|
How
do I purchase or sell shares?
All
share transactions are conducted within the World
games Inc Stock Exchange that is accessed by clicking
on the Play World Games Inc Global Exchange Stocks
link within your Member's Lounge.
The
first thing you need to do prior to purchasing shares
is to establish a price that you are prepared to pay
for them. You will need to have a look at the prices
that sellers want for their shares and you need to
look at the prices that buyers are prepared to pay.
The
central feature of the Stock Exchange is the Buying
& Selling table which lists the highest 20 prices
that buyers are prepared to pay and 20 lowest prices
that sellers are prepared to sell at. At any given
price there may be more than one buyer or seller, so
the number of Users is displayed at each price. The
volume of shares being offered or sought at each price
is also displayed so you can calculate the value of
the shares on offer.
In
the example below the highest buyers want to purchase
2456 shares at Sf 3.61. The lowest sellers are seeking
Sf 3.65 and only have 635 shares for sale. You need to
determine whether you believe the sellers are prepared
to drop in price or whether there is sufficient demand
that buyers will be prepared to increase their price
to secure the shares. Looking at the volumes, there is
a lot of demand for shares on the buying side but a
much smaller supply of shares on offer for sale. In
this case there is sufficient upward pressure to
warrant the share price increasing in value.
If
you believed the share price would never be this low
again and you wanted to secure the shares you could
either place a BUY order at Sf 3.62, going to the
front of the queue, or you could purchase the shares
by accepting the Sf 3.65 offer of the sellers. If you
placed your order at Sf 3.62 there is the chance that
another buyer will offer a higher price and you may
miss out on the opportunity to purchase at that price.
As you can see, the World Games Inc stock market
operates like any other stock market,except it is not
subject to the external
factors that a real stock market is.
|
BUYING
|
|
SELLING
|
|
#
|
Price
|
Volume
|
Users
|
#
|
Price
|
Volume
|
Users
|
|
1
|
3.61
|
2456
|
5
|
|
1
|
3.97
|
82
|
3
|
|
2
|
3.60
|
3690
|
9
|
2
|
3.96
|
200
|
2
|
|
3
|
3.59
|
943
|
5
|
3
|
3.95
|
102
|
2
|
|
4
|
3.50
|
1245
|
13
|
4
|
3.94
|
51
|
3
|
|
5
|
3.45
|
70
|
2
|
5
|
3.93
|
303
|
1
|
|
6
|
3.44
|
6
|
1
|
6
|
3.91
|
528
|
1
|
|
7
|
3.43
|
17
|
3
|
7
|
3.9
|
7050
|
3
|
|
8
|
3.42
|
30
|
5
|
8
|
3.89
|
506
|
4
|
|
9
|
3.4
|
1806
|
12
|
9
|
3.88
|
294
|
1
|
|
10
|
3.33
|
5
|
1
|
10
|
3.87
|
129
|
1
|
|
11
|
3.32
|
8
|
1
|
11
|
3.86
|
1
|
2
|
|
12
|
3.31
|
60
|
2
|
12
|
3.81
|
500
|
1
|
|
13
|
3.3
|
1011
|
13
|
13
|
3.8
|
434
|
3
|
|
14
|
3.28
|
203
|
1
|
14
|
3.79
|
520
|
9
|
|
15
|
3.27
|
206
|
2
|
15
|
3.78
|
133
|
3
|
|
16
|
3.25
|
355
|
5
|
16
|
3.75
|
300
|
2
|
|
17
|
3.23
|
4
|
1
|
17
|
3.74
|
555
|
1
|
|
18
|
3.22
|
170
|
1
|
18
|
3.73
|
542
|
3
|
|
19
|
3.21
|
5000
|
1
|
19
|
3.7
|
1035
|
1
|
|
20
|
3.2
|
296
|
9
|
20
|
3.65
|
635
|
1
|
|
