Partial tallies to deadline
DEN SOMERA
Today’s column will be especially devoted to report on the players’ trading activities from September 17 to 19, which is the game’s first three days of Week 29.
The complete trading results and performance standings of the players for Week 29, on the other end, will be reported on Tuesday, September 25.
With the earlier announcement that the virtual stock trading challenge will officially end on Tuesday, September 25, this also means the players will still have two more days of trading next week.
The results of these last two trading days will be reported the following Friday on September 28, which is also the game’s deadline to report the final results of the game.
In this connection, the closing prices for September 25 will also be used to determine the final valuation of the investment portfolio of each of the players, together with their final performance standings.
The above schedule should suffice to give the players time to reconcile their records with the game’s report, and at the same time keep everyone informed of the other players’ status in the game.
Should there be any complaint or request for clarification in the game’s final report as published on Friday, September 28, the players have until 12 noon of the following day, Saturday, to submit via email the complaint or request for clarification.
The result of the review will be forwarded to the concerned player by 12 noon of the following day, Sunday, September 30, via email and SMS.
Players, therefore, should include in their emails their cellular phone number.
The schedule for the awarding of prizes will be on Monday, October 1. If players have not yet been formally notified, they should be receiving it not later than the middle of next week.
Week 29 initial report
It was Play Hard who had the most trading orders submitted for the period covered. He had a total of 15 trading orders for execution as compared to Pixiu’s three trading orders.
Three of Play Hard’s trading orders were buying while the rest were selling.
On the other hand, Pixiu’s trading orders were all selling.
None of the other players had any trading activity during the period. All remained silent until posting time.
The following tables detail the transaction records of the players in the first three days of Week 29, covering the period September 17 to 19, 2018.
Bottom line
The market is continuing to fall. Everyone in the game could not escape the drop in prices which is endangering unrealized gains.
Play Hard is trying to solve the problem by acquiring new stock positions as he sells old stock holdings. These new stock positions are expected to outperform in the face of unfolding developments.
As to Pixiu, she has not shown any strategy to grow her earnings except the obvious move to sell existing stock positions to preserve profits.
As of posting, the other players have not made strategic moves that could counter the continuing weakness of the market, much less improve their competitive standing.
Watch out for the trading moves of the players in their end game.
Den Somera is a licensed stockbroker. The article has been prepared for general circulation for the reading public and must not be construed as an offer, or solicitation of an offer to buy or sell any securities or financial instruments whether referred to herein or otherwise. Moreover, the public should be aware that the writer or any investing parties mentioned in the column may have a conflict of interest that could affect the objectivity of their reported or mentioned investment activity. E-mail address of the writer is den.somera@manilatimes.net
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