The ever popular split conversation

[yon Beast]

Originally Posted by da Beast

example

Class 'A splits @ 10:1
Class 'B' share automatically issued to the market for purchase upon Class 'A' split
Class 'B' is ipo'd @ $100.00 (hundred)
Once class 'B' shares are available after a split and they have their first divi (in %)....say 10% for ease...class 'B' dividend works out to be $10.00 per share.
THAT's the number should be paid class A...$10.00 a share...NOT 10% of the total value.

As I see it...this will fix all

I've not explained enough...

I am assuming stocks 'split' at $10000.00 now?

lots of our stock sits at 100k shares.
That's a billion dollars their next split...and a million shares!!
...call them class A
class B share ipo'd at a hundred bucks...cost a million for ten thousand.
class B dividends 5% next time... equaling $50,000.00. thats 5 dollars a share.
class A shares would receive....5 dollars a share! ...or five million dollars.
Class A receives 5%...or...50 MILLION dollars....the way it is now.
10:1 split bonus should only happen when it splits....we get 10 times what we should every divi on splits

[hessel]

I guess a lot of what you do should depend on what you want to achieve. Looking at the top thirty tonight, the highest volume stock is at 156,000 shares traded. If you want to see active players gain on those who are inactive, then by all means keep making changes. However, if your goal is to get dormant players BACK to trading more, then give them more investments to buy/sell. Think outside the box. I realize the programming resources are very limited. But there are things that could be added that would encourage players to play daily or at least more regularly. Daily mutual fund stocks that CAN NOT be put into long term and which only divi on the day they are purchased would be a great start. Then, active players again could be rewarded and additional buy/sell opportunitys would exist. I think one reason some ports go dormant is the huge amounts of un useable cash that exist. Get people buying these daily stock funds and they might well sell off losers while they are at it. Some people also do not like having shares sold off that they have amassed. That was a big turn off to me. You have leveled the playing field for newer players quite a bit already. Daily players are already being rewarded. Simply tinkering with splits wont solve anything long term. Find new ways to use cash. This helps both sides of the arguement.

[bballjer44]

Originally Posted by SiteWolf

I know many like splits. We just need to find a way to have 'the best of both worlds' as much as possible- not let the market get stale with stocks not being traded, not unfairly benefit the active trader vs the more casual trader (like I've been worried this 100k trading could), yet still allow people the enjoyment of having splits.

What is unfair about being active vs complacent?

[SiteWolf]

maybe I've been reading some of this all wrong over the years...and maybe I've been overly concerned about things I shouldn't and/or things that aren't even an issue....

for sure, we'll continue the 100k trading we do have for now...but how many of you would like that expanded to ALL splits for the month of March? (and I define a time frame primarily because it both gives us an out if we don't like it and time to put a long term solution together)

[rich76]

Originally Posted by SiteWolf

maybe I've been reading some of this all wrong over the years...and maybe I've been overly concerned about things I shouldn't and/or things that aren't even an issue....

for sure, we'll continue the 100k trading we do have for now...but how many of you would like that expanded to ALL splits for the month of March? (and I define a time frame primarily because it both gives us an out if we don't like it and time to put a long term solution together)

[bballjer44]

[SayOw]

Originally Posted by SiteWolf

how many of you would like that expanded to ALL splits for the month of March?

Less than 24 hours to know if this change will be implemented for sure? Kind of seems short notice...imo.

[SiteWolf]

Originally Posted by SayOw

Less than 24 hours to know if this change will be implemented for sure? Kind of seems short notice...imo.

I wasn't meaning I'd implement it immediately

[carjam12]

Originally Posted by SiteWolf

I'm concerned that you're concerned with my concern?
....maybe I'm overly concerned

What I mean is....even active players could potentially get 'left behind' more than they think...after years of viewing splits as something they just hold, suddenly those willing to buy and sell them daily can make significant gains on those who don't have or want to take the time.....one thing if you're talking 10k shares......10 times the effect when it's 100k shares.

For example, someone taking the time to sell losing goalies, buy winning goalies (which some have always done...just not with splits) won't take the negative hit when a goalie split loses....maybe even more an issue wouldn't take the negative hit on a golfer who has a bad day. Yes, that's always been true...just not with splits at 10 times the dollar value of max shares.

In other words, my concern has more to do with people who've been used to MANAGING their portfolio (adding new IPOs, maybe selling losing pitchers and goalies sometimes and buying them back) suddenly having to either trade more actively, or lose ground more quickly than ever before. And some of those managers are VERY active here...but they're managing their TV port while playing comp ports actively.

Maybe I'm overanalyzing...maybe I'm trying to save people from themselves

I'm a perfect example of what Oren said of above.Ive been hear since day one ten years ago.I play all ports everyday use to hold all splits no matter of gain or loss.Then when we were able to sell and buy back 50k i started doing that.the only problem is i long term a few basketball stocks at the end of last year at 50k shares and this year before the season started when we were able to buy splits for the coming season i thought i had full shares of 4 splits these 4 splits cost me 7 spots on the tv leader board even though i played all ports everyday.i was so frustrated watching this i thought about quiting.i realize i will never win a comp i play because i enjoy it.To all of you who worry a new person is going to catch stop it will never happen.who cares if same who joined later can have the same years gains as some one who has been here from day one no matter the changes i believe those that have done well continue to do so

[rich76]

Originally Posted by carjam12

I'm a perfect example of what Oren said of above.Ive been hear since day one ten years ago.I play all ports everyday use to hold all splits no matter of gain or loss.Then when we were able to sell and buy back 50k i started doing that.the only problem is i long term a few basketball stocks at the end of last year at 50k shares and this year before the season started when we were able to buy splits for the coming season i thought i had full shares of 4 splits these 4 splits cost me 7 spots on the tv leader board even though i played all ports everyday.i was so frustrated watching this i thought about quiting.i realize i will never win a comp i play because i enjoy it.To all of you who worry a new person is going to catch stop it will never happen.who cares if same who joined later can have the same years gains as some one who has been here from day one no matter the changes i believe those that have done well continue to do so

[vansmak]

Go for it.

[Blackhawkaholic]

What ever you do is cool..........BUUUUUUUUT........ if you continue to offer the amnesty period you shouldnt turn off the moo.....or do away with it all together. I do feel it is unfair to those of us who have held the splits for long term to have lost the benfits of holding on to them for eternity & still feel we should have the multiple splits re-instated if the 100000k trades stay.

[SiteWolf]

not sure what you're saying re moo...or maybe you're just meaning that the moo being what it is now (which means moo is capped so that a 100,000 buy/sell has the same effect as a 10,000 buy/sell) should be eliminated.........the original/only reason we put that in was after having a run of people selling their entire portfolios and causing havoc...maybe we don't need to worry about that anymore or maybe there's a happy medium

[yon Beast]

Originally Posted by SiteWolf

.......the original/only reason we put that in was after having a run of people selling their entire portfolios and causing havoc...maybe we don't need to worry about that anymore or maybe there's a happy medium

havoc?

one or two selling their ports and splits would make minus moo...and would affect ports throughout the site.

its not selective or unfair....ALL ports would be affected the same negatively.

MOO
moo is an important part of the game....for competitions....and the release of interest inducing enzymes.
Right now....2-3% moo is the most i see from day to day.
That's just barely enough to flip out for a better player...which was all the fun... but can't do anymore.


moo is moot....as it is.

[SiteWolf]

moo in general is something I can adjust up/down in a snap...I used to increase it in months there were fewer comp ports in play and slide it back down as the comp ports increased....I'll admit not having done that much of late

some things you guys have to be vocal about or I won't be all that aware of....remember, I play a game here, but it's not the game you guys play!

havoc...now I don't remember how long it's been...may be many years since the adjustment for that....but havoc enough that people would have negative gains for a month because of it if memory serves