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Post by Matt Kovac on Jan 30, 2008 15:37:17 GMT -4
The November City Stock Exchange or NCSE is currently the only stock exchange in the Micronational World. Companies and Individuals are Able to buy and sell stocks at their leaguer. The Stock exchange has many security features and it is the ideal place for micronationalists to make money. The Point SystemWhen you see Sock exchanges go either up or down a certain amount of points it depends on how many stocks are bought and sold. The NCSE Point System Works as follows For every 5 Stocks sold it is up one point, for every 5 stocks sold and not bought by anyone the companies stock goes down one point. For Example: If someone buys ten stocks in the Noname Corporation the No name corporation will be shown as Follows on the Business news: Noname Corporation [glow=green,2,300]^[/glow] 10 Points
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Post by andreasthewise on Feb 18, 2008 1:49:08 GMT -4
Can I ask how the points affect it? Does this mean that if I buy 100 stocks in a company, the price goes up (for each stock) by 100? Or do the points not correlate to price as they do in the real world?
EDIT: And can you sell stocks that nobody wants to buy?
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Post by Matt Kovac on Feb 18, 2008 16:49:37 GMT -4
The points just tell us how the markets are doing, the price depends on teh demand for the stock, they should be going up or down in a few weeks. You can sell stocks that nobody wants to buy however we probably will not allow a company on the exchange if they are not likely to sell well.
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Post by andreasthewise on Feb 18, 2008 17:52:16 GMT -4
Ok. So the points have absolutely no bearing on the value of the stock. Ok. Just getting that clear ...
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Post by Matt Kovac on Feb 19, 2008 0:09:38 GMT -4
Yep exactly. A few people have been confused about the NCSE making them weary about buying stocks, but I would be happy to answer amyones questions and the market should be more vibrant in the coming weeks.
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