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- Path: sparky!uunet!enterpoop.mit.edu!micro-heart-of-gold.mit.edu!xn.ll.mit.edu!ll.mit.edu!shoham
- From: shoham@ll.mit.edu (Daniel Shoham)
- Subject: Re: 1830: stock round question
- Message-ID: <1993Jan1.191602.13581@ll.mit.edu>
- Sender: news@ll.mit.edu
- Organization: MIT Lincoln Laboratory
- References: <1993Jan1.030058.8152@bcrka451.bnr.ca>
- Date: Fri, 1 Jan 93 19:16:02 GMT
- Lines: 83
-
- In article <1993Jan1.030058.8152@bcrka451.bnr.ca> mdm@bnr.ca (Diane MacMartin) writes:
- >The 1830 rules explicitly prohibit selling, then buying the same
- >stock in the same stock round. A quick perusal of the rules did
- >not turn up any rule that said whether you couldn't or could
- >buy THEN sell a stock in the same stock round.
- >
- >In our last game, one of the player's actions made us wonder whether
- >to add such a prohibition to the rules. Has anyone else ever found
- >it necessary? How did it work out?
- >
- >--
- >Diane MacMartin Bell-Northern Research, Ltd Ottawa, Canada
- >mdm@bnr.ca Any opinions are my own and do not represent BNR.
- >=========>> If this is printed on paper, please recycle it <<==========
-
- Quite legal.
-
- In fact, one can buy and sell within the same turn, not just the same stock
- round. A commonly used strategy.
-
- I suspect the player that have offended you so much has been systematically
- depressing the prices of evryones else's companies. Do not despair, there
- are enough factors at work to circumvent and moderate such tactics, as well
- as counter-strategies:
-
- 1. When a lot of shares (say, 4) are in the bank pool, companies (almost)
- always pay out, collecting revenues from those shares to keep cash flow.
- Even if the owner one day must add own money to buy a train, since between
- the company and the owner 100% of revenues were paid, this is no loss -
- and the share price benefits.
-
- 2. If a player is buying share after share with the obvious intent to depress,
- sell 1 share yourself (going from 6 to 5 shares, or if allready at 5 - buy
- and sell yourself) - you will not stop the depression, but you will make
- the offender lose money (generally you will not further depress your share
- price, as it will hit a floor).
-
- 3. (late game) If your cheap companies get too depressed in price, send them
- into the colored part of the stock-market chart where they don't count
- toward your share-limit (by not paying out several times), and use your
- newly created slots for choice investments. Leave them in the colored zone
- (by sporadically not paying out). Such companies get very cash-rich, use
- them to buy trains for the rest of your companies (who always pay out).
-
- 4. By inter-company train transfer, make your price-volunerable (i.e. highly
- priced, and far above the floor) unattractive (have no trains, or about
- to be outdated trains) during stock rounds. If any wise soul dare buys two
- shares, sell all of your shares and hand the company - a HEAVY LIABILITY -
- to it's new president.
-
- 5. (Early game) if all other opponents have sold shares of one (or more) of
- your companies, you no longer need 5 shares to maintain control (until the
- next stock round), sell as many as you can yourself. You will be able to
- buy your shares back next round at a LOWER price. You will also be able to
- use the "liberated" cash to invest in well-paying stocks, or even start a
- new company. While you will not get income for the shares you sold, the
- income will go to the company treasury and reduce the need to capitalize
- later. THIS WORKS PARTICULARY WELL IN A 2 PLAYER GAME. (When 5 shares are
- in the bank pool, we often use the term "half-capitalization").
-
-
- Nevertheless, in our (extremely agressive) 1830 group, every company - sooner
- or later - get depressed to a floor, slowly or all at once, during the game.
- Afterward, it just "crawls" up the "steps", hoping to be on a floor during the
- stock rounds (or suffer a one-box depression at someones hand). Sometimes a
- share pays so well, that opponents would rather keep it than depress the price.
-
- - much of the "cut-throat" nature of 1830 would be destroyed if share-price
- depression via the buy-sell sequence was out-lawed.
-
-
- Dan Shoham shoham@ll.mit.edu
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