Season "Stock" Contest
Football “Stock Market” Contest
The game – each person who elects to play will start with 100 points. The points will be used to buy shares in CUSA teams of their choice. The cost of the “stock” in each team is listed below. You will accumulate points based on the total number of wins by the team you hold stock in times the number of shares you own. So, if you put all your money in one team and their cost was 5 points per share, you will acquire 20 shares. If they win 6 games you end the season with 120 points, if they end with 4 wins you end with 80 points.
The object is to find teams you believe are over or under valued based on the initial price of the “stock”. If a team is assigned a value of 4, but you believe they will win 8 games, that would obviously be a stock to buy. You will also have the opportunity to “short” a team’s stock. However, you can only short one team AND NO MORE THAN 100 SHARES. Shorting is essentially selling a stock and then hoping to buy it back later for less money. In this case, if you short one share of a team that has a value of 5, you sell that stock and now have 105 to buy other stocks. Keep in mind though that each game won by a team you shorted deducts 1 point from your total, times the number of shares shorted.
You will not be able to buy or sell stock once the season starts, you live with your initial purchases. The win total will include the regular season, the championship game and any post season games. Keep in mind that the teams that make the conference championship will play 14 games, bowl teams will play 13, other teams 12 (additionally, Rice has an extra game this year).
Please post your entry in a standard format so my data input is a little easier. Below is an example.
SHORT – 5 shares FAU
BUY – 8 shares USM
Buy – 4 shares FIU
Buy – 10 shares UTEP
etc.
Basically put any short position first. Remember, when doing the math you have 100 points to spend PLUS the value of any shorted shares. You can only buy whole shares, no fractional shares. So if a stock is 7.5 and you only have 7 left, you have to buy something else.
Team Price/Shr
FAU 9.50
Marshall 8.50
UAB 8.00
UNT 7.50
ODU 7.50
La Tech 7.00
USM 6.50
Middle 6.00
UTSA 5.50
FIU 5.50
WKU 4.00
Rice 3.00
UTEP 2.50
Charlotte 2.50
Open for any questions.
(This post was last modified: 07272018 12:56 PM by banker.)
