Here is an article from Chuck Diesel, which offers some compelling reasons that the market is actually healthy, and gives a nice tall glass of STFU to the people who are constantly whining, complaining, and bitching about volume. Especially the ones who do it in a sarcastic manner, and thus continue proving they know NOTHING about this market. Enjoy this, and think about it. Maybe those who are preaching volume to the masses will realize how stupid they sound. The key is how much money is being put into buying players, not which players. If people are only buying expensive SOIs, and laying off the cheap stuff, that might be an indicator of buying patterns.

~ChuckDiesel

Volume is a nice term to describe market activity when talking about the real market, but we are at a point now where the use of the term is misleading. Three big winners this week were GTZY, DRNT and PPRC, each of whom has a tiny amount of SOI’s outstanding compared to YAOM. The real market has thousands upon thousands of companies to balance this kind of discrepancy out, be we don’t.

I would recommend using total money spent in the market as a barometer. Multiply volume * average price for each player and add it up. Here’s what I get when I do that:

Week Ending, Money Moved (in thousands), Market Cap (in thousands)
_10/3/2008_____$261.2________$613_
10/10/2008_____$130.6________$303_
10/17/2008_____$358.2______$1,079_
10/24/2008___$1,973.1_____$10,437_
10/31/2008___$1,429.4______$8,628_
_11/7/2008_____$633.9______$5,268_
11/14/2008_____$259.1______$3,550_
11/21/2008_____$159.3______$2,617_
11/28/2008______$52.4______$1,929_
12/5/2008_______$77.4______$1,140_
12/12/2008______$65.6________$801_
12/19/2008______$92.1________$690_
12/26/2008______$13.6________$528_
__1/2/2009_______$8.9________$420_
__1/9/2009_____$119.2________$898_
_1/16/2009_____$368.4______$1,224_
_1/23/2009_____$178.3______$1,248_
_1/30/2009______$88.1________$968_
__2/6/2009______$71.8______$1,109_
__2/13/2009_____$73.2______$1,073_


So, we HAVE, in fact, seen a slight uptick in activity this week, albeit still at a relatively low level. I just think this metric is much more meaningful than volume,at this point (on a side note, we had 16875 shares moved this week compared to 17543 last week). Keep in mind also that this week we had just one IPO (DRNT) compared to two the previous week (BIGB & DIRK).

So one million shares have been traded on OneSeason in right around 2 months. Pretty amazing when you think about it. OneSeason is here to stay. They have made great changes recently in the way they communicate information to customers, as well as implementing changes that ensure the market cannot be manipulated easily. Great Job OneSeason. Here is the Article…

“Million Shares Traded on OneSeason.com!

Over 1,000,000 SOIs have been traded on OneSeason.com since the Oct. 1st launch. Users showcase their sports knowledge by acquiring and trading virtual shares of their favorite players and teams using real money, realizing market returns based on their skill.”

The $10 is STILL in effect. Get your friends and family signed up so they can grab this free $10 dollar bill. You can sign up here quick and easy, by clicking the banner to the left.