Shares

Post by **FatherJack** » November 17th, 2006, 19:50

Has anyone else had a mess around on the Stock Market? I know Hulk did very well on it a while back.

Since my alt is supposed to be a trader, and Friz posted the market web-page in-game, I thought I would invest a few ISK. Out of the three stocks I invested in, only one has increased in price, and the profits of selling it minus the broker charges don't make it worth doing just yet - it still seems to be increasing though, so it's definately a waiter's game.

Something I wasn't expecting though were dividends. One of the stocks that doesn't seem to have moved much paid me 400k - I have just 5M of their shares, so that's a nice payout for doing absolutely nothing.

It's not that I don't like playing Eve, just that I have a lot of other games to play, too - I just think it's great that not only do my skills increase when I'm offline, but my wallet can grow too. If you have cash to spare, are saving long term for something, or know you are going to be away for a while, it's better than having the cash sitting in the bank - there is risk attached of course, I haven't seen any stocks plummet massively, but that doesn't mean it can't happen.

Hehulk · Post by **Hehulk** » November 17th, 2006, 20:28

I only did really well out of sheer luck. The corp I invested in (O'mara shipyards) was the first IPO of it's type in eve's history so it's shares became worth aprox 2,300% of their IPO price. That's how I made my isk

northwesten · Post by **northwesten** » November 17th, 2006, 21:41

stock market? man i didnt know there was one! is there a website for this and tips etc? i may look it up when i have time this weekend!

Post by **FatherJack** » November 17th, 2006, 23:20

Peter Armstrong wrote:stock market? man i didnt know there was one! is there a website for this and tips etc? i may look it up when i have time this weekend!

It's all done in-game, via the browser, http://eve.hubau.be/ I think.

http://eve.hubau.be/index.php?page=exchange more usefully.

friznit · Post by **friznit** » November 18th, 2006, 1:43

Oh thanks for posting this FJ. Something I meant to bring to light a very long time ago and totally forgot about. 5punkorp actually owns 10 shares in ISS Providence. I nearly bought a load myself the other day but seem to have blown all my isk on toys. Ah well