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New Email Preferences

Written by Mark Berger
Email preferences

With our latest software update, you can now choose which emails you wish to receive from Wall Street Survivor.

Do you love the Weekly Newsletter but find the Daily Wall post notification emails annoying? Just go to your Edit Profile page and you can select which emails to stop receiving.

Thomson price glitch this morning

Written by sgarg

This morning between 9:30 – 10:30AM, all the quote providers were giving bad stock prices for some symbols. For example, Orix Corp. (NYSE:IX) had a price of $9,999 (now at $64.64)!

Orix

Our support team will go back and look at all trades that were made in stocks with bad prices for this time period and adjust accordingly.

Best Stock Trade of the Day

Written by Mark Berger
Best trade of the Day

Due to corporate actions like name changes, splits and stock ticker changes, the accuracy of the Best Trade of the day has been spotty, at best. For example, yesterday’s Best trade (on 9/16) which displayed at the top of every page shows a $276,360 gain for REV which split 10-1 yesterday. This “Best” trade is not realistic or accurate.

While we work to fix this feature, we are going to take it down and replace it with the Weekly winner.

Trading Halted for United Airlines (UAUA) on September 8th

Written by Mark Berger

The stock of United Airlines (UAUA) had a bizarre drop yesterday — from $12.00 to one penny ($0.01) per share — due to a FALSE news story that the airline had filed for bankruptcy and was going out of business. See the chart for UAUA below:

United Airlines chart

The story was quickly picked up by search engine spiders and news wires. But before the story could be refuted, trading of the stock had been halted on the real stock markets for about 90 minutes. However, Survivors could still trade UAUA throughout the day, at prices not available in the real markets.

Several astute Survivors, most notably Aaron Leigh, took advantage of the situation, bought the stock when it was dirt cheap and proceeded to make a fortune ($4.48 million) in one day!

Unfortunately, this is not fair to other Survivors, nor is it realistic.

Therefore, we are canceling all trades of UAUA that were placed between 10:56AM and 12:27PM EST. This is the only way to fairly treat all Survivors in the game.

Further, we have used this experience to improve our trading engine and have implemented a new check before an order is placed to see if real market trading has been halted for the stock. This improvement will bring WSS even closer to the real markets by eliminating trading in halted securities and make the game more fun and valuable for everyone.

Redeem Loyalty Points for Amazon Gift Cards

Written by Mark Berger

Amazon Gift cardSoon, Survivors will be able to redeem their Loyalty Points for Amazon gift cards.

For a while now, Survivors could redeem Loyalty Points for site specific products like Real-Time Quotes and Portfolio resets. This is the first time that Points can be redeemed for stuff outside of Wall Street Survivor.

The first two denominations of Amazon Gift cards that will be offered are $5.00 (for 50,000 Loyalty Points) and $10.00 (for 100,000 Loyalty Points). If there is support for larger denominations ($20, $30, etc.) we will create those, also.

*Amazon.com is not affiliated with Wall Street Survivor and does not endorse this offer.



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