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Author: Subject: The Net Worth Dive?
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[*] posted on 10-9-08 at 08:46 AM   «:|:»  Link to post Reply With Quote
The Net Worth Dive?



What happened last night to cause the huge drop in net worth for eveyone? I see that that Gojan Toresque took the largest hit but that doesn't explain the cause... Jensen a little explanation would be nice if you dont mind.

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[*] posted on 10-9-08 at 10:00 AM   «:|:»  Link to post Reply With Quote


gojan must have sold all the shares he owned for $1. Causing anyone to own shares of gojan to drop down significantly. At least that's my assumption

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[*] posted on 10-9-08 at 10:06 AM   «:|:»  Link to post Reply With Quote


That would make sense Gavin. I hadn't even taken a look at the history of sales, probably should have. I dont even own that much of Gojan and I took a big dive, bummer.

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[*] posted on 10-9-08 at 11:19 AM   «:|:»  Link to post Reply With Quote


Um, yeah, it IS my fault, i didn't realize it would do that... I sold everything i had, which was mostly jent, ibun, miles, kojiro and fawx. Guess the values of those all dropped...they'll restabilize as more of them are sold, sorry about that.

I decided i was done for this round, figured, why the heck not....didn't think about the drop in value. But if it's based on the last sales of that soul, then after they sell more, everything should return to normal, right?
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[*] posted on 10-9-08 at 11:47 AM   «:|:»  Link to post Reply With Quote


well I'm just stoked because I got all of em. hah! I'm the only one that dropped and popped right back up to the same spot I was at before.

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[*] posted on 10-9-08 at 12:07 PM   «:|:»  Link to post Reply With Quote


i was wondering who got them....you're gonna jump all the way up to first once those sell, unless jent and the others ahead of you go up pretty fast from where they are.
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[*] posted on 10-9-08 at 12:22 PM   «:|:»  Link to post Reply With Quote


2008-10-08 Kojiro 14 $1
2008-10-08 Ibun 24 $1
2008-10-08 danga 6 $1
2008-10-08 jent 26 $1
2008-10-08 MilesTraysandor 16 $1
2008-10-08 FawX 29 $1

Those are the sales that made it all drop....anyone owning any of those souls would take a hit.

The networth is based on what each soul is selling at, so when a user takes a large dive like that it drops the average because the system thinks that if you were to resell them you can't resell them for as much.

After another 50 shares of each soul has been traded at a new price the networth graph wont reflect these sales at all, so this is temporary. And yes, I think gMoney is going to shoot way up from this...will be interesting


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[*] posted on 10-12-08 at 09:04 PM   «:|:»  Link to post Reply With Quote


well gmoney is way up there now....but with some smart trading he is still catchable

cheers,
jent d-_-b
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[*] posted on 10-12-08 at 09:08 PM   «:|:»  Link to post Reply With Quote


If people were buying souls then I think that would be easy. But unfortunately, nobody is buying jack shit. or selling it for that matter...

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[*] posted on 10-12-08 at 09:13 PM   «:|:»  Link to post Reply With Quote


Quote:
Originally posted by GMoney
If people were buying souls then I think that would be easy. But unfortunately, nobody is buying jack shit. or selling it for that matter...

I am having no issues moving shares. Just gotta keep those prices in the 5000 to 5200 range....people are trying to gouge too much I think


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[*] posted on 10-14-08 at 10:59 PM   «:|:»  Link to post Reply With Quote


Personally I've been selling ok, trying to keep my price between 0.5% and 15%. On occasion I'll go higher, but not often.
:shcool:


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[*] posted on 10-19-08 at 12:51 PM   «:|:»  Link to post Reply With Quote


I doubt I'll ever catch up now!
(Still fun trying...
**snickers**
...Isn't it?)

:shcool::aecheers::finger::aecheers::shcool:


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icon5.gif posted on 10-20-08 at 08:49 PM   «:|:»  Link to post Reply With Quote


Ok, prob a dumb question, but here goes:
How can the same stock sold at the same price, have two different percentages?
$6000 each (25.%)
$6000 each (95.%)


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[*] posted on 10-20-08 at 09:28 PM   «:|:»  Link to post Reply With Quote


That percentage is based on what that particular seller paid on average for the soul, so its relative only to the seller. It more or less tells you how much profit the seller will be making.

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[*] posted on 10-20-08 at 10:26 PM   «:|:»  Link to post Reply With Quote


Knowing is half the battle...
**starts to do the 'G.I.Joe' theme, but changes his mind**
...Thanks!
:shcool:


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[*] posted on 10-21-08 at 06:08 PM   «:|:»  Link to post Reply With Quote


Quote:
Originally posted by LTTank
I doubt I'll ever catch up now!
(Still fun trying...
**snickers**
...Isn't it?)



I wish to retract this weak statement.
(Save for the fun part...
...LOL!)
:dshades:
After reanalyzing the situation, I could have a chance.
Upon looking at the graph closely, I truly didn't suffer as much as others.
:alien:


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[*] posted on 10-22-08 at 07:28 AM   «:|:»  Link to post Reply With Quote


I think there is still a lot of game to be played, and a lot of things can happen

cheers,
jent d-_-b
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[*] posted on 10-22-08 at 05:41 PM   «:|:»  Link to post Reply With Quote


I don't see anybody catching the top 3, I'm sure the top three will vary, but we are way far ahead...

You can't mess with this steez.
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