May 26, 2003

Still confused about the stock market

Just when I thought I understood how this stuff worked, I bought a bunch of shares in "Busy mom blog", and the price went down. I really need to read that Motley Fools book that's been propping up the end of the coffee table ...

Posted by rbowen at May 26, 2003 01:20 PM | TrackBack
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Thanks for the thought anyway! :)

It may go back up since all my incoming links haven't been indexed yet. But, heck, I don't really get it either, so what do I know?

Come back and visit sometime soon!

Posted by: Busy Mom on May 27, 2003 11:31 PM

One thing to watch for when you are buying stock on Blogshares is the incoming links. Compare the number in the "Statistics" area at the top of the page with the list of "Top 100 Incoming Links" near the bottom of the page. If the there are more links in the Top 100 section, buy! When Blogshares gets around top re-indexing that site, the value should go up.

That doesn't always get you an immediate jump in per-share price, though. It seems that often, it only recalculates the share price after somebody buys shares. You might even have to sell a few shares and wait for somebody else (or even yourself, later on) to buy them for the price to readjust.

I've been "manipulating" your stock values to my advantage over the last week or so :)

Posted by: Dougal on June 2, 2003 12:31 PM
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