Better late than never, the B1G Stock Market Game returns for week 6 action. Things are seemingly evening out a bit, as the Delaney Index remains exactly the same at $526DD. No team enjoyed double digit gains, and only Maryland (-12.3%) were double digit losers. 10 of Maryland’s 13 outstanding shares can be found in the bottom 4 of the standings, really a testament to the dedication of our turtle friends. Illinois (-9.6%) did the worst they could, but after a while you just run out of downward mobility. On the opposite side, Wisconsin (+7.9%) is in the midst of quite a resurgence. Sure would be a shame if Army, uh, torpedoed that momentum.
Now for the fun part. Iowa (-0.8%) defeated Penn State (+0.8%), but The Formula thrives on booing HOKS.
- Start with an initial investment equal to the average of all current investors. This week, that’s 526 Delaney Dollars ($526DD).
- Select team stocks to buy.
- After the week’s games, sell, hold, and/or buy for the next week.
- Max number of any one team’s shares that you can own is 50.
- The game pays a 10% dividend of current prices in weeks 4, 7, 10, and 13 for all shares you’ve held for three consecutive weeks.
Team stock value comes from Teamrankings.com. The value of each team is the inverse of their current rating (out of 130 FBS teams), so team #2 costs $129, #6 costs $125, #129 costs $2.
What Teams Should I Invest In?
Buy low, sell high. Or vice versa. Buy shares of your own team, or feel all greasy by buying shares of your rival. While nobody can perfectly predict The Formula, team ratings are pretty much based on their game results, their opponents, and their opponents’ opponents.
Some players diversify, and others go heavy on one stock. You’ll find your niche. If you don’t like the dartboard method, you may want to check out Dead Read’s B1G Stock Report.
So what do we think? Has any of Maryland, Northwestern (NO CHANGE) or Purdue (-5.8%) hit their actual bottom, or will they get out the heavy machinery and really start digging? Can any of them afford to get Bruce Willis and his band of drilling misfits to hit the 800 foot mark? Should you buy Rutger (+1.4%)? Good luck with that.
Reminder, dividends get paid in Week 7.
The opening bell has rung, here are this week’s stock prices:
Get your buys in by ****6pm Best Time Zone Thursday night.**** And remember, greed is good.