The Car Stock Exchange: New Game from Edmunds.com

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Automotive research site Edmunds.com has taken a cue from the popularity of fantasy sports and applied it to what the site knows best: car sales. It has created what it calls the Car Stock Exchange, or CSX – an online game where members can buy and sell stock in upcoming automobiles, which is valued based on predicting the sales of particular models in the U.S. The money used in CSX exists only in the virtual world and new members receive $1,000,000 in funny money for joining. A stock price of CSX$1 equates to 1,000 units of predicted sales. Users can buy stock in vehicles, like the 2008 Smart fortwo or 2008 BMW M3, that they believe have a price below what the actual market sales numbers will illustrate. Stock can also be sold if the price increases beyond one's expectations. Currently the range of vehicle stocks available is not very wide, but IPO release dates are scheduled for more stock choices. The market software has a plethora of complex features, but the key feature of note is the prize giveaway. Yay, prizes! Each month the member with the highest percentage gain receives a reward, and a Nintendo Wii is on the line for the month of March. Edmunds gets points for a clever and original idea, and we've signed up hoping that our lunch hour will soon be supplanted by bouts of Wii Bowling.
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I've actually just started playing (using the same YSSMAN name) and I'm already in the 30th percentile (currently ranked about 450). It looks like it is going to be a lot of fun, and I'd love to see other members joining to see how you do. I'm not sure if we can create individual leagues yet, but if its the case, I'll try to make a GTP league.

CLICK HERE TO JOIN-UP!
 
Yeah, I signed up this morning. I don’t really understand something though – are the models under the “Stocks” link the only ones you can buy?
 
Yes, thats the current trend. There are four or five more cars coming down the pipe in a few weeks (X6, Aveo5, Tiguan, etc), but I think it would be a bit too complicated to do one of everything.

I put a fair amount of money on my typical cars (Pontiac G8 and the like), and oddly enough chose to bet against the Corolla. When I first logged on, it was rated at $700 a share... I'm shorting it at a much, much lower price...
 
Well, I managed to miss this thread. :dunce:

I've signed up. I wasn't able to sell my Corolla shares, and I lost approximatley 50 grand. :grumpy:
 
Jeebus, I hope I don’t become a day trader… it’s too tempting…
 
Well, I've already lost $64,000 today. I bought too many of them too high, I should have shorted every damn one of 'em.

The only one making me money?

Shorting the Toyota Corolla.
 
Shorting the Corolla is actually my biggest money loser right now. :lol:

I’m getting really confused though, because they’re using a weird formulation for the shorting thing. It’s explained here, but I’m not sure I geddit.
 
Yeah, me too. There were some over-valued cars, but several of the ones that I bought I thought were severely under-valued. I don't get it...
 
Audi A5 (AUA5)Audi A5 (AUA5)
CSX $84.22 3117 CSX $262,513.74 CSX $6,732.72
Honda Pilot (PILT)Honda Pilot (PILT)
CSX $84.11 1210 CSX $101,773.10 CSX $6,050.00
Pontiac G8 (PTG8)Pontiac G8 (PTG8)
CSX $87.27 3033 CSX $264,689.91 CSX $11,737.71
Saturn Astra (ASTR)Saturn Astra (ASTR)
CSX $88.08 2500 CSX $220,200.00 CSX $21,350.00
Subaru Impreza WRX STI (WRXS)Subaru Impreza WRX STI (WRXS)
CSX $79.41 2500 CSX $198,525.00 CSX $11,700.00

Yes, I have 25% shares in the G8 and Audi A5. Might max the Astra as well if it drops.

(BTW, I only have 56 dollars to spend)
 
I'll have to look into this more tomorrow when I'm more awake and give it a shot. Any word on a GTP group yet?
 
Gah! Stupid Lexus LX 570 is costing me money damn it. Err I mean jeez that Lexus LX570 is the best stock evah! ****Hot Tip: Buy Lexus LX570****

Is there anything that says you can't "pump & dump"? :lol:
 
I bought some Astra, Lancer Evolution X and did a short on the Dodge Journey. I have no idea what I'm doing though, is this at all related to how well the products do in real life, or just how many people buy and sell the particular stocks?
 
The volatility of the Corolla stock is driving me insane – one moment it was making me $60,000, and literally a second later it was costing me $20,000.
 
I've managed to regain $20K so far today... Shorting the Corolla seems like I made the right choice.

Oooh, and the Clubman is making me money as well? YES!
 
I know I should just short the Corolla right now and sit on it until the 6 months are up (since it’s physically impossible that Toyota will make as many as the price reflects right now), but, jeebus, six months…
 
Sold my Pilot stocks to grab some more Scoobie. (It's down right now, so it's the time to buy)

Astra is high as hell, as is the G8.
 
Shorting is the way to go as long as the prices are still artificially inflated. All of my stocks are shorted right now, and are worth about $300,000. :D And the nice thing about shorting is that even if the other players start dicking around with the prices, the prices will be set to the correct amounts after 6 months. So, if other players work to your favor in the short term, you can cover your shorts, or if they screw up your pricing, you can wait until the 6 months comes up.
 

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