724,000.00 Position 6
Stock Name Buy @ p Sell @ p Holdings Invested Current value Prof / loss 1 none 345 20 80000 276,000.00 16,000.00 -260,000.00 2 none 0 0 0 0.00 0.00 0.00 3 none 0 0 0 0.00 0.00 0.00 4 none 0 0 0 0.00 0.00 0.00 5 none 0 0 0 0.00 0.00 0.00 6 none 0 0 0 0.00 0.00 0.00 7 none 0 0 0 0.00 0.00 0.00 8 none 0 0 0 0.00 0.00 0.00 9 none 0 0 0 0.00 0.00 0.00 10 none 0 0 0 0.00 0.00 0.00 Total Invested= 276,000.00 Total prof/loss -260,000.00 Team Players: StockBunny TC, Dotel, littlewoman, amberjane, Banked Funds 1,000,000.00 maggiebunton, priscilla, Hilary Team Worth 740,000.00 - 595,000.00 Position 5
Stock Name Buy @ p Sell @ p Holdings Invested Current value Prof / loss 1 none 45 35 900000 405,000.00 315,000.00 -90,000.00 2 none 0 0 0 0.00 0.00 0.00 3 none 0 0 0 0.00 0.00 0.00 4 none 0 0 0 0.00 0.00 0.00 5 none 0 0 0 0.00 0.00 0.00 6 none 0 0 0 0.00 0.00 0.00 7 none 0 0 0 0.00 0.00 0.00 8 none 0 0 0 0.00 0.00 0.00 9 none 0 0 0 0.00 0.00 0.00 10 none 0 0 0 0.00 0.00 0.00 Total Invested= 405,000.00 Total prof/loss -90,000.00 Team Players: Fundamentalist TC, Jeffmack, Littlewillie, Hightone Banked Funds 1,000,000.00 Dazzling dave, abbie2u Team Worth 910,000.00 - 1,000,000.00 Position 1
Stock Name Buy @ p Sell @ p Holdings Invested Current value Prof / loss 1 none 0 0 0 0.00 0.00 0.00 2 none 0 0 0 0.00 0.00 0.00 3 none 0 0 0 0.00 0.00 0.00 4 none 0 0 0 0.00 0.00 0.00 5 none 0 0 0 0.00 0.00 0.00 6 none 0 0 0 0.00 0.00 0.00 7 none 0 0 0 0.00 0.00 0.00 8 none 0 0 0 0.00 0.00 0.00 9 none 0 0 0 0.00 0.00 0.00 10 none 0 0 0 0.00 0.00 0.00 Total Invested= 0.00 Total prof/loss 0.00 Team Players: Sir Socrates TC, Optomistic, Snoball, Storm caller Banked Funds 1,000,000.00 BigAl, mighty micro Team Worth 1,000,000.00 - 1,000,000.00 Position 2
Stock Name Buy @ p Sell @ p Holdings Invested Current value Prof / loss 1 none 0 0 0 0.00 0.00 0.00 2 none 0 0 0 0.00 0.00 0.00 3 none 0 0 0 0.00 0.00 0.00 4 none 0 0 0 0.00 0.00 0.00 5 none 0 0 0 0.00 0.00 0.00 6 none 0 0 0 0.00 0.00 0.00 7 none 0 0 0 0.00 0.00 0.00 8 none 0 0 0 0.00 0.00 0.00 9 none 0 0 0 0.00 0.00 0.00 10 none 0 0 0 0.00 0.00 0.00 Total Invested= 0.00 Total prof/loss 0.00 Team Players: Golddog TC, 8 ball, This-is-me, pappy, Banked Funds 1,000,000.00 Jgp212 Team Worth 1,000,000.00 - 1,000,000.00 Position 3
Stock Name Buy @ p Sell @ p Holdings Invested Current value Prof / loss 1 none 0 0 0 0.00 0.00 0.00 2 none 0 0 0 0.00 0.00 0.00 3 none 0 0 0 0.00 0.00 0.00 4 none 0 0 0 0.00 0.00 0.00 5 none 0 0 0 0.00 0.00 0.00 6 none 0 0 0 0.00 0.00 0.00 7 none 0 0 0 0.00 0.00 0.00 8 none 0 0 0 0.00 0.00 0.00 9 none 0 0 0 0.00 0.00 0.00 10 none 0 0 0 0.00 0.00 0.00 Total Invested= 0.00 Total prof/loss 0.00 Team Players: The one and only Banked Funds 1,000,000.00 - The Suave Mr Gausie Team Worth 1,000,000.00 - 1,000,000.00 Position 4
Stock Name Buy @ p Sell @ p Holdings Invested Current value Prof / loss 1 none 0 0 0 0.00 0.00 0.00 2 none 0 0 0 0.00 0.00 0.00 3 none 0 0 0 0.00 0.00 0.00 4 none 0 0 0 0.00 0.00 0.00 5 none 0 0 0 0.00 0.00 0.00 6 none 0 0 0 0.00 0.00 0.00 7 none 0 0 0 0.00 0.00 0.00 8 none 0 0 0 0.00 0.00 0.00 9 none 0 0 0 0.00 0.00 0.00 10 none 0 0 0 0.00 0.00 0.00 Total Invested= 0.00 Total prof/loss 0.00 Team Players: moregas, mick p, hijeff, dickster, moonblue, Banked Funds 1,000,000.00 hedge66, kevinmcm, ps499 Team Worth 1,000,000.00 -

hello hilary could i close my cw. short and use the funds to short emg please

Hilary please close all positions BBY NXT POC

Short all the following
Rolls Royce RR. 20000
3I III 3200
Cadbury CBRY 5000

Please adjust III quantity to use maximum cash
Thanks for all your hard work
David

Hello Hilary,

Plase sell ISYS and take the profit - Thank you

I'd like to cover 30,000 of my ARM short please, hilary, and use the proceeds to long CHB.

Fellow players,

I'd like to make one request please. I'm happy to allow partial closing of positions (vis-a-vis little woman the other week), but if any of you do wish to partially close a position, could you please state exactly how many shares you wish to close rather than say, for example, "Close enough to raise 10,000".

Hello Hilary,

I've edited my trade - in post 423. Thank you.

Hi Hilary.....

As I understand it...no account is taken for dividends..I can see how this would be additional work for you. Only the change in the share price itself is taken into account. I would not buy/hold a stock in the ex div week as you are only penalising yourself unneccssarily

So shorting stocks immediately before a dividend..eg RR this week
which is due to pay a 5p divi on 87p ie 5.7%...is hardly demonstrating ones trading prowess IMO rather short circuitng the system.

A more fairer way would be to disallow trading in stocks going ex div in the week they go ex divi. However if the rules have changed to allow the effect of dividend payments to be taken into account. I humbly take it all back.

Hope you had a good Easter

Foale, yes perhaps say a 90% dividend charge would be a good way around the problem?
Its not often the full dividend is taken from the share price as in LGEN which actually rose on the day despite a 5% divi.
But do agree with you it is difficult. Even holding from a month before would still have the same problem so blocking trading in that shares on the week is no answer.
It would be better to make an adjustment but far harder for Hillary to account for. Unless one of us calculated it for her ?

Hilary: I couldn't access AM this morning to change my trades but sent you a private e-mail to try and make the deadline one way or another.

For anyone who is interested, I requested closing all open positions and replacing with shorts on LOG, RR and RGU.

Hope this counts!

I've summarised below the trade changes and will update the table in the morning. If anybody feels that I've made a mistake, please post accordingly.

I'll also answer foale's question about dividends then.

foale

Sell OOM and buy FP

Slacker

Short 20k PRU

ps499

close cw. and short emg

Croc

Close all and Short
Rolls Royce RR. 20000
Cadbury CBRY 5000
3I III balance

Jeroo

Close ISYS

hilary

cover 30,000 ARM short and use the proceeds to long CHB

vasey (I can confirm that she did mail me this morning because she couldn't get into am)

close all open positions and replacing with equal shorts on LOG, RR and RGU

GD's Trading Game		Updated 22nd April 2003 10:35
Current Leader is	Jeroo
Players Name	Position	Current Worth
Vasey	20	43,189.01
Socrates	23	41,666.72
andycarr	18	43,774.14
Mr Ashley James	21	43,023.5
Hightone	6	53,415.71
Foale	3	57,053.51
rpaco	16	46,083.7
Croc	13	49,607.46
Ursidae	10	49,838.69
Hilary	17	43,839.94
Jeffmack	4	53,941.75
LittleWoman	14	46,732
This_is_me	8	50,046.19
Jeff212	24	36,363.64
Spare	9	50,000
Juzzle	19	43,460.13
8 Ball	22	41,835.35
Gdub	2	58,129.11
Da Bear	7	52,403.38
ps499	12	49,623.32
Slacker	5	53,417.01
GD The Poochy Mutt	15	46,110.74
Littlewillie	11	49,740.87
Jeroo	1	66,354.9

Regarding dividends, this is something which was discussed earlier up the thread. The conclusion which was reached then was that it is acceptable for the purposes of the game to either long or short stocks during the week in which they go ex.

If the player in question asks me, I will either credit or debit (as appropriate) their p&l account with the amount of the dividend which would've been paid. Please note that this request must come from the player themself during the course of the week in question before the noon Sunday deadline and not from any other party at any other time. It will not be applied automatically.

Hils
Did you send file to work address? Dont have it yet.

Class goal from Zola

I did indeed. Try taking me off your blocked senders list!

:-)

I've tried again.

edit: Brilliant goal!! What about the one from Hans Christian Andersson (aka Gronkjaer)??

Hil
Just found out we have some problems with internet E.Mail. Not received yet but should come eventually.

dont see much of humbug anymore, shame. lol.

Hello Hilary,

With regard to dividends: Surely the dividend must have to be added otherwise players short of the stock would gain an instant advantage?

jeroo
If you can buy and sell any time it would be an advantage. But the fact that you trade weekend to weekend does take away much of that advantage.

Please don't let's make this any harder for Hilary than is necessary. To me it's far more important that the game continues and doesn't tie one person up im agonizing hours of calculating dividend payments. Jeffmack is right. RR, as I type, is up 2.29% - almost 2p on Thursday's close - so any dividend advantage tomorrow is already mostly taken into consideration, surely.

Hello Jeroo,

Yes, you're correct in what you say. But Jeff and vasey also make very valid points, which is why GoldDog took his stance on dividends earlier on in the game and which I intend to follow through.

Hil
Files on its way, may take a while.