Final Presentation

Your group is going to present to the rest of the class your work with the SMG. YOu will not use Powerpoint to do this group project. You will need to use Google Docs. That way multiple people can edit and revise 1 powerpoint. Here is an example of a google powerpoint presentation I created.

Final Rankings are listed on Moodle
Presentation needs to include:

Stocks

1. Date purchased/sold (if did sell)
2. Price paid when purchased/sold
3. Commision paid when purchased/sold
4. Why you picked the stock
5. Amount gained/lost on stock (including commision)

Portfolio

1. Begining balance
2. Ending balance
3. Ranking
4. Dividends earned
5. Interest earned

Short Sell

1. Stock symbol
2. date of sale
3. price of sale
4. commision on slae
5. amount gain/loss
6. Why you picked this stock, was it a good choice? Why or Why not

Graphs in Excel - Copy the graph into a regular PowerPoint presentation and then add that slide to the google docs presentation.

1. All Stocks
   
2. Indices
   

• Nasdaq Composite
  
• S&P 500 Index
• DJIA

Which one of your stock(s) would you recommend someone to invest in. Why

5 Things you learned through the SMG

3 Things you would still like to know

InvestWrite

Each Student will need to submit an entry to the InvestWrite contest. The topic of the contest is on the InvestWrite website.

Topic for Fall 2009 InvestWrite Essay

With school work and school activities, a job or chores, plus your friends and hobbies, retirement is probably the last thing on your mind. After all, it's still decades away and right now you might be working to have a bit more spending money in your wallet. However, it's important to make investing a priority even when you're young and on a limited budget.

In your essay, discuss the difference in a saving strategy for an immediate want, like a new computer or car, versus a saving strategy for your retirement. Would you select stocks, bonds, mutual funds or a combination of the three for each of those two strategies? Why? Discuss two of following and how they will affect your personal investing strategy for your long term investment or retirement goals: risk, diversification, compound interest. Conclude your essay by describing the most important thing you learned through your participation in The Stock Market Game.

Deadline for Post Entry: December 3, 2009

Here are the rules for the entry.

The entry will be made as an entry on your group blog. Each person needs to complete this assignment as a separate entry. I will know who has created and edited each entry. I may submit up to 5 entries from the class.

• Each student may submit only one entry with a maximum of 700 words.
• The title chosen by each student (excluding the author's name) must appear at the top of the first page of the text. If references are cited, include them following the last page of the text. (Please note: only the body of the essay will be included in the word count, the title and the works cited will not count against the 700 word limit.)
• The format for references or works cited can be chosen by the teacher.
• Identification of the student or teacher in the essay will result in disqualification.
• Since the judges will base their decision on the author's understanding of the subject matter, rationale, and writing style, please do the same when you judge. View judging criteria.
• All essays must be submitted in plain text; no charts, graphs or symbols will be accepted.

What do you get if your are a finalist Nationally?
Fall 2009 9-12th Grade Awards*

	1st place (1)	2nd place (1)	3rd place (1)
Student	3 Day/2 Night Trip to New York City and a "Wall Street Experience"	Mini Notebook Computer	Mini Notebook Computer
Teacher	3 Day/2 Night Trip to New York City and a "Wall Street Experience" 1-Yr Subscription to Wall Street Journal Classroom Edition	$250 Gift Card 1-Yr Subscription to Wall Street Journal Classroom Edition	$100 Gift Card 1-Yr Subscription to Wall Street Journal Classroom Edition
Class	Classroom Pizza Party	Classroom Pizza Party	Classroom Pizza Party
School	InvestWrite Trophy	InvestWrite Trophy	InvestWrite Trophy
Parents	InvestWrite Plaque	InvestWrite Plaque	InvestWrite Plaque

Short Sell Required Transaction

Each group needs to be sure to sell short a stock that they expect that will be going down. Rules on Short Selling for the SMG. Be sure to include in your portfolio review what stock you sold short and every week that you hold that short sell what the current value of the stock is compared to what you sold it short on.

Rankings as of Monday, November 30

204 out of 962 WI_40_ZZ771 $100,384.09
220 out of 962 WI_40_ZZ768 $100,280.36
265 out of 962 WI_40_ZZ772 $100,004.92
388 out of 962 WI_40_ZZ773 $99,169.67
413 out of 962 WI_40_ZZ770 $98,977.25
432 out of 962 WI_40_ZZ767 $98,770.44
859 out of 962 WI_40_ZZ769 $89,179.10

Thanksgiving Week Review

Week in Review – Thanksgiving Edition

Stocks were gobbling up good news today as investors seemed sanguine about the increase in new home sales, better-than-expected unemployment numbers, and a slight rise in the consumer sentiment figure. While the large number of jobless Americans remains a serious concern to economists and the powers that be in Washington, market participants appear to be heading into the holiday season with a positive outlook. May we be thankful for our blessings and hopeful for our fellow citizens that are still struggling through this tough economy.

In this season of tradition, the Stock Market Game has a tradition of it’s own to observe and that is to let you know about some of the top stocks that are fueling the leading student portfolios. The list is compiled from the states with the largest number of SMG teams, so it’s not exhaustive, but it’s designed to give you a peek at some of the best performing companies this semester. The list of the top five stocks and brief descriptions follow.

Top Five Stock Market Game Stocks – Fall 2009

Company	Ticker	9/8/2009	11/24/2009	% Increase
5. A-Power Energy Generation Systems	APWR	10.16	14.59	43
4. Diedrich Coffee Inc.	DDRX	21.5	33.91	58
3. Amazon.com	AMZN	80.9	132.94	64
2. Bon-Ton Stores Inc	BONT	7.88	13.43	70
1. Revlon	REV	5	17.91	258

5. A-Power Energy Generation Systems – This Chinese company’s main business is building onsite distributed power generation systems and micro power grids for industrial companies. They also build wind turbines, proving the green energy play is still popular with SMG students.

4. Diedrich Coffee Inc. – Company brands include Diedrich Coffee, Gloria Jean's, and Coffee People. Its business includes wholesale, franchise, and retail operations. Watch out Starbuck’s, someone might be gaining on you.

3. Amazon.com – Fueled by expectations of strong holiday sales and increasing revenue from the Kindle, the online retailer has been popular with both investors and SMG students this semester. It’s had a nice run, but is now trading at 78 times earnings, so caveat emptor.

2. Bon-Ton Stores Inc. – This company runs independent retail department stores in the US, offering an assortment of brand-name fashion apparel and accessories, cosmetics, home furnishings and other goods. Its stores include Bon-Ton, Bergners, Boston Store, Carson Pirie Scott, Elder-Beerman, Herberger's and Younkers. The company recently re-negotiated credit agreements earning it a boost from the ratings agencies.

And the winner is...

Revlon Incorporated – Rising 258% since September 8, 2009 is quite a spike. What did our savvy SMG students see in this cosmetics company? Well, it wasn’t lipstick on a pig. Revlon in recent quarters has greatly improved its finances by cutting costs and increasing market share in the lipstick market, regaining its position as number one in this category. It also conducted a swap of preferred shares for common shares, thus reducing the number of common shares available – always good for the common share price. Congrats to the SMG students who recognized Revlon’s inner beauty.

Example of Great Posts

Example of great Market Post
Example of great article review

Different Ways to Make Money on the Market

So what are some ways to make money on the stock market. Buy stock today at $12 and then hope the price goes up to $20. That way you make money.

What about if I sell Short stock at $20 and buy it back at $12. I also just made money! What the stock went from 20 to 12, how do you make money that way. Read this explanation on selling short.

If I have no extra cash but I think a stock will be going up I can buy on Margin to get the stock and then pay back the loan. So buying on Margin is also another way to make money.

Looking for some Tips on your Brochure??

Here are some more articles to help you

http://www.brassmagazine.com/article/investing-information-basics-get-your-started

http://www.brassmagazine.com/topics/investing

Gives you some more ideas on the brochure

Market Review Week 4

While most of downtown New York City is basking in the Yankees recent World Series win with the celebratory parade, a few short blocks away the rest of Wall Street is reviewing the unemployment stats released this morning. The unemployment rate rose above 10% for the first time since October of 1983, a much worse jump than many expected as employers continued to trim jobs from payrolls. Despite an overall growth in the economy during the third quarter, the unemployment reading is a sign of the continued weakness in the labor market. Perhaps the only good news for those out of work is the extension of unemployment benefits. Yesterday Congress voted overwhelmingly to extend benefits for the unemployed to 20 weeks. There are now a record 5.6 million people who have been unemployed for six months or longer, as the average time an unemployed person has been out of a job hit 26.9 weeks.

With the recent unemployment news, many investors are starting to reevaluate gold and bonds as safe investment havens especially after gold rose to $1,110 an ounce this morning. Gold is benefitting from a “flight to quality,” said Adam Klopfenstein, senior market strategist at commodities brokerage firm Lind-Waldock. Investors expecting an economic recovery “threw in the towel” after the jobs report and “want to own something tangible,” said Klopfenstein. While Stock Market Game teams cannot trade commodities, they may be interested in researching companies that mine gold. Some worth taking a closer look include: Barrick Gold (NYSE: ABX); AngloGold Ashanti (NYSE: AU); and Newmont Mining Corporation (NYSE: NEM).

For those Stock Market Game students who would like to add a little stability to their portfolios, have them explore bonds. In essence, bonds are loans investors make to the issuers in return for the promise of being paid interest, usually but not always at a fixed rate, over the loan term. The issuer also promises to repay the loan principal at maturity, on time and in full. While bonds have a reputation as a dull investment in part because they are less volatile than stocks and produce a lower long-term return, their appeal has risen due to the current economic climate.

While all bonds share basic characteristics such as terms, rates, and par values (the face value, or named value of the bond – usually $1,000), they are not all alike. One of the major differences is that they’re issued or sold, by four distinct entities in the U.S. Corporations issue bonds to raise money for expansion, research and development, and other expenses of doing business. While corporations can also raise money by selling new stocks, they may prefer bonds because the existing stocks lose value when new stocks are issued. Municipal governments, such as states and cities, sell bonds to fund projects for the public good like building bridges, sewers, roads, and schools. The U.S. Treasury also issues bonds to meet its regular and unusual obligations. And finally, government agencies issue bonds to raise money to do their work, such as provide mortgages as well as student loans.

Wisconsin Based Companies to Invest in

	Data Through	Time
Company ListMost Active SharesBiggest GainersBiggest Losers	10-23-2009	09:45:15 AM ET

Local Stocks
Ticker	Name	Price $	Price Change $	Volume (000)
AOS	A.O. Smith Corporation	43.49	0.09	333
ATU	Actuant Corporation	16.86	0.36	388
LNT	Alliant Energy Corporation	27.89	0.21	710
MO	Altria Group Inc.	18.18	-0.03	14,222
ALC	Assisted Living Concepts, Inc.	22.30	0.05	23
ASBC	Associated Banc-Corp	11.55	0.49	4,619
AIZ	Assurant, Inc.	32.27	0.93	1,039
BMI	Badger Meter, Inc.	38.70	0.53	114
BKMU	Bank Mutual Corporation	7.79	0.08	150
BMS	Bemis Company, Inc.	26.43	0.03	864
BONT	Bon-Ton Stores, Inc.	8.80	0.32	111
BRC	Brady Corporation	29.35	0.20	258
BGG	Briggs & Stratton Corporation	21.80	-0.44	1,635
BC	Brunswick Corporation	11.87	-0.13	1,741
BUCY	Bucyrus International, Inc.	42.53	-0.05	2,819
CNH	CNH Global NV	22.73	1.74	581
CBE	Cooper Industries, Ltd.	40.15	0.84	4,233
EFD	eFunds Corporation	8.69	-0.14	1
FBIZ	First Business Financial Services, Inc.	9.11	-1.31	0
FISV	Fiserv, Inc.	49.40	0.10	1,224
FO	Fortune Brands, Inc.	43.13	0.98	1,198
GE	General Electric Company	15.34	-0.19	122,900
WOLF	Great Wolf Resorts, Inc.	3.75	0.02	64
HOG	Harley-Davidson, Inc.	28.72	0.38	3,330
TEG	Integrys Energy Group, Inc.	35.77	0.38	611
JCI	Johnson Controls, Inc.	26.96	0.27	3,832
JOUT	Johnson Outdoors, Inc.	9.58	0.44	0
JRN	Journal Communications, Inc.	4.48	0.15	277
JOYG	Joy Global, Inc.	55.40	0.15	3,792
KMB	Kimberly-Clark Corporation	63.09	3.40	6,449
KSS	Kohl's Corporation	59.87	2.09	5,906
KOSS	Koss Corporation	11.51	-0.40	0
KFT	Kraft Foods, Inc.	27.11	-0.31	10,395
LDSH	Ladish Company, Inc.	14.56	0.21	95
MTW	Manitowoc Company, Inc.	11.53	0.29	4,406
MAN	Manpower, Inc.	54.27	1.57	2,188
MCS	Marcus Corporation	13.23	-0.47	92
MI	Marshall & Ilsley Corp.	6.10	0.09	123,480
MRTN	Marten Transport, Ltd.	18.10	0.07	307
MRGE	Merge Healthcare Incorporated	4.04	0.16	121
MGEE	MGE Energy, Inc.	36.41	0.18	36
MTG	MGIC Investment Corporation	5.63	0.32	4,341
MOD	Modine Manufacturing Company	9.39	-0.24	1,165
NPK	National Presto Industries	91.85	1.63	31
NP	Neenah Paper, Inc.	11.40	-0.06	63
OESX	Orion Energy Systems Inc	3.17	0.07	44
OSK	Oshkosh Corporation	35.14	0.40	1,049
PLXS	Plexus Corp.	26.84	0.53	132
RAH	Ralcorp Holdings, Inc.	56.43	-0.04	943
RBC	Regal-Beloit Corporation	49.83	0.40	247
RLRN	Renaissance Learning, Inc.	11.45	0.35	25
ROK	Rockwell Automation	43.87	0.57	853
SCHS	School Specialty, Inc.	24.18	0.46	54
SXT	Sensient Technologies Corporation	26.71	0.32	259
SIAL	Sigma-Aldrich Corporation	54.97	-0.23	992
SNA	Snap-on, Inc.	37.67	0.05	509
STRT	Strattec Security Corporation	13.91	-0.57	1
TOMO	TomoTherapy, Inc.	4.27	0.01	202
TTC	Toro Company	39.24	1.00	199
TFCO	Tufco Technologies	2.76	-0.26	4
TWIN	Twin Disc, Inc.	10.78	-0.25	67
USB	US Bancorp	25.35	0.92	18,246
WSBF	Waterstone Financial, Inc.	4.06	0.06	8
WPP	Wausau Paper Corporation	9.62	0.43	136
WLP	WellPoint, Inc.	46.02	0.76	4,940
WFC	Wells Fargo Company	30.17	1.27	73,131
WEYS	Weyco Group, Inc.	23.01	0.63	9
WEC	Wisconsin Energy Corporation	44.92	0.27	617

Week 1 Rating

Bond

A bond is a certificate representing a loan from an investor to a corporation or government entity that makes fixed payments for a set time and eventually pays back the loan in full.

The amount of money that you earn on a bond is related to its rating

Sandard & Poors Long-Term Debt & Moody's Ratings Equivalents

Investment Grade:	Moody's	Standard & Poors
Exceptional	Aaa, Aaa1, Aaa2, Aaa3	AAA, AAA-, AA+
Excellent	Aa, Aa1, Aa2, Aa3	AA, AA-, A+
Good	A, A1, A2, A3	A, A-, BBB+
Adequate	Baa, Baa1, Baa2, Baa3	BBB, BBB-, BB+
Speculative Grade:
Questionable	Ba, Ba1, Ba2, Ba3	BB, BB-, B+
Poor	B, B1, B2, B3	B, B-, CCC+
Very Poor	Caa, Caa1, Caa2, Caa3	CCC, CCC-, CC+
Extremely Poor	Ca, Ca1, Ca2, Ca3	CC,CC-, C+
Lowest	C	C

Yahoo Finance Bond Page

Blog Posts Required Weekly

You will need to create and update your blog every week during the stock market game.

Here are 7 prompts that you may use when you are writing. You blog must be updated with 4 new posts a week. Prompt 1 & 2 must be done every week. You may choose from the other prompts.

1. Review of your portfolio: What you bought/sold, cost, commissions paid. Overall value of your portfolio (increase/decrease and why). Why you picked to purchase or sell the stock you did this week. Stock dividends declared or splits that occurred to the stock you own.
2. Review of the Market for the week: What happened the previous week for the following indicies:
• S&P 500
• DJIA
• NASDAQ


3. Review an Article from the USA Today Money Page. Include a link to the article and then your review of what was presented.
   
   
4. Review an article on any company that your groups owns stock/bonds in. Include a link to the article and your review of what was presented.



5. How did the competitors do this week compared to the stock you held.



6. New Products/services provided in an industry you hold.



7. Review of the economy in general. What is happening and why.

Blocked ticker Symbols

SMG Excluded Stock Symbols

As of 10-9-09

Symbol Name
ABBB
ADDDF
ADDDY
ADDYY
APPL
ASDFF
AXQPF
BBME
BF.A
BF.B
BFA
BFB
BFET
BKKLY
BLKIA
BLKIB
BOI
BOZZ
BSHI
BVT
CASTU
CMTB
CMYF
CORB
CREL
CRWTF
CTOT
CUMD
CYFL
DBX
DEBC
DMFG
DOLLP
DPC
DSDVF
DXJ
EBK
EFP
EFSG
ESTX
FBBN
FCBE
FCGN
FNSR
FSBC
FSSB
FWLTW
GCE
GCOSL
GCYT
GHC
GNCB
GRBS
HBBRF
HCBP
HMTW
IOT
IPU
IPW
IVOI
JCTCF
LDPH
LFYC
LINSA
LNDU
LUZR
MCPH
MDNB
MHT
MISS
MNBO
MOR
MVLY
NMNB
OSCUF
PARDP
PARF
PMHV
POLGB
PRIMU
PTOK
PWD
RBLG
RTW
SAOSA
SCXLB
SDM
SFEF
SFRK
SGAL
SRNN
STBJF
SWHI
TNRK
TROLB
TVOC
TVTKY
UBD
UNTN
WAFB
WAKE
WIBW
WINA
WXJXF

Post to Nominate for Edublog

Here is a post with a link back to edublog.
This blog is a instructional blog to give my students guidance in writing their own blogs on researching the stock market.

Stock Market Game

Students who participate in the The Stock Market Game™ program learn more than investing. As they progress, they learn core academic concepts and skills that can help them succeed in the classroom — and in life.

Starting with a virtual cash account of $100,000, students strive to create the best-performing portfolio using a live trading simulation. They work together in teams, practicing leadership, organization, negotiation, and cooperation as they compete for the top spot. The setup is engaging, and the learning is a natural part of the experience.

In building a portfolio, students research and evaluate stocks, and make decisions based on what they've learned. Teams trade common stocks and mutual funds from the NYSE, Nasdaq and AMEX exchanges; earn interest on cash balances; pay interest if buying on margin and pay a commission on all trades. To determine why certain stocks perform the way they do, or why the broader market has moved up or down, they need to understand how the economy works, and to calculate their returns they need to do the math.

Since 1977, more than 10 million students have participated in The Stock Market Game™ program, and more classrooms sign on every year. Today the program is available in all 50 states and worldwide.

Teachers have discovered that The Stock Market Game™ program actually boosts attendance and reduces dropout rates. Students who participate in the program gain confidence and build self-esteem. They have fun — and learn more effectively as they see how their classroom lessons apply to the real world.

What students gain from The Stock Market Game™ program is a remarkable experience — and even more important, an education for life.

The program is made possible by the support of more than 650 securities firms, combined with essential grassroots support in schools and communities. It is the only stock market simulation supported by the New York Stock Exchange.

The Stock Market Game™ is a trademark of the Foundation for Investor Education, a nonprofit organization dedicated to developing and providing learning resources for investors of all ages, raising the level of investor awareness in the U.S., supporting research programs, and advocating the advancement of investor education.

Rules of the Game

Rules of The Stock Market Game Program

1. Each team begins the simulation with $100,000 in cash and may borrow additional funds. How much you may borrow is dependent upon the equity in your account. Interest is charged weekly on negative cash balances at an annual rate of 7.00%, and credited weekly on positive cash balances at an annual rate of 2.00%. Interest is calculated daily, then summed for the week (Saturday through Friday) and posted on the following Tuesday. The daily rate is based upon a 365 day year. Daily Interest = Cash * Appropriate Interest Rate(as a decimal) / 365.

2. You may trade only stocks and mutual funds listed on the American Stock Exchange, Nasdaq Stock Market and the New York Stock Exchange that have traded within the last 7 days. Canadian stocks traded on these exchanges will be priced within these markets but the current value is calculated using Canadian exchange prices adjusted using the current exchange rate for the American dollar equivalent.

3. End of Day Game transactions are priced at market daily closing prices. These prices can be found in the next day's newspaper or by using the price quote facilities of SMG. Real Time Game transactions are priced at the market price at the time of entry.

All Mutual Fund transactions are treated as real time transactions and priced at the previous day's closing price. This applies to both End of Day and Real Time games.

Transactions entered with a limit price will not be held past the initial attempt to price the transaction. This applies to both the End of Day or Real Time Games.

4. All buy orders must be a minimum of 100 shares. Sell orders for less than 100 shares will be permitted. Open ended mutual funds can not be short sold. Held short sell positions are marked to the market daily and the resulting gain or loss is added or subtracted from cash. No mark to market trasactions are posted in transaction history.

5. SMG does not permit buying stocks or mutual funds that trade below $5 per share. Such orders will be rejected. Sell transactions for existing long positions where transactions are executed at closing or real time prices will be accepted, even if the price is less than $5.00 per share. (There are a number of reasons for this rule. Low priced stocks, known as penny stocks, are very risky and volatile investments. Accordingly, brokers will not permit their customers to trade such securities on margin, just as SMG does not. Also, penny stocks tend to have very shallow markets and their prices move sharply with large orders, unlike SMG where transactions are executed at closing or real time prices regardless of order size).

6. Trades can only be processed in whole and will be rejected if sufficient buying power does not exist to execute the entire order.

7. A 2% broker's fee is charged for all transactions. For example, if you buy 100 shares of a stock at $10 per share, you must pay the 2% of $1000 or $20. On Sell or Shortsell transactions an SEC fee of $5.60 per million gross rounded to the nearest penny is also charged.

8. The Game is run Monday through Friday. Teams may trade on any day the participating stock markets are open. Orders may be entered 7 days a week during hours the system is available.

9. Trades entered after close of market (4:00 PM ET) will be priced at next day's closing price for the End of Day Game and at opening price for the Real Time Game. Mutual Funds are always treated as real time trades but priced at the last closing price.

10. Teams do not have to liquidate their portfolios at the end of The Game. Winners will be determined on the basis of either equity or the % return above/below S&P 500 Growth. (Some states may use additional criteria to determine winners).

Code of Conduct

Code of participation

1. SMG advisors must be responsible adults 18 years of age or older. In no case may they be a matriculated student in grades K-12.

2. SMG advisors will ensure that every participant on their team(s) has read and understands the SMG Rules and the Code of Participation.

3. Teams that do not comply with the SMG Code of Participation will be removed from the portfolio rankings.

4. The authority to remove a team from the rankings lies solely with the team's SMG coordinator organization.

5. Each team is responsible for any opening or closing transactions entered into its portfolio.

6. Teams may not enter transactions into portfolios other than their own. (Please note that when a team asserts that a transaction was entered by a non-member of that team, the team will nevertheless be ranked based on their portfolio's total equity, which will include the challenged transaction.)

7. Only transactions stored on the SMG database will be recognized for purposes of evaluating portfolio total equity.

8. FIE will be responsible for the accuracy of the market data. It is the responsibility of teams to report any major price discrepancies found in their portfolios. Failure to do so may result in disqualification from the competition. In extreme cases of continued disregard for this rule, FIE reserves the right to delete teams from the game. If a team believes a stock price or other information is incorrect, the team advisor shall notify their Coordinator by email.

9. In the event of an error on the part of FIE and/or coordinator organization(s), their liability to a participant shall be limited to the refund of registration or other fees paid.

Additional Rules

Additional rules

1. Any violation of the rules of the SMG may result in the invalidation of a transaction. Repeated violation of the rules may result in the disqualification of a team.

2. Additional rules have been developed in some states and, if applicable, have been included in your Coordinator's Information Page. It is the responsibility of your team to learn and abide by all rules.

3. You must maintain a total equity position that is greater than or equal to 30% of the current value of your current holdings. If you don't you will receive a margin call.

Portfolio Rules

Portfolios

1. A record of a team's portfolio and transactions will be available daily. A team will not receive a portfolio nor be listed in regional rankings until its initial transaction is entered successfully. A student can only be assigned to ONE portfolio per game period.

2 No back posting of trades will be done for trades of securities not contained within the SMG Security Table. Once the missing security has been added to the Security Table the security can then be traded. The same rule applies to trades rejected if they are incorrectly pricing below $5. Once the pricing has been corrected the security can be traded. Only Bonds listed in the SMG can be traded. No post dating of trades due to the system being unavailable.

3. Stock and cash dividends and stock splits are automatically computed into portfolios. Every effort is made to simulate as closely to real life as possible a variety of other corporate actions (mergers, acquisitions, spinoffs, etc.), which may include the standard three-day settlement period. In this case, it may be necessary to suspend trading of a given security until the action can be completed. Canadian stocks trading on US exchanges cannot be traded between a split's record date and its payout date. It is the responsibility of teams to check their portfolios for accuracy and notify their Coordinator by email of any problems that are encountered.

4. Participants of the end of day pricing game may delete pending transactions prior to market close except in the case of Mutual Funds which are processed as real time orders.

Short Sell Rules

Short sell/short cover rules

1 All short sell orders must be for a minimum of 100 shares. Short cover orders for less than 100 shares will be permitted. Open ended mutual funds can not be short sold.

2. SMG does not permit short sells on stocks or mutual funds that trade below $5.00 per share. Such orders will be rejected. Short cover transactions for existing short positions will be accepted, even if the price is less than $5.00 per share. (See Rule #5 for an explanation).

katie Comments

here is a list of my comments.

Week 1 Post
Week 1 Post # 2