The spreadsheet[/size]
https://docs.google.com/spreadsheets/d/11p38Kghw56doh-uBfYBN1-Ucxbb89HdC_8FKWtXJJGw/edit#gid=0Welcome to Doc's Stock Shenanigans Roulette Who are you and what are you doing here? I used to post here a lot until about 2016, when life started tossing me beanballs instead of fastballs down the pike. For some reason I felt this past holiday was the time to re-integrate here. I invented quite a few roulette shenanigans back in the day, and much like how my last one incorporated my love of board games, this one will too. However, my tastes in board games has changed. The mid-weight Euro has been replaced by the ultra-dense economic genre. And that's what we are doing here.
Why are doing this? To discover new music. Also, because of the epic clusterfuck that was jingle's hangman roulette, I felt the need to re-invent the genre. I wanted to keep some gamesmanship in the game, but I also want quality submissions, and I think I figured out a way to do it. Each player acts as a company, and each company has a stock holding. As the game progresses, you will be buying and selling stock in the other player’s companies. Stocks pay dividends, which are used to buy more stock. Songs are score in two ways 1) A stack scoring that affects the stock value of the company that submitted the song, and 2) a dividend that is paid out which depends on several factors, includung the how much I like the song, how much I want to continue to check out the band, how likely I would be to discover the band otherwise, and some other factors that may come into play like making me re-evaluate my stance on the band submitted.
This sounds complicated. Have you ever met me?
Of course it is needlessly complex. If you've gotten a SS gift from me, you know what I'm talking about. Chino couldn't even follow the instructions.
What am I about to get myself into? Each player is the president of a corporation that is going to send me one song each round. A company consists of 20 shares. The president has 10 shares of their company that cannot be sold, the other 10 shares are available for trading by all players, including the company president. The shares available for trade may be acquired by any player, provided they have the funds to purchase.
The game will start with an initial stock phase, where you can choose to buy one share of three different players. You will probably want to choose the players who you think are going to do well, although you will have a chance to dispose of those shares later if you feel you made a poor choice OR if you need to trash your opponent’s stock value (more on that later)
In each round, there will be three phases: The submission phase/stock round, The operating phase, and the dividends & stock price movement phase.
Phase 1: Submission/stock round In the submission phase, you will send a song. You may also buy stock in a company if you have the funds and there are shares available, as well as sell shares in companies that you think may have peaked. When you sell shares, you collect the money of the current stock price, and then the stock price is potentially lowered, possibly hurting the player and other players owning that stock. Be warned, if you sell stock in a player, you cannot knowingly (more on that in a second) buy that player's stock in the current stock round (no arbitrage), so be wary as you might get out of a stock that is going to pay a high dividend. Songs should be submitted to me
PRIVATELY, however this is a public trading floor, and buying and selling stock is done by
posting in the thread. Selling stock causes the share price to fall by $3 per share sold. All price adjustments are made when the floor closes. If one player buys shares of a company, and another player sells shares, the purchase price will be the price after the adjustment, so the timing of announcing share purchases and sales does not matter
Phase 2: Operations Once I have all the submissions, I will post the songs submitted without stating who sent which song. Now the fun part happens - while I am listening to the songs, you may choose to augment someone else's submission. If you think it is an artist I will dig, you may choose to buy a share of that company and optionally send me a different song from the same artist that becomes part of the submission. This is done by POSTING IN THIS THREAD. No more than two people can buy a share of the song, and you
may only net a one share gain in an operating phase. You can also sell or short sell a song if you think I won't like a song relative to the other submissions, or if you think maybe that one song is the only good one an artist has. You can simply say you are shorting the submission, or if you really want to drive the point home you can tell me you are shorting the song AND send another song by the same artist which reinforces your point that the band is trash (in your opinion). If a song is submitted in the short, it is considered part of the submission. I will talk about how you pay and get paid for these transactions in a moment.
In brief, during the operations phase, you will do one of the following: A) buy as share of the song (which will be a share of a company, but you won't know which company it was until the next phase) B) short a share of one song/company, and optionally buy up to two shares) C) nothing, probably because you don't like fun or profit. You are no Ferengi.
If you buy a share, you will need to pay for it. After dividends are paid, you will have to use your balance plus what you earned in dividends to pay for the share(s) you bought. The purchase price is the price is before it is adjusted for performance. If you sell a share and you already own a share of that company, you sell the share for the price it was in the previous phase, and the stock price is decreased due to the sale. But, what if you don't have a share of the company you sold? That's called a short sale. You still get the money you would for the sale and the stock price is adjusted, but you now effectively own a negative share in that company and create another share available. When it pays dividends, you pay that dividend share instead of getting paid the dividend share. You may close a short in a future stock phase by purchasing one. However, there must be one available to buy. If there isn't, you are experiencing what is called a "short squeeze". This is a very real thing in real life – it's what caused the GameStop stock to skyrocket. If you short a poor performing song, and use that money to buy two good shares, you are coming out ahead though, so it is a risk that might be worth taking.
Phase 3: Dividends paid and stock movement: This is where I judge the songs. Dividends will be paid based on how much I enjoyed the song, bringing awareness to an artist I was not familiar with, making me reconsider an artist I had largely written off, and other minor factors that strike my fancy. Dividends are $, and $ buys you shares - or if you are an 80s Wall St. tycoon cocaine and hookers. Then, your stock price is adjusted based on a stack ranking. It is possible for a song I rank lower than another song to pay a higher dividend, but it won't be a common occurrence.
Best song of the round - $10 share increase
2nd +$8 increase
3rd +$6 increase
4th +$4 increase
5th +$2 increase
6th no change
7th -$2 decrease
8th -$4 decrease
9th -$6 decrease
10th -$8 decrease
last -$10 decrease
Each share sold decreases the price by $3 per share
I expect dividends to be between $3 and $7 per share
So, who's going to be the shrewdest, wiliest, and greediest Wall St. shark on DTF?
Topic: Doc's Roulette 4.0 Stock Shenanigans Round 1 results - Submit, buy and sell (Read 4113 times)