PPX: Payouts Galore

Today on PPX we have halted not one, not two, no, not even three, but FOUR propositions—all of them paying out at POP$0. No surprises here—all of the stocks in question had been trading below $10 for several weeks.

In summary, Digg.com was not shut down, no NASA bigwigs were fired, the iPhone was not recalled, and Facebook.com did not go public:

As always, happy trading! —John Mahoney

6 Comments

Comments

gpm1949gpm (im...
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John Mahoney, I'm not sure who's checking the propositions before they are posted, but you need to check two things: 1) what's the payout date (and most need to be withing 90-days or less) 2) even distribution of long v. short offerings. You have a monster coming:
Month # of payouts
Oct 8
Nov 0
Dec 0
Jan 19 "during 2007" stocks
Feb-Jul 0

You need to have 1 to 2 stocks that pay off EACH WEEK or you will see a mass exodus of active traders (no fun watching paint dry).

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MFT (imported)
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Got that right gpm...I dont know about 1-2 pays per week, but at least maybe 5 or 6 per month to keep it entertaining....How about a payout calendar that quick references upcoming expirations like the 8 set to expire 10/31 etc..this way the active traders can really take a gamble on something they know will expire soon.

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Flammy (imported)
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They do have a Calendar (http://ppx.popsci.com/calendar/), but it doesn't list ending dates, which would be a great idea ... and it doesn't have 'coming soon' stuff ether, which would also be nice.

i like the whole idea even though i have only been here a few days, keep it moving.

:D

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royha3 (imported)
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I agree with the comments above, with such a long span of no scheduled payouts (all November-December) this will cause players to become inactive. I think regular payouts so that players stay active by continuing to re-invest their money is the way to go.

That said I can't wait till the end of year action :)

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hutchie6 (imported)
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gpm1949gpm - Darn straight. This is a lot of fun, but mainly because of stocks coming to fruition-- they don't change in price if nothing's happening, so there's nothing to do.

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hutchie6 (imported)
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... additionally, I had completely forgotten about 3 of those 4 stocks. :( shoot.

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