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Boy, Am I Getting Killed!

Posted by Jake Leonard on January 4, 2008

I discovered this fantasy stock market game called The UpDown and I joined in late November.

You start with a million dollars and you invest in various stocks (e.g. Wal-Mart (WMT) or International Paper (IP)) and you see how it goes. You might want to buy or sell when you need too, because losses will affect your buying power!

I have already figured that out the hard way. I originally bought Casey’s General Stores (CASY) when it was on the rise and after two months, it was declining and really fast. This recent Wednesday, I sold out all of my stock on CASY and a telecommunications stock that went bad.

Here is how I did today:

 
Stock Last Price Day’s Change Day’s Gain Shares Price Paid Total Gain Market Value Action
ADM $45.85 $0.12 0.26% $153.00 1,275 $36.00 <a href=”javascript: showTip();” onmouseover=”Tip(’

$12,558.75 (Capital gain)
-$100.00 (Commission paid)
$12,458.75 (Total)

‘)”> $12,458.75

27.14% $58,458.75 Buy / Sell
CHTR $1.06 -$0.06 -5.36% -$7,697.88 128,298 $1.37 <a href=”javascript: showTip();” onmouseover=”Tip(’

-$39,772.38 (Capital gain)
-$100.00 (Commission paid)
-$39,872.38 (Total)

‘)”> -$39,872.38

-22.68% $135,995.88 Buy / Sell
DELL $22.09 -$1.62 -6.83% -$4,050.00 2,500 $27.73 <a href=”javascript: showTip();” onmouseover=”Tip(’

-$14,100.00 (Capital gain)
-$100.00 (Commission paid)
-$14,200.00 (Total)

‘)”> -$14,200.00

-20.48% $55,225.00 Buy / Sell
FCL $51.84 -$1.38 -2.59% -$4,504.32 3,264 $54.50 <a href=”javascript: showTip();” onmouseover=”Tip(’

-$8,682.24 (Capital gain)
-$100.00 (Commission paid)
-$8,782.24 (Total)

‘)”> -$8,782.24

-4.94% $169,205.76 Buy / Sell
GDI $31.83 -$0.65 -2.00% -$357.50 550 $32.56 <a href=”javascript: showTip();” onmouseover=”Tip(’

-$401.50 (Capital gain)
-$100.00 (Commission paid)
-$501.50 (Total)

‘)”> -$501.50

-2.80% $17,506.50 Buy / Sell
GOOG $657.00 -$28.33 -4.13% -$8,244.03 291 $686.84 <a href=”javascript: showTip();” onmouseover=”Tip(’

-$8,683.44 (Capital gain)
-$100.00 (Commission paid)
-$8,783.44 (Total)

‘)”> -$8,783.44

-4.39% $191,187.00 Buy / Sell
IDN $3.18 $0.07 2.25% $83.72 1,196 $3.48 <a href=”javascript: showTip();” onmouseover=”Tip(’

-$358.80 (Capital gain)
-$100.00 (Commission paid)
-$458.80 (Total)

‘)”> -$458.80

-11.02% $3,803.28 Buy / Sell
NWS $20.11 -$0.54 -2.62% -$1,890.00 3,500 $21.76 <a href=”javascript: showTip();” onmouseover=”Tip(’

-$5,775.00 (Capital gain)
-$100.00 (Commission paid)
-$5,875.00 (Total)

‘)”> -$5,875.00

-7.71% $70,385.00 Buy / Sell
WMT $45.66 -$0.72 -1.55% -$2,960.64 4,112 $48.29 <a href=”javascript: showTip();” onmouseover=”Tip(’

-$10,800.82 (Capital gain)
-$200.00 (Commission paid)
$904.64 (Dividends received)
-$10,096.18 (Total)

‘)”> -$10,096.18

-5.08% $187,753.92 Buy / Sell
Market Value $889,521.09
Cash $3,936.51
Portfolio Value -3.66% -$33,974.57   $893,457.60
Total Positions $889,521.09
<a href=”javascript: showTip()” class=”tipText” onmouseover=”Tip(’Buying Power equals your Portfolio Value
minus your Total Positions and Cash Reserved
for Pending Trades. If you have no short
positions, Buying Power equals your cash.’)”>Buying Power
$3,936.51

I have to admit I didn’t do too well. If you are curious about what the NYSE/NASDAQ/S&P 500 abbreviations are, so I’ll help you on the stocks I have: ADM – Archer Daniels Midland, Co.; CHTR – Charter Communications; DELL – Dell Computers; FCL – Foundation Coal Holdings; GDI – Gardner Denver, Inc.; GOOG – Google; IDN – Intelli Check Inc.; NWS – News Corp DE Class B; WMT – Wal-Mart.

If you want to check out my daily portfolio, go to http://www.theupdown.com/userPortfolio.do?id=28633.

One Response to “Boy, Am I Getting Killed!”

  1. ABG said

    i don’t know if you’re still doing this but I joined. seemed like you had a tough stretch going -14%.

    I just posted a review of my portfolio so far here… http://www.angrybrownguy.com/?p=533

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