Taking Stock returns to nebusiness today
Jun 24 2009 By Andrew Mernin, The Journal
Are you ready to go back into the bear pit? Andrew Mernin previews the return of our hugely popular fantasy trading game, Taking Stock.
Large, medium and the North 40 companies are all on the game waiting for your investment and you can even pinpoint exactly where to put your money through a wealth of analysis tools and graphs.
Prices are based on live prices with a 15-minute delay. However, those insiders with access to up-to-the-minute prices will not be allowed to cheat as you can not sell anything on the same day you bought it.
The game’s creators – Newcastle technology firm Scott Logic – will also monitor trading activity for any other unusual behaviour which may suggest underhand tactics. The Journal’s business editor Iain Laing said he expected the second Taking Stock competition to be even more popular than the first.
He said: "The game became an extraordinary success very soon after its launch the first time with players across the country and leagues set up at companies eager to show off their trading skills.
"It is a very compelling way to see how good you are at making money on the stock markets and it really brought out a good natured competitive spirit among players.
"At a time when there is so much bad news for the economy and a little suspicion of those making a lot of money in the City, it is a great way for people to get involved in stock market speculation without the risk of losing any real cash, but with the chance of winning a very fine prize."
Page 3: The Rules