Stock Market Minimum Buying Price of $10...

I have been very interested in the stock market feature that is in Meepcraft. I invest stocks in real life, and when I found out that you can't trade stocks that are under $10, I was shocked. Some of the best stocks to buy short-term are found under $10.

I often find people saying that Facebook, Apple, Google, and Amazon and good stocks to invest, but this is not true. Those are good (except for Facebook) to buy for LONG-TERM holding. In several years, these stocks will most likely go up a lot. On MeepCraft, you will NOT be able to sell long-term stocks! It's simply is not worth it to buy stocks and sell them years later when dealing with a video game.

Short-term stock buying/selling is the only thing possible (or logical) to do on MeepCraft. Most great short-term stocks are LESS than $10. For example, let's pretend the AMZN stock costs $500. If you buy 1 AMZN stock and it goes up by $1, you make a profit of $1 with a $500 investment. That meant the stock went up 0.2%... not worth it. If the WG stock was $2 and went up $1, you make $1 with a $2 investment. That meant then stock went up 50%... WORTH IT!

Please consider my suggestions to remove the minimum buying price! Limiting the market to such an extent is disappointing.

// JB

 

I agree, we need to be able to buy penny stocks. At my school in investment club, we started out with 1 mil and I invested in Sand Ridge Energy (SD) when it was at 29 cents per share. now it is over 50 cents per share, do the math.

 

+1

 

+1

I was honestly quite shocked at this as well. I tried it for the first time today and idiotically invested in Alphabet.
Seems very reasonable, and along with the fact that no one does have time to wait long term investments.

 

This has been suggested before. by ME! lol. Unfortunately The admins want to keep it like this. It may be re looked at in the future, but no time soon. I'm with you. =[