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Simcountry is an Online Digital World where you are the President of a country.
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What is Simcountry?

The GM's are effectively putting chains on CEO's now. (White Giant)

Simcountry: Simcountry Bulletin Board  The GM's are effectively putting chains on CEO's now. (White Giant)

Henry David Thoreau (Fearless Blue)

Saturday, August 2, 2008 - 07:39 am Click here to edit this post
Quote from Tom, Monday, July 14, 2008 - 02:12 am "I heard complaints about quick selling after an IPO when the default target was 51%. We then changed the default to 85% ... The IPO is 15% so the target of 85% means no further selling."

The fix is appreciated. I believe there is a small error associated with this fix. It's subtle, and not terribly harmful, but it is annoying and confusing.

Portfolio targets normally change when you buy or sell shares, to reflect the actual state of the portfolio after the trade. Ex, portfolio target of XYZ is 55% and you own 55%. You sell 10%. After the sale the target resets to 45%. Good, that's what you wanted.

Problem: since the fix, the 85% level is sticky and doesn't reset after a sale below that level. ex. You do an IPO and sell 15%, all shares sell, you own 85%, target adjusts to 85%. Okay so far. Next month you sell another 10%, the sale goes through, you own 75%. Okay, looks fine. The following month you look, a BUY order has automatically and undesirably been placed. The target is still at 85% -- it never reset to 75% the way it normally resets after a transaction.

It's a low priority bug, and I'm just describing it to help allay confusion and separate it from other bugs. The workaround is easy, you just have to remember to reset the target manually after the sale that took your share below 85%. I've seen this >10x and watched it carefully the last few, but please correct me if anyone has a better interpretation.

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