Simcountry Home   Simcountry Documentation   Simcountry Documentation   Simcountry Terminology
online games, multiplayer games
spacing
bullet Simcountry is an Online Digital World where you are the President of a country.
spacing
bullet No download needed!
spacing
What is Simcountry?
Beginners Info
What is Simcountry?
| | | | |
Previous Thread: I'll send teachers for Workers
Next Thread: A THRILLING QUESTION...CAN YOU ANSWER IT???

How long to build a corp

Simcountry: Simcountry Bulletin Board  How long to build a corp

Missouri

Monday, October 13, 2003 - 05:50 am Click here to edit this post
Shares ALWAYS sell at market price it's just that when a lot of share are in the process of moving and the market price will rise if more people want them than are being offered.

What you do if you want to make SURE you get a particular share when it sells is use a limit price.

If the market price is say 300 on something you want with a high demand put in a market order for the maximum you want to pay (say 400).

You will still only pay "market price" for that share at the time it sells but since you offered the highest bid you will be first in line to purchase it.

Works just the opposite for selling.

Also shares can only "rise" so much in a game month so if you only want a small quanity and have plenty of cash you could offer 10K per share.

You still buy at "market" you are just first in line. Where the problem comes in with doing that is if you don't have the cash to buy X number of shares at 10K per share you simply get a red box saying you don't have enough money.

When you are buying shares in a company that has a large supply and no demand. Once again you want to use a "limit order". You put in the order for X number of shares at whatever the market price is.

What that does is sometimes eliminates a rise in market price. If you are the only one buying and the market is $300 .. you will buy at $300 but not $300.01 .. well chances are you will get the stock at $300.

It works the same when doing an IPO basically. If the market price is $300 and there is no demand if you issue the new shares or offer yours at say $285 you stand a chance of triggering share buying by an investment fund.

Either way you will still only be paying or selling for whatever the market price of a share is .. you are just stating your position on the buy or sell order as either being first in line or when ever the traders get around to you.

Simcountry Introduction