The stock market money tree

Gail B RJ: Gail Goose Post Rating: 0 + / - Total Posts: 14 Karma: 11 Joined: Mar 31, 2012	Posted on Apr 2, 2012 I am but a very new player, but it strikes me that with there being no bid/ask system and rather an "available shares" system, it is very, very easy to raise masses of money on the stock market. Over the last few days I've seen a few shares shoot up massively, mostly new IPOs, and it seems like this is just an opportunity for a huge amount of free money at very little effort. Are there any plans to introduce a bid/ask system now the number of players is rising? Of course, this would make it much harder to raise money from IPOs...
Scott (Admin) RJ: Ratan Joyce CO: Ratan Joyce Post Rating: 0 + / - Total Posts: 1175 Karma: 5083 Joined: Jan 13, 2012	Posted on Apr 2, 2012 Of course there's a plan for that. Again the stock market was designed when we only had 20 players, so a pure ask/bid would be unwise as it'd make people wait for days before getting any activity - and they would be from the same big guys.
Gail B RJ: Gail Goose Post Rating: 0 + / - Total Posts: 14 Karma: 11 Joined: Mar 31, 2012	Posted on Apr 2, 2012 Ok, neat :)

You need to register or login to post a reply.