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MAIN MENU | DESCRIPTION | STOCK GAME | CALENDAR | McLAREN FACES | USEFUL LINKS |
Welcome
to the Stock Portfolio Competition.
Your BA 101 teaching team wants you to expose you to a significant
dimension of the business world—the Stock Market.
To gain experience in buying and selling stocks and managing a personal
portfolio, we have arranged for you to participate in a virtual stock exchange.
Each of you just got
$100,000 to invest in the “hypothetical” purchase of stocks and
manage your portfolio in a “virtual” stock market game.
In deciding what stocks you will buy and sell, you are limited to stocks
traded on the NYSE, NASDAQ, or AMEX.
You may not buy options or warrants.
The entire amount of your “gift” (within $5000.00) must be invested
during the first week of the game.
The game begins Monday, February 5
and runs through Friday, May 4.
You must engage in some level of trading a minimum of 4 times during the
semester to receive full participation credit.
Of course, you are welcome to trade as often as you wish.
You are competing with the students enrolled in all 3 sections of BA 101.
The
game is played online through a free service and uses actual market data in
determining the price you pay and how your portfolio is valued.
Once you register for the game, you can then add to your portfolio,
buying and selling stocks as often as you wish.
The service provides you with all the information you need to engage in
active trading.
At the end of the competition, May 4, 2001 , all portfolios in the game
are ranked. Highest
valued portfolios receive prizes and plaques, sponsored by the MFE and Dean’s
Advisory Board.
You may also check each week for up-to-date rankings.
Home
page for the virtual stock competition is found at this site:
http://www.virtualstockexchange.com
Once
you arrive at the site, click on Home page.
Then go to the box marked “Enter competition ID.”
Type in our ID and click on Go.
Once you are on our competition, you will be asked if you want to join.
The answer, of course, is YES, so click on “Join” and you will find a
screen that allows you to identify yourself as “new user”.
Click on “new user” to register.
The registration screen will ask for name, personal password, your email
address and the competition password.
Supply all the necessary information. Next, click submit registration.
Check information, verify and then submit.
You’ll get a screen that tells you that you have successfully joined
our competition.
On February 5 , you’ll be able to log in and start trading.
To find our competition you will need the following information:
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COMPETITION ID (case sensitive): |
profsmith101 |
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COMPETITION PASSWORD: |
MFE218Spr01 |
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NAME OF COMPETITION: |
BA 101 Virtual Stock Competition |
You
may find business periodicals and the Internet useful in helping you determine
what stocks you will buy, how to invest, etc. (Check out Business
Week, WSJinteractive
and Investors Business Daily's Investing
101 and Lessons
On Buying. Also see MFE's detailed list of online investment
analysis tools).
Company information is available from many sources, including free
on-line newsletters.
We encourage you to keep up with current business events and experiment
as well. Risks
won’t hurt you in this game.
Here’s the chance to practice saving for retirement, learning the language
of business and keeping up with business
news.
To monitor your participation and trading activity, we ask you to turn in 4 trading report summaries to your instructor. These summaries should identify what company stock you are holding at the time the summary is due, the estimated value or worth of your portfolio and a brief description (3-4) sentences describing your trading strategy to date (buys/sells--what you have done and why). Summary statements should be turned in to your instructor on) on the following dates: February 26; March 26; April 16 and May 7. The last summary report should identify your final holdings in the portfolio and the net worth of that portfolio at the close of market prices on Friday, May 4.
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Last updated 01/29/2000 |
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