SwAg Posted June 6, 2020 Share Posted June 6, 2020 Just now, Matts4313 said: I would put solid money that it was Swaggy poo. Bankrupt 1 Quote Link to comment Share on other sites More sharing options...
Matts4313 Posted June 6, 2020 Share Posted June 6, 2020 7 minutes ago, SwAg said: Bankrupt Well then. The hunt is on. Quote Link to comment Share on other sites More sharing options...
MWil23 Posted June 6, 2020 Share Posted June 6, 2020 I'll admit it. I voted for Touch, as much as it killed me to do so. I haven't been able to get into contact with him for over a week now. Quote Link to comment Share on other sites More sharing options...
Shady Slim Posted June 6, 2020 Author Share Posted June 6, 2020 (edited) time for the next challenge, and this is an immunity challenge Arbitrage NOTE: i am on exams until the 16th now so this challenge will take a while and it will be mainly SELF REGULATED. i'm trusting you guys to do it but as an upshot i just have to ask you all really read the rules thoroughly here so as to self regulate the aim of this challenge is to invest in a stock portfolio on the australian stock exchange! here is a list of all of our stocks https://www.asx.com.au/asx/research/listedCompanies.do and here is a list of the ASX200, which is the largest 200 stocks on the market https://www.asx200list.com to invest you have $100,000. you invest in money value not stock value, so say you are investing in ANZ stock (ANZ.AX), you say you are investing $5,000 (for example) in ANZ.AX, rather than saying you buy x units of ANZ.AX stock. you have to invest a minimum of $5,000 in to at least ten stocks as part of your initial investment. however, you do not need to spend all your money and can keep cash on hand if you so desire. normal trading on the ASX occurs from 10am to 4pm on weekdays here, so that is 8PM-2AM from sunday to thursday there from memory. every day after the first trading day, you will have a chance to sell up to four stocks and buy up to four stocks. you do not need to sell your entire holdings of a stock, and you do not need to buy a minimum amount of any stocks, on all the days after your first. all submissions for the next day must be up AT LEAST AN HOUR BEFORE trading opens on the market, that is to say, submissions for a day have to be up by 7PM EST that day (or for me 9AM) this is how your initial submission should look; stock holding AAA.AX $5,000 BBB.AX $5,000 CCC.AX $5,000 DDD.AX $5,000 EEE.AX $5,000 FFF.AX $5,000 GGG.AX $5,000 HHH.AX $5,000 III.AX $5,000 JJJ.AX $5,000 KKJ.AX $10,000 LLL.AX $10,000 MMM.AX $10,000 NNN.AX $10,000 OOO.AX $10,000 TOTAL: $100,000 CASH: $0 then after the trading shuts, before the next day. you have to post your portfolio's performance for the day; stock open change current AAA.AX $5,000 1.00% $5,050 BBB.AX $5,000 1.00% $5,050 CCC.AX $5,000 1.00% $5,050 DDD.AX $5,000 1.00% $5,050 EEE.AX $5,000 1.00% $5,050 FFF.AX $5,000 1.00% $5,050 GGG.AX $5,000 1.00% $5,050 HHH.AX $5,000 1.00% $5,050 III.AX $5,000 -2.00% $4,900 JJJ.AX $5,000 1.00% $5,050 KKJ.AX $10,000 1.00% $10,100 LLL.AX $10,000 1.00% $10,100 MMM.AX $10,000 1.00% $10,100 NNN.AX $10,000 1.00% $10,100 OOO.AX $10,000 1.00% $10,100 TOTAL $100,000 $100,850 CASH: $0 $0 then if you want to sell or buy before the next day you must also post (remember you can do a max of four buys and four sells) we sell our holdings of KKJ.AX, as well as $1,000 of what we have in LLL.AX. we will then buy $10,000 of QQQ.AX, and so our portfolio is; stock holding AAA.AX $5,050 BBB.AX $5,050 CCC.AX $5,050 DDD.AX $5,050 EEE.AX $5,050 FFF.AX $5,050 HHH.AX $5,050 GGG.AX $5,050 III.AX $4,900 JJJ.AX $5,050 LLL.AX $9,100 MMM.AX $10,100 NNN.AX $10,100 OOO.AX $10,100 QQQ.AX $10,000 TOTAL $99,750 CASH $1,100 TOTAL $100,850 this is the site we are using to monitor stock movements au.finance.yahoo.com, and here is the interface; the number in the brackets is the movement of your stock at the close of the market. that is the number you use for your stock movement for the day. in the other circle, note that the stock is ANZ.AX. it has to be a stock listed on the asx, which is the meaning of .AX note under the name of the stock it also says "ASX" DATES: SUBMISSION IN THE THREAD OF YOUR STARTING PORTFOLIO IS TO BE DONE BY 8PM EST TUESDAY THE 9TH, CORRESPONDING TO THE TRADING DAY BEGINNING WEDNESDAY THE 10TH IN AUSTRALIA THAT DAY THEN RUNS FROM 8PM EST TUESDAY TO 2AM EST WEDNESDAY. BETWEEN WEDNESDAY AT 2AM EST AND 6PM EST WEDNESDAY, YOU HAVE TO PUBLISH PERFORMANCE FOR YOUR PORTFOLIO FOR THE DAY AND ANY BUYS OR SELLS THAT YOU DO. THAT IS THE TRADING DAY HERE THURSDAY THE 11TH. REPEAT PROCESS FOR THURSDAY 2AM EST TO 6PM THURSDAY EST FOR TRADING DAY FRIDAY THE 12TH, WHICH SHUTS AT FRIDAY EST 2AM. ASX SHUTS ON WEEKENDS SO YOU HAVE UNTIL 6PM SUNDAY THE 14TH TO SUBMIT YOUR PORTFOLIO BUYS AND SELLS FOR TRADING DAY ON MONDAY 15. PROCESS REPEATS UNTIL THE MARKET CLOSES AT 4PM AUSTRALIAN FRIDAY THE 19TH, OR FOR YOU 2AM EST FRIDAY THE 19TH. THIS MEANS YOUR SUBMISSION YOU GIVE 6PM THURSDAY THE 18TH WILL BE YOUR FINAL SUBMISSION. i apologise that this challenge runs for a long time however i can't be here because of exams for the next two weeks so this way you guys can do something every day for the competition. SELF REGULATION; the reason i am getting you to post in the thread every day is so the other tribe can check the yahoo finance website to "audit" your stocks if they suspect you're doing something dodgy with your numbers. this is why i'm also making the submissions two hours before the market opens on every day. this is a very confusing challenge so if you have any questions feel free to ask obviously!! tagging you all in tribe 2twins1tribe @swoosh @The Orca @Pickle Rick @Whicker @Malfatron @MookieMonstah @daboyle250 @Outpost31 @gopherwrestler @TLO @FinneasGage @mission27 tribe death to swooshy @Matts4313 @TedLavie @Wyld Stallyns @theuntouchable @JoshstraDaymus @Ragnarok @bcb1213 @MWil23 @ET80 @SwAg Edited June 6, 2020 by Shady Slim Quote Link to comment Share on other sites More sharing options...
Matts4313 Posted June 6, 2020 Share Posted June 6, 2020 So you want everyone to buy and track portfolios on the AU stock market? As a group or individual? You are saying we post it - in thread or in discord? 1 Quote Link to comment Share on other sites More sharing options...
Shady Slim Posted June 6, 2020 Author Share Posted June 6, 2020 1 minute ago, Matts4313 said: So you want everyone to buy and track portfolios on the AU stock market? As a group or individual? You are saying we post it - in thread or in discord? correct, and as a tribe posted in the thread yeah Quote Link to comment Share on other sites More sharing options...
Matts4313 Posted June 6, 2020 Share Posted June 6, 2020 (edited) We are putting all our money into the black market, primarily drugs and weaponry, what about you @swoosh? Edited June 6, 2020 by Matts4313 1 Quote Link to comment Share on other sites More sharing options...
swoosh Posted June 6, 2020 Share Posted June 6, 2020 1 minute ago, Matts4313 said: We are putting all our money into the black market, primarily drugs and weaponry, what about you @swoosh? 1 Quote Link to comment Share on other sites More sharing options...
Pickle Rick Posted June 6, 2020 Share Posted June 6, 2020 3 hours ago, Shady Slim said: SUBMISSION IN THE THREAD OF YOUR STARTING PORTFOLIO IS TO BE DONE BY 8PM EST TUESDAY THE 8TH, CORRESPONDING TO THE TRADING DAY BEGINNING WEDNESDAY THE 10TH IN AUSTRALIA Did you mean Monday here and Tuesday down under for the starting portfolio? I'm lost on these dates lol 1 Quote Link to comment Share on other sites More sharing options...
Shady Slim Posted June 6, 2020 Author Share Posted June 6, 2020 7 minutes ago, Pickle Rick said: Did you mean Monday here and Tuesday down under for the starting portfolio? I'm lost on these dates lol dates updated and thread title updated. starting portfolio must be in tuesday 8pm est which is corresponding to the start of trading here at 10am australian wednesday the 10th 1 Quote Link to comment Share on other sites More sharing options...
Matts4313 Posted June 6, 2020 Share Posted June 6, 2020 8 minutes ago, Pickle Rick said: Did you mean Monday here and Tuesday down under for the starting portfolio? I'm lost on these dates lol co-signed. TUES is the 9th in 'Murica Quote Link to comment Share on other sites More sharing options...
Ragnarok Posted June 6, 2020 Share Posted June 6, 2020 Can I sue Swoosh for insider trading and have his entire team banned from this challenge? 1 Quote Link to comment Share on other sites More sharing options...
Pickle Rick Posted June 6, 2020 Share Posted June 6, 2020 1 minute ago, Ragnarok said: Can I sue Swoosh for insider trading and have his entire team banned from this challenge? Only if Greg is named as the defendant 1 Quote Link to comment Share on other sites More sharing options...
Ragnarok Posted June 6, 2020 Share Posted June 6, 2020 3 minutes ago, Pickle Rick said: Only if Greg is named as the defendant I'm glad lawsuits can have multiple defendants. Thank you for approving this on behalf of your team. 1 Quote Link to comment Share on other sites More sharing options...
swoosh Posted June 6, 2020 Share Posted June 6, 2020 15 hours ago, Ragnarok said: Can I sue Swoosh for insider trading and have his entire team banned from this challenge? Quote Link to comment Share on other sites More sharing options...
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