http://forum.inklingmarkets.com/forums/2/topics/94 en-us 60 <p>Thanks!</p> Tue, 06 Nov 2007 17:12:55 -0000 forum.inklingmarkets.com:2:94:285 mvguy http://forum.inklingmarkets.com/forums/2/topics/94 <p>1. Correct, assuming you are talking about how much you earn when the market is finally cashed out at $53 a share.</p> <p>2. There is no upper limit. You are in trouble. :) Your account is going to go into negative territory if you can&#8217;t afford to buy back the stocks at a high price. You are going to have to beg for more inkles.</p> <p>3. That&#8217;s right. A dollar equals another day. And they function like the other numerical markets otherwise.</p> Tue, 30 Oct 2007 05:02:36 -0000 forum.inklingmarkets.com:2:94:281 nate http://forum.inklingmarkets.com/forums/2/topics/94 <p>The directions for the predict-a-number market aren&#8217;t entirely clear to me. So I have just three simple questions:</p> <p>1. How much do you earn? I&#8217;m assuming if that (for example) it&#8217;s a predict-the-widget-price market, and I buy 10 shares at $43 a share, and the price goes up to $53, I earn $100. Is that correct?</p> <p>2. My main question: How does this work for selling short? Suppose shares are priced at $43 a share, and I feel the price will go down. But then the price goes up to $1,000. How much do I lose? $953 per share? Where does the money come from? I understand, and correct me if I&#8217;m wrong, that in a yes-no market, for example, selling short at $43 is the mathematical equivalent of buying the opposite result for $57. But how does that work on a market where there&#8217;s no upper limit? Or is there?</p> <p>3. Do the predict-the-date markets work in the same way? Does a day count as a dollar, or what?</p> <p>Thanks!</p> Tue, 30 Oct 2007 03:45:16 -0000 forum.inklingmarkets.com:2:94:279 mvguy http://forum.inklingmarkets.com/forums/2/topics/94