siniri Posted May 18, 2013 Share Posted May 18, 2013 The Neopian stock market doesn't work like a real stock market; prices don't go up because everyone's buying (or down because everyone's selling), nor are they linked to what's happening to the "companies" (there are no quarterly earnings reports). It's mostly random. The Neodaq is a great place to learn about the stocks, and they have graphs of the historical performances of all stocks. This is really high for BB. No one knows how prices will change; they change every 30 min., randomly, and can swing over 70 points in a day (though that's usually only for higher-priced stocks; prices under 100 typically only swing up to 20-30 points in a day). BB might become the next stock to soar into the stratosphere (500-1000+) and stay there a while, or it might crash back down to 15 in the next week. Buying now would be a gamble. You can mitigate the potential loss by having a sell point (and checking every 30 min.). You can sell when it reaches a certain amount, or when it loses x% of its peak if you want to time the market. Most stock buyers are long-term investors, who use stocks to earn more money than they could in the bank. For investing, the goal is to buy as low as possible (usually 15, unless you have a boon) every single day, and sell when it reaches a certain profit level (some sell at 30, others at 45, others at 60 -- I created a chart based on historic high points with unique sell points for each stock -- I posted it a few pages back). There's a slight chance a stock can go bankrupt, but this hasn't happened in nearly a decade. Quote Link to comment Share on other sites More sharing options...
Finn the Human Posted May 19, 2013 Author Share Posted May 19, 2013 I think BB might hit 500+ so I'm holding all my shares. :) Quote Link to comment Share on other sites More sharing options...
siniri Posted May 20, 2013 Share Posted May 20, 2013 KAUF is at 59. (My sell point is 74.) SMUG is at 50 (SP = 78) TNAH is steady at 49 (SP = 80) I only have 2k of SMUG, but I've got 20k of KAUF and 16k of TNAH. If all 3 hit their sell points, that's nearly 3M NP! Quote Link to comment Share on other sites More sharing options...
dustinismine Posted May 20, 2013 Share Posted May 20, 2013 ..I got stocks from SMUG for 10 each, and now they've gone up a lot ( currently at 49 ). I'm not sure if I should wait or sell right now xD Quote Link to comment Share on other sites More sharing options...
jcpet Posted May 20, 2013 Share Posted May 20, 2013 ..I got stocks from SMUG for 10 each, and now they've gone up a lot ( currently at 49 ). I'm not sure if I should wait or sell right now xD If you're not in dire need of NPs, I'd suggest holding out until at least 60. You'll make more that way ;) If you need NPs, then you could sell all, or what I like to do is sell half (or a percentage of what I have) in case it goes up higher. Quote Link to comment Share on other sites More sharing options...
GlitteryCupcake Posted May 20, 2013 Share Posted May 20, 2013 SMUG has gone up even more to 55! Normally I sell at 60, but since I only have 1,000 shares, I'm going to hang onto them, just in case it goes wayyyy up. Quote Link to comment Share on other sites More sharing options...
plotinus_theos Posted May 21, 2013 Share Posted May 21, 2013 TNAH is up at 63: it's time to sell, sell, sell! Quote Link to comment Share on other sites More sharing options...
Clumsy rockyroad1 Posted May 21, 2013 Share Posted May 21, 2013 Sold 3k of TNAH at 60. Holding 2k to see if it goes higher. Edit: TNAH now at 73! Make your decision to sell or hold now!!! Quote Link to comment Share on other sites More sharing options...
siniri Posted May 21, 2013 Share Posted May 21, 2013 SMUG is at 60; TNAH at 69. My sellpoints are 78 for SMUG and 80 for TNAH, so I'm waiting. Quote Link to comment Share on other sites More sharing options...
Clumsy rockyroad1 Posted May 21, 2013 Share Posted May 21, 2013 I sold 1k SMUG at 60. Only 1k left. Quote Link to comment Share on other sites More sharing options...
jcpet Posted May 21, 2013 Share Posted May 21, 2013 Only have 2k of each SMUG and TNAH. I actually think I sold some SMUG not too long ago when it last hit 60. I'll wait till it goes higher. Quote Link to comment Share on other sites More sharing options...
Finn the Human Posted May 21, 2013 Author Share Posted May 21, 2013 I'm holding SMUG till 100 because I only have 1k. :( Quote Link to comment Share on other sites More sharing options...
jcpet Posted May 23, 2013 Share Posted May 23, 2013 SMUG is at 60; TNAH at 69. My sellpoints are 78 for SMUG and 80 for TNAH, so I'm waiting. TNAH hit 80. Just sold off my remaining 2k. Hope I don't regret this. Wish my port was larger so I could stagger sell. Kinda regret selling all my BB at 60 now that it's over 100. Oh well, profit is profit. Quote Link to comment Share on other sites More sharing options...
siniri Posted May 23, 2013 Share Posted May 23, 2013 TNAH hit 80. Just sold off my remaining 2k. Hope I don't regret this. Wish my port was larger so I could stagger sell. Kinda regret selling all my BB at 60 now that it's over 100. Oh well, profit is profit. Thanks! I just sold 4k (25% of what I had). I hope I don't wake up to regret not selling the rest. Quote Link to comment Share on other sites More sharing options...
Clumsy rockyroad1 Posted May 23, 2013 Share Posted May 23, 2013 Sold 1k TNAH at 80. Only 1k left. Quote Link to comment Share on other sites More sharing options...
Finn the Human Posted May 24, 2013 Author Share Posted May 24, 2013 Sold TNAH on its last run. All 10k I had. D: Quote Link to comment Share on other sites More sharing options...
jcpet Posted May 25, 2013 Share Posted May 25, 2013 KAUF is at 62. For anyone who wants to sell! Quote Link to comment Share on other sites More sharing options...
siniri Posted May 25, 2013 Share Posted May 25, 2013 KAUF is at 68 (sell point = 74). TNAH back to 79 (sell point = 80). SMUG's down to 51 (it never reached its sell point of 78). I've got 22k of KAUF, so I hope it keeps climbing (also still have 12k of TNAH). Quote Link to comment Share on other sites More sharing options...
jcpet Posted May 26, 2013 Share Posted May 26, 2013 hey siniri, SMUG is at 78 right now. hope you can catch it! Quote Link to comment Share on other sites More sharing options...
siniri Posted May 26, 2013 Share Posted May 26, 2013 Thanks, jcpet, I did! I sold all of it since I only had 2k. TNAH is back at 80. Since it jumped 13 today, I'm going to try to keep an eye on it rather than selling the rest of what I have. Hopefully it'll rise even higher. Quote Link to comment Share on other sites More sharing options...
karmacow Posted May 27, 2013 Share Posted May 27, 2013 ACFI is climbing. It's at 47 right now, started at 46 today. Quote Link to comment Share on other sites More sharing options...
Finn the Human Posted May 27, 2013 Author Share Posted May 27, 2013 In all my time of stocks I didnt see ACFI going on a run. :O Quote Link to comment Share on other sites More sharing options...
siniri Posted May 27, 2013 Share Posted May 27, 2013 My sell point for ACFI is relatively low (only 65). TNAH sank like a rock by the time I was able to check again yesterday; it's down to 70. I hope it goes up again. It was up ~13 for the day when I saw it at 80, and I got greedy. Ah, well. KAUF's just hanging around the in the 40's; maybe it'll climb soon, too. Quote Link to comment Share on other sites More sharing options...
Finn the Human Posted May 27, 2013 Author Share Posted May 27, 2013 I'm holding SMUG till 100 because I only have 1k. Quote Link to comment Share on other sites More sharing options...
karmacow Posted June 2, 2013 Share Posted June 2, 2013 Looks like I missed out on ACFI. It started at 51 and is now 43. I'd totally have sold if I had caught it at 50+. Boo at me. I hope it's accepted that I double post to say that TAG is at 60! Quote Link to comment Share on other sites More sharing options...
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