One Newbie's Perspective

We have a OneSeason user who just joined last Tuesday. This gives him about 3 and a half days on the market. This guy is as green as Kermit the Frog. A lot of people are screaming “MOAR VOLUME, MOAR VOLUME!” and whipping themselves into a frenzy about it. After reading the below comments from a new user, it has become clear to me where we are. Deposits into the system and volume are directly proportional to the rate of market growth. We kind of knew this before, but it wasn’t ever confirmed, or spelled out clearly. Remember when you found OneSeason? Did you drop $2500 right away? Did you deposit $100 here, $100 there, and then in the massive upswing, maybe THEN drop your $1000 in? Read these comments from this new user. Thanks Wildes. Your input is extremely valuable.

Well I have only deposited a real small amount. As a small business owner(Domino’s Pizza) in this economy I don’t have much cash laying around. I was lucky enough to get 1 IPO share of Durant that I sold for a little over $9. Late yesterday I bought 1 Durant for $14 and then sold him for $16 pretty late in the evening. I have 1 share of Gretsky 1 CC and 2 King. The Kings are the only thing I’ve taken a loss on, but I hope to sit on those for awhile hoping this site continues to grow. I have enough free cash to request 3 Duncan, I did this on Durant and only got one, but I want to be able to get at least request 3. The Nation is awesome and both of the profits I made on Durant were a direct result of reading and staying up with the forums. I’ll definitely be contributing to the cause when I can.

~Wildes12

So, i just ask that you read this, and think about it heavily. What if this is the majority of new users? OneSeason is here for the long term, and low, low, small incremental growth, and 100,000 more users in the next couple years, with experiences like our friend Wildes12 had, and we’ll be right where we want to be. Huge spikes in sign up, huge spikes in volume, aren’t good for OneSeason. All of us sitting around will just cash out faster than you can blink. Then what? The market goes back to 300k? 200k? Small growth. This market is progressing exactly as it needs to. Low volume. Incremental gains. Incremental losses. Then a little more more incremental gains. Think years. Not Weeks or Month. You’ll be fine.

Lots of talk in the forums about cancelling IPO timestamps that are more than a couple minutes old. I am not, and here is why. We know that one of the things OneSeason uses to determine the maximum percentage that someone can get of an IPO is off of participation on that IPO. The market conditions are also a factor. The more people who are in the IPO, the more people who will get shares. The fewer people on the list, the higher the percentage of the shares someone can get will be. Don’t ever just assume that you are out of the game on an IPO. The longer the line, the more interest that is shown, the lower the % of shares one person can get, and there will be more total numbers of people who get the IPO.

Have you checked your account today? Odds are your account has doubled. With the combinations of reverse splits, the Boston Metro article, and an apparently glitch in the $2500 max deposit per year rule…the market is ablaze today. We’ve seen the market cap double! The forums are on FIRE today with tips, tricks, strategies, and everything else you might need to help capitalize in the current market conditions. We hope you were able to take advantage of this nice upswing!

OneSeason says “You’re Number 1″ to market manipulators!

The OneSeason Nation has been asking for changes to the Trade Order Tab for quite some time. If you haven’t checked a trade order tab for any particular player yet. Go do it now. You’ll notice that it’s changed significantly. The biggest change, that isn’t noticeable right away, is that the trade orders are no longer listed by time input, but rather price. This goes a LONG way in improving the market. Prior to this change, we had observed many market manipulation techniques. OneSeason took care of the split manipulation. Now, they have taken away another, lesser known, technique. This technique involved people putting up HUGE blocks of shares, while the market was closed. For example, Jordan is currently trading for $2.00. The manipulator would wait until the market closed, and usually about 15 minutes before the market opens the next day, he makes a trade order of 1000 shares SELL for $1.00 (or some other amount significantly lower than $2.00). The idea (which has worked in many cases) is to lure the undercutters (or panic sellers) to drop their price below the 1000 shares for $1.00. Undercutters (or people begin to panic) start selling for .99, .98, .97 cents, and 10 seconds before the market opens, manipulator pulls his sell order at the last second, and comes in and scoops up the cheap shares. Now, all of the trade orders are sorted by price, rather than time input, so when Dirtbag Donny comes through with his 1000 block order of Jordan for $1.00 (that he has NO intention of selling for, he is just going to cancel the order a minute before the market opens)….it will be right at the top of the page, and won’t move down the list as more trades are ordered. When the market opens, Donny’s trade order will magically dissappear (he cancels it), making it easier for everyone to see.

This latest move by OneSeason is a STRONG improvement in strengthening the market, and helping ensure there won’t be wild, uncalled for, swings and price rises or drops on any SOI. Kudos to OneSeason for the continued improvements.

Splitting & Reverse Splitting Changes
December 1, 2008 – 9:44 pm

We are revising the splitting mechanism (including reverse splits) to occur based on an SOI weighted average price for a period of time leading up to the close of the trading day. This is intended to balance transparency and accessibility along with scalability and prevent forced actions that do not accurately reflect trading activity.

Beginning after the close of trading hours on Friday (12/5/08), reverse splits will occur when the weighted average price for a period of time leading up to the close of the trading day is below $0.75. The SOI will reverse split at a ratio of 1:2 as necessary until the price is above $0.75.

Any fractional SOIs that are created in a reverse split can’t be traded and therefore will not be displayed although they continue to exist in your account in case a future split causes them to become a full SOI that can be traded.

Please note that splits and reverse splits do not change the Total Value or Percentage of Ownership.

Thoughts Nation?

It seems to me that they are going to base a split being necessary based off of not it’s closing price, but it’s average price based of what it has been trading at for a certain period of time on any given day?