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1860: Railways on the Isle of Wight» Forums » Rules

Subject: Selling Multiple Shares rss

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Nate Milbrath
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Blaine
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I just had a quick question, but I'm unsure of how selling shares drops stock value. So for example, I have 3 shares of C&N valued at £90. I decide to sell all 3 on my turn in the stock round. What happens?

1. The stock price drops to £86.
2. The stock price drops to £78.

I'm guessing 2 is correct, but I just wanted to double check. Also, I would get £270 since when I sold them they were valued at £90, correct?
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Mike Hutton
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pickboy87 wrote:
I just had a quick question, but I'm unsure of how selling shares drops stock value. So for example, I have 3 shares of C&N valued at £90. I decide to sell all 3 on my turn in the stock round. What happens?

1. The stock price drops to £86.
2. The stock price drops to £78.

I'm guessing 2 is correct, but I just wanted to double check. Also, I would get £270 since when I sold them they were valued at £90, correct?
Correct on both counts.

Mike.
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calvin chow
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Revisiting this thread for a clarification...

The rules say:
Quote:
Shares worth less than 40, or more than 150, are in “red letter” zones. When shares of a company with a share price in these zones are sold, the first share sold has no effect on the share price. For example, if Bill sells 3 shares that are worth £182, the share price drops two places (instead of three), to £166. When a player sells more than one share in a single company on a single turn, these shares are always counted as being sold at the same time in a single transaction. In this way, Bill may not sell his three shares as three separate sales and so avoid causing the share price to drop.
Just to clarify, could Bill make three separate one-share sales on subsequent turns to avoid the price drop? The "single turn" language seems to imply that, but I wanted to check and make sure...
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Yes, Bill could do that.
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