’t you trust us? I mean, look what happened when I took another dopers investment and tried it for myself. NUAN dropped like a rock! ---
**Author:** ![lno](https://avatars.discourse-cdn.com/v4/letter/l/a8b319/32.png) [@lno](https://boards.straightdope.com/u/lno)\ **Post date:** [January 2, 2001, 6:58pm UTC](https://boards.straightdope.com/t/stock-market-game-the-teeming-millionaires/35932/213 "2001-01-02T18:58:09Z")
I’m up for a round- I didn’t even notice this thread a month ago. ---
**Author:** ![sdimbert](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/sdimbert/32/20204_2.png) [@sdimbert](https://boards.straightdope.com/u/sdimbert)\ **Post date:** [January 2, 2001, 9:59pm UTC](https://boards.straightdope.com/t/stock-market-game-the-teeming-millionaires/35932/214 "2001-01-02T21:59:34Z")
I did some checking and can’t find any sites with games that look more solid, banner-free and easy to use as the one we were using. \*\*Chris]/b], since you’re the one who had a problem, would you be willing to give it another shot? Can anyone else suggest a site I’ve missed? I know that e\*trade has a game, but you can’t create a group game yet. I’ll keep an eye on them. SD ---
**Author:** ![CnoteChris](https://avatars.discourse-cdn.com/v4/letter/c/278dde/32.png) [@CnoteChris](https://boards.straightdope.com/u/CnoteChris)\ **Post date:** [January 2, 2001, 11:48pm UTC](https://boards.straightdope.com/t/stock-market-game-the-teeming-millionaires/35932/215 "2001-01-02T23:48:40Z")
The same simulation is fine with me. With over 472 trades to my name I guess I was bound to run into some kind of glitch sooner or later. I was hoping there might be a better site but can’t seem to find one that is as easy or allows seperate groups. With that said, by all means use the same site. ---
**Author:** ![Silo](https://avatars.discourse-cdn.com/v4/letter/s/ac91a4/32.png) [@Silo](https://boards.straightdope.com/u/Silo)\ **Post date:** [January 3, 2001, 12:11am UTC](https://boards.straightdope.com/t/stock-market-game-the-teeming-millionaires/35932/216 "2001-01-03T00:11:48Z")
> [@](#): > > \*Originally posted by pantom \* > \*\*Dittums, sdimbert. It was a lot of fun. > > I was biting my nails on the last day, as beatle had pulled ahead. Turned out I won by a little. Whee! \*\* You gotta ad this to your sig pantom: **Achieved #1st place in the Teeming Millionaire’s Stock Market Challenge!** WTG for the top 3! ---
**Author:** ![Scylla](https://avatars.discourse-cdn.com/v4/letter/s/a5b964/32.png) [@Scylla](https://boards.straightdope.com/u/Scylla)\ **Post date:** [January 3, 2001, 1:26am UTC](https://boards.straightdope.com/t/stock-market-game-the-teeming-millionaires/35932/217 "2001-01-03T01:26:55Z")
Will I be allowed to participate in the next game, or am I banned for my abysmal performance? ---
**Author:** ![Ringo](https://avatars.discourse-cdn.com/v4/letter/r/779978/32.png) [@Ringo](https://boards.straightdope.com/u/Ringo)\ **Post date:** [January 3, 2001, 1:32am UTC](https://boards.straightdope.com/t/stock-market-game-the-teeming-millionaires/35932/218 "2001-01-03T01:32:37Z")
Sorry, folks; I didn’t realize I had my portfolio set to private. And it would’ve been 2 transactions if that site had executed my initial buy orders correctly. No secrets; I split my investment roughly equally between **Seitel** (SEI on NYSE) and **Unit Corporation** (UNT on NYSE). Seitel is a seismic data supplier with an oil & gas subsidiary (DDD) and Unit is primarily a drilling contractor (Unit Drilling Company) with an oil & gas subsidiary (Unit Petroleum Company). As **CnoteChris** observed, access to information is the key. So, I picked two companies with whom I am quite familiar. Seitel is a company that has been around for a bit and has a colorful crew at the helm. Manny peoples have lost big $$ with them, but you can make money with the them if you know when they’re running up the stock price. Unit is a more reserved outfit with a steadier approach than Seitel (and they’ve been around at least twice as long). They were trading @ ~$19+ today and I’ve recently seen them valued @ $40. Takeover target? Not likely - they’re more likely to be the ones acquiring a smaller contractor or oil & gas company. Oh well, there’s my secrets. **sdimbert** , I’m up for another round. As before, I’ll probably stick with outfits I know something about. And **Scylla** , pal, I was just kidding; I hope I didn’t piss you off. ---
**Author:** ![pantom](https://avatars.discourse-cdn.com/v4/letter/p/34f0e0/32.png) [@pantom](https://boards.straightdope.com/u/pantom)\ **Post date:** [January 3, 2001, 4:03am UTC](https://boards.straightdope.com/t/stock-market-game-the-teeming-millionaires/35932/219 "2001-01-03T04:03:58Z")
Read my mind, Silo. See below. I mean, I’m humble, but not to the point of excess. ---
**Author:** ![Bear\_Nenno](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/bear_nenno/32/3358_2.png) [@Bear\_Nenno](https://boards.straightdope.com/u/Bear_Nenno)\ **Post date:** [January 3, 2001, 6:56am UTC](https://boards.straightdope.com/t/stock-market-game-the-teeming-millionaires/35932/220 "2001-01-03T06:56:15Z")
So, what’s up? Are you guys going to do this again? I did not see this the first time. In fact, I started getting registered and everything, thinking that it was going to end dec 31 2001, then I noticed the date on the OP. But by then, I had already registered. So I will play if you all do this again. [Previous page](https://boards.straightdope.com/t/stock-market-game-the-teeming-millionaires/35932.md?page=10) [Next page](https://boards.straightdope.com/t/stock-market-game-the-teeming-millionaires/35932.md?page=12)