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Post by skrouse on Jun 18, 2021 13:56:42 GMT -5
Important Terms
Price - current market price of a Team Stock. The Price is based on current winning percentage of a team times 82 (games). For example, a team that has a current winning percentage of 100% will have a price of 82. If their winning percentage was 50%, it would be 41. A Price can NEVER fall below 1.
Ask (price) - current price at which a GM can BUY Team Stocks from SCM.
Bid (price) - current price at which a GM can SELL Teams Stocks to SCM. Minimum Lots - minimum lots are the lowest amount of shares that can be bought or sold in a single trade. They are based on a formula of $500/Price rounded to the nearest whole number. Minimum lots will change throughout the course of a season.
Ticker Tape RulesTrading Sessions: GMs only will be able to Buy and Sell team stocks from SCM during the open Trading Sessions. The Trading Session Schedule is posted below. Prices will be posted by SCM proceeding the previous sim and GMs can post orders before the following sim deadline. Orders posted in the Ticker Tape thread will are final at the deadline of Sims 1, 4, 7, and 10.
Ticker Tape thread: All GM orders shall be posted in the Ticker Tape thread
Trading Sessions Schedule: 1. Prices posted following Preseason, Trading Session closes at deadline of Sim 1 2. Prices posted following Sim 3, Trading Session closes at deadline of Sim 4 3. Prices posted following Sim 6, Trading Session closes at deadline of Sim 7 4. Prices posted following Sim 9, Trading Session closes at deadline of Sim 10 5. Prices posted following Sim 12, a SELL ONLY Trading Session closes at deadline of FA Day 1. Cross Trades: SCM has a fiduciary responsibility to execute all orders at the best available price for its customers. If one GM is looking to BUY a particular stock, while another GM is looking to SELL the same stock during the same Trading Session, the BUY and SELL will be executed as a Cross Trade between the two GMs. Cross Trades will be executed at the current Price, which will always be between the Ask and Bid. Cross Trades will be executed on a First In First Out basis. Cross Trade example: Pete posts a SELL of 10 Shares of LAL @ 10:15 AM EST
Dirt posts a BUY of 5 Shares of LAL @ 10:30 AM EST
Odin posts a BUY of 10 Shares of LAL @ 11:00 AM EST Current Price of LAL is 47.0, with a Bid of 45.58 and an Ask of 48.40 This will be executed as: Pete SELLS 5 LAL to Dirt @47 Pete SELLS 5 LAL to Odin @47 Odin BUYS 5 LAL from SCM @48.40 Order Edits: Any edited posts in the Ticker Tape thread will be ignored, if a GM wishes to adjust an order they must delete their post and post a new order. The Ticker Tape thread will be locked at the deadlines of Sims 1, 4, 7, and 10. It will be reopened once all orders have been processed.
Off Season Cash Outs: A GM may elect to Cash Out their current Brokerage balance to their Skrousey Bank balance at any point following Sim 12 up to the next season's Preseason deadline. Between Sim 12 and the Deadline for FA Day 1 bids, a GM may elect to liquidate (Sell) any positions held at the current Bid price in order to cash out the funds. These funds will be immediately transferred to their Skrousey Bank.
Disclaimer - These are the Rules as of today, they are subject to change. All GMs will be notified of any changes promptly. The Commissioner maintains the right to veto any transaction he deems inappropriate based on existing TMBSL 6.0 rules.
Remember no edits, any edited post will be ignored.
Current Positions and Balances based on previous Trading Session Close.
Price Tracker
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Post by skrouse on Jun 18, 2021 14:18:16 GMT -5
If you wish to make a deposit from your Skrousey Bank account to your SCM Brokerage account, please indicate it with your first BUY or SELL transaction. If you only want to make a deposit and not buy or sell any stocks, just post the deposit.
I.e.
"Deposit 10K
Buy 100 ANA"
or
"Deposit 5K"
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Post by skrouse on Jun 18, 2021 16:06:37 GMT -5
SCM is now open and accepting deposits ONLY. Trading Session 1 will commence tomorrow following Preseason.
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Post by skrouse on Jun 19, 2021 14:05:34 GMT -5
And the open bell has rung!! Feel free to make a deposit of up to 10K and/or submit market orders!
Remember no edits, any edited post will be ignored.
Current Positions and Balances based on Preseason Win projections Prices (Buy at the Ask, Sell at the Bid)
Ticker Price Bid Ask Min lot
ANA 51.00 49.47 52.53 9
ATL 40.00 38.80 41.20 12
BOS 35.00 33.95 36.05 14
CAR 45.00 41.68 44.26 11
CBO 25.00 13.60 14.44 35
CHO 30.00 31.98 33.95 15
CBU 39.00 28.16 29.90 17
CST 49.00 58.22 61.82 8
CLE 43.00 44.62 47.38 10
DAL 20.00 27.12 28.80 17
HOU 23.00 22.31 23.69 21
IND 57.00 55.29 58.71 8
LAC 32.00 31.04 32.96 15
LAL 40.00 38.80 41.20 12
MIA 30.00 29.10 30.90 16
MIL 59.00 57.23 60.77 8
MIN 49.00 47.53 50.47 10
NYK 51.00 49.47 52.53 9
ORL 58.00 56.26 59.74 8
PHI 49.00 47.53 50.47 10
PHX 43.00 41.71 44.29 11
PIT 37.00 35.89 38.11 13
POR 34.00 32.98 35.02 14
SAS 21.00 20.37 21.63 23
SEA 41.00 39.77 42.23 12
TEX 53.00 51.41 54.59 9
TOR 43.00 41.71 44.29 11
VAN 45.00 43.65 46.35 11
WAS 46.00 44.62 47.38 10
Here are the Starting MV, any deposits will be added to the Starting MV prior to executing any buy orders.
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Post by TinyTimPig on Jun 20, 2021 10:46:58 GMT -5
Deposit 10,000.
Buy 236 SEA
(I think that's the max amount I can purchase? If not, please adjust as necessary)
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Deleted
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Post by Deleted on Jun 20, 2021 11:26:13 GMT -5
deposit 10k
buy 40 carolina cougars (save rest of deposit for later sims)
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Post by skrouse on Jun 20, 2021 12:08:08 GMT -5
Deposit 10K
Buy 500 CBO
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bankz
New Member
GM of the Year: 3001
Posts: 2,347
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Post by bankz on Jun 20, 2021 13:40:02 GMT -5
Deposit 10k
Sell all shares
Buy CBO 822 shares of CBO
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bankz
New Member
GM of the Year: 3001
Posts: 2,347
Likes: 490
Joined: January 2021
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Post by bankz on Jun 20, 2021 13:42:22 GMT -5
Deposit 10k Sell all shares Buy CBO 822 shares of CBO Sorry make it 344 shares of MIA |
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Post by skrouse on Jun 21, 2021 8:50:45 GMT -5
Prices (Buy at the Ask, Sell at the Bid)
Ticker Price Bid Ask Min lot
CAR 45.00 41.68 44.26 11
CBO 25.00 13.60 14.44 35
CHO 30.00 31.98 33.95 15
CBU 39.00 28.16 29.90 17
CST 49.00 58.22 61.82 8
CLE 43.00 44.62 47.38 10
DAL 20.00 27.12 28.80 17
I have found an error that I made in my spreadsheet when adding in BOS, removing GSW, and swapping around the order when BKN became ANA. This caused some inaccurate BID and ASK prices to be displayed following Preseason for the first trading session, they are displayed above. This really only affects three transactions, my BUY of 500 CBO, BK's BUY of 40 CAR, and bankz's SELL of 13 CBO.
The CBO Ask Price should have been 25.75 versus the erroneous Ask Price 14.44.
The CBO Bid Price should have been 24.25 vs 13.60.
The CAR Ask Price should have been 44.26 vs 46.35. I am going to give us all a chance to retract those transactions to the error. I don't think bankz will want to retract his as it worked in his favor. New orders cannot be entered until the next trading session, so it's a keep or cancel option only, no changes.
As I would NOT have purchased any CBO at the correct price, I am retracting my BUY of 500 CBO.
@jayz93j and bankz , please confirm if you'd like to keep or retract your transactions mentioned above.
Ticker Price Bid Ask Min lot
CAR 45.00 43.65 46.35 11
CBO 25.00 24.25 25.75 20
CHO 30.00 29.10 30.90 16
CBU 39.00 37.83 40.17 12
CST 49.00 47.53 50.47 10
CLE 43.00 41.71 44.29 11
DAL 20.00 19.40 20.60 25
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Post by Deleted on Jun 21, 2021 8:53:45 GMT -5
I CANT BELIEVE YOU MADE AN ERROR ON YOUR SPREADSHEET
WHAT DRIVEL THIS IS
also i will up my purchase to 45 units
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Post by Druce on Jun 21, 2021 9:06:33 GMT -5
Deposit 10k
Buy 150 LAC shares
Buy 163 MIA shares
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Post by skrouse on Jun 21, 2021 9:08:24 GMT -5
I CANT BELIEVE YOU MADE AN ERROR ON YOUR SPREADSHEET WHAT DRIVEL THIS IS also i will up my purchase to 45 units The options are to keep or cancel the BUY of 40. |
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Post by skrouse on Jun 21, 2021 9:11:23 GMT -5
Deposit 10k Buy 150 LAC shares Buy 163 MIA shares Trading is not currently open, thread is only open to allow for BK/Bankz to keep or cancel their transactions that had erroneous prices posted. You can do this following Sim 3. |
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Post by Yawn of the Dead on Jun 21, 2021 9:14:47 GMT -5
The price on WAS is way fucked up, our preseason numbers were totally fucked. We went 4 and 40 and the projected win total was 46.
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Post by skrouse on Jun 21, 2021 9:20:14 GMT -5
The price on WAS is way fucked up, our preseason numbers were totally fucked. We went 4 and 40 and the projected win total was 46. Preseason Prices are based on eric's projections, not Preseason performance. So they should match this.
Eastern Conference
58 Orlando Magic
57 Indiana Pacers
51 New York Knicks
49 Philadelphia 76ers
46 Washington Bullets
45 Carolina Cougars
43 Cleveland Cavaliers
43 Toronto Raptors
--- ---
40 Atlanta Hawks
39 Chicago Bulls
37 Pittsburgh Pipers
35 Boston Celtics
30 Miami Heat
30 Charlotte Hornets
25 Charlotte Bobcats
Western Conference
59 Milwaukee Bucks
51 Anaheim Amigos
53 Texas Chaparrals
49 Chicago Stags
49 Minnesota Timberwolves
45 Vancouver Grizzlies
43 Phoenix Suns
41 Seattle SuperSonics
--- ---
40 Los Angeles Lakers
34 Portland Trail Blazers
32 Los Angeles Clippers
23 Houston Rockets
21 San Antonio Spurs
20 Dallas Mavericks
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Post by Yawn of the Dead on Jun 21, 2021 9:26:41 GMT -5
Understood. But those projections were fucked. No way that team, as assembled could be in any way projected to win 46 games. The best players were on the IR and somehow in 4 wins I earned .011 Fracs. Something went wrong in the matrix and that projected number was based on something else.
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Post by skrouse on Jun 21, 2021 9:28:57 GMT -5
Understood. But those projections were fucked. No way that team, as assembled could be in any way projected to win 46 games. The best players were on the IR and somehow in 4 wins I earned .011 Fracs. Something went wrong in the matrix and that projected number was based on something else. Yeah a lot more goes into those than what you did in PS. I actually don't know how much PS weighs into the numbers at all really. |
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Post by Deleted on Jun 21, 2021 9:40:46 GMT -5
Understood. But those projections were fucked. No way that team, as assembled could be in any way projected to win 46 games. The best players were on the IR and somehow in 4 wins I earned .011 Fracs. Something went wrong in the matrix and that projected number was based on something else. Yeah a lot more goes into those than what you did in PS. I actually don't know how much PS weighs into the numbers at all really. Eric uses preseason numbers to project the performance of rookies |
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Post by Deleted on Jun 21, 2021 9:41:04 GMT -5
Also confirm my buy ok
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Post by skrouse on Jun 22, 2021 7:53:04 GMT -5
TinyTimPig deposits 10K TinyTimPig BUYS 237 SEA @42.23 for ($10,008.51) @jayz93j deposits 10K @jayz93j BUYS 40 CAR @46.35 for ($1,854.00) skrouse deposits 10K bankz deposits 10K bankz SELLS 5 ATL @38.80 for $194.00 bankz SELLS 13 CBO @24.25 for $315.25 bankz SELLS 64 HOU @22.31 for $1,427.84 bankz BUYS 386 MIA @30.90 for ($11,927.40)
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Post by skrouse on Jun 22, 2021 13:07:03 GMT -5
The 2nd trading session of the season is now open - here are current market prices (which were double checked). Ticker Price Bid Ask Min lot
ANA 49.20 47.72 50.68 10
ATL 54.69 53.05 56.33 9
BOS 36.08 35.00 37.16 13
CAR 57.07 55.36 58.78 8
CBO 3.69 3.58 3.80 135
CHO 27.31 26.49 28.13 18
CBU 36.90 35.79 38.01 13
CST 20.50 19.89 21.12 24
CLE 54.69 53.05 56.33 9
DAL 36.90 35.79 38.01 13
HOU 25.67 24.90 26.44 19
IND 57.40 55.68 59.12 8
LAC 43.38 42.08 44.68 11
LAL 18.61 18.06 19.17 26
MIA 41.00 39.77 42.23 12
MIL 52.48 50.91 54.05 9
MIN 53.05 51.46 54.65 9
NYK 59.61 57.83 61.40 8
ORL 54.69 53.05 56.33 9
PHI 71.75 69.60 73.90 6
PHX 50.76 49.24 52.28 9
PIT 34.52 33.49 35.56 14
POR 26.08 25.29 26.86 19
SAS 15.42 14.95 15.88 32
SEA 48.46 47.01 49.92 10
TEX 67.08 65.06 69.09 7
TOR 33.54 32.53 34.54 14
VAN 39.36 38.18 40.54 12
WAS 19.52 18.93 20.10 25
Here are current positions and balances
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jhb
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Post by jhb on Jun 22, 2021 13:29:19 GMT -5
Can I deposit 10k and purchase the max lot of ATL stock?
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Post by Druce on Jun 22, 2021 13:30:48 GMT -5
Deposit 10k
Buy 2500 shares of CBO
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Post by Deleted on Jun 22, 2021 13:42:17 GMT -5
why the fuck is the bobcats so high. i literally didnt buy them because i figured their price would tank like houstons did last year for sim 3 updates did you change the formula or some shit
this is a scam market
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Post by skrouse on Jun 22, 2021 14:08:50 GMT -5
why the fuck is the bobcats so high. i literally didnt buy them because i figured their price would tank like houstons did last year for sim 3 updates did you change the formula or some shit this is a scam market Because I suck at copy/paste... fixed lol |
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Post by Deleted on Jun 22, 2021 14:14:23 GMT -5
EDIT: I'd like to buy 400 SAS stock and spend the rest of my money left on CBO shares.
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Post by skrouse on Jun 22, 2021 14:15:11 GMT -5
Can I deposit 10k and purchase the max lot of ATL stock? Yes, I'm allowing mid season deposits (because why not?). But you can only deposit 10K for the entire season. |
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Post by skrouse on Jun 22, 2021 14:22:04 GMT -5
can i put in an order for the max amount of CBO shares i can buy. if so, just 'like' this post and consider this post that order. Yes, will like when I process the order. |
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jhb
New Member
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Post by jhb on Jun 22, 2021 14:28:37 GMT -5
Can I deposit 10k and purchase the max lot of ATL stock? Yes, I'm allowing mid season deposits (because why not?). But you can only deposit 10K for the entire season. I would like to cancel my deposit and purchase after seeing updated ticker prices |
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