Dec 21st, 2017, 05:59 PM
Welcome to HeadlessCowboy's stock market!
Here you can buy preferred and common stock. The difference between preferred and common stock is:
Preferred stock costs more to buy than par value, has more voting power than normal, and receives dividends.
Common stock costs at par value have normal voting power and do not receive dividends.
Your voting power divided by total voting power is the rate your stock is calculated.
Here are the rates before the market is turned live:
Preferred stock costs $100 per stock and has a voting power of 3. The amount of dividends is the rate times how many preferred stocks you have.
Common stock costs $25 per stock and has a voting power of 1. There are no dividends for this type of stock.
The total amount of Preferred Stocks that can be bought at this time is:
2250
The total amount of common Stocks that can be bought at this time is:
10500
Keep in mind that the stock market goes up and down. As I make money, the stock price goes up. As I lose money, the stock price goes down. There will be a set schedule when live trading happens where people can buy and sell in live time. These will be planned at least 1 week in advance; however, they can be rescheduled within 3 days of the live trading planned time due to real life issues. Hopefully, i won't have to cancel too late but if I do, I'll send out a $.02 dividend to all preferred stockholders.
Also note: Any 'big' purchases (~25,000+) will be announced at least 24 hours beforehand.
This stock market will be maintained by me, before/after hour tradings will be based on the prism net worth of my account so have a good look there before selling and buying stocks. Search: HeadlessCowboy
You are able to sell your stocks to someone else, but you must notify me within the week of the selling. In the notification, you are required to post how many stocks, what kind of stock(s), and the amount you are selling the stocks to them. And then they are required to confirm this in a forum mail or /msg on the server with the same information. Keep in mind scamming is against the server rules. If there is any foul play with this, I will remove it and then you will be only able to trade directly with my account.
If you become inactive for 14 days, then your stocks go off to auction to the highest bidder which will take place in a 24-hour window with mails to me about offers when I announce the auction. There will be of course a minimum biding but that will only be disclosed after the first round of 24-hour window.
The trading is going live in January. This gives me more time to make the stocks more valuable when they are bought. Before the stocks go live you can still buy the stocks at par value (Either $100 preferred or $25 common) to get the best value since stocks will change day by day.
Please note that any of these regulations are subject to change at any time. I will do my best to notify all of any changes besides stock price.
Also note, this may not be done if Silas doesn't want this to happen since the last thread got locked in the suggestions section of the forums. IF this doesn't get the go-ahead, then I will refund all pre-purchases of stocks. This is just a warning. I would be doing this myself and not relying on server power besides the usual.
If you guys/gals want any changes before this goes live, then send me a mail and i'll see if it can be done.
Here you can buy preferred and common stock. The difference between preferred and common stock is:
Preferred stock costs more to buy than par value, has more voting power than normal, and receives dividends.
Common stock costs at par value have normal voting power and do not receive dividends.
Your voting power divided by total voting power is the rate your stock is calculated.
Here are the rates before the market is turned live:
Preferred stock costs $100 per stock and has a voting power of 3. The amount of dividends is the rate times how many preferred stocks you have.
Common stock costs $25 per stock and has a voting power of 1. There are no dividends for this type of stock.
The total amount of Preferred Stocks that can be bought at this time is:
2250
The total amount of common Stocks that can be bought at this time is:
10500
Keep in mind that the stock market goes up and down. As I make money, the stock price goes up. As I lose money, the stock price goes down. There will be a set schedule when live trading happens where people can buy and sell in live time. These will be planned at least 1 week in advance; however, they can be rescheduled within 3 days of the live trading planned time due to real life issues. Hopefully, i won't have to cancel too late but if I do, I'll send out a $.02 dividend to all preferred stockholders.
Also note: Any 'big' purchases (~25,000+) will be announced at least 24 hours beforehand.
This stock market will be maintained by me, before/after hour tradings will be based on the prism net worth of my account so have a good look there before selling and buying stocks. Search: HeadlessCowboy
You are able to sell your stocks to someone else, but you must notify me within the week of the selling. In the notification, you are required to post how many stocks, what kind of stock(s), and the amount you are selling the stocks to them. And then they are required to confirm this in a forum mail or /msg on the server with the same information. Keep in mind scamming is against the server rules. If there is any foul play with this, I will remove it and then you will be only able to trade directly with my account.
If you become inactive for 14 days, then your stocks go off to auction to the highest bidder which will take place in a 24-hour window with mails to me about offers when I announce the auction. There will be of course a minimum biding but that will only be disclosed after the first round of 24-hour window.
The trading is going live in January. This gives me more time to make the stocks more valuable when they are bought. Before the stocks go live you can still buy the stocks at par value (Either $100 preferred or $25 common) to get the best value since stocks will change day by day.
Please note that any of these regulations are subject to change at any time. I will do my best to notify all of any changes besides stock price.
Also note, this may not be done if Silas doesn't want this to happen since the last thread got locked in the suggestions section of the forums. IF this doesn't get the go-ahead, then I will refund all pre-purchases of stocks. This is just a warning. I would be doing this myself and not relying on server power besides the usual.
If you guys/gals want any changes before this goes live, then send me a mail and i'll see if it can be done.