To: Don Pueblo who wrote (196 ) 8/4/1998 11:09:00 PM From: Michelino Read Replies (1) | Respond to
I was asking an honest question. If you are rankled it is because you fired off an intentionally short answer to me and I answered in kind to your rude response. before the market closes or the prices are set. So I expected the same here and with good reason . If a contestant can make picks AFTER Wednesday's market close, he or she can benefit by using late news that might gap a stock either way on Thursday's open. If there was a large cash prize involved here, experienced stock market game players would scour the news after close, looking for earning failures, Asensio attacks, whatever. Anything that would, in a sense, allow them to grab the advantage of buying on Thursday's open using a guaranteed price based on Wednesday's close (Something you can not do in the real market). As you went to great effort to cover most questions in advance here, I really thought that you did understood this "loophole", which can be decisive. Some people think such a tactic is fair. Others think of it as unfair. I think of choosing picks before the close, (not after) as a way of leveling the field and thought you did to .
