06 December 2006

Blogshares update

Interesting, a Blogshares press release:
Press Release

R32Argent suffered a huge setback with several analysts urging their clients to ditch the stock as it suffered a public relations disaster. The exact nature of customer dissatisfaction was not known but Soraya Dione was rumoured to have had a hand in it. Industry insiders suspect a Star Spangled Banner (artefact) was involved. R32Argent share price dropped from B$170.36 to B$80.07

Soraya Dione declined to comment on the recent speculation.

Soraya Dione: http://blogshares.com/user.php?id=34991

PRID# 1600275 / Posted: 07:10 05 Dec 2006


Anywhoo, I'm happy to note that my share price has bounced back to B$326.91 :o)

2 comments:

Stargazer (original profile) said...

So do you play Blogshares just like the stock market? How were you able to buy all your shares in the first place?

And one more question, if your share prices are up, can you sell and take a profit?

r32argent said...

Yup, Blogshares mimics the stock market, with blogs acting as companies.

When new people register they get B$5000 as seed money. I followed Blogshare's recommendation to start: I found a cheap blogshare-listed blog, purchased shares which drives up the price, then sold the shares for profit.

Things can get more complicated once you start working with 'ideas' and 'artefacts', which I haven't looked fully into, yet.

I'm going to hold on to my blog's shares, for now.