Any driver that is at least 14 days old in the game and has logged at least 10,000 miles can purchase company stocks. Stocks allow you to play the market and invest your money into the various companies in the game. The current stock value calculation is:

(Money ÷ 100) + (Terminals x 25) + (Active Members ÷ 10)

If you buy or sell stocks from a company for any amount you may not buy or sell stocks again from that company until the next day.

Stocks are no longer part of the game.

WHat's the difference between public and private stock ? <_<

Merci

thats wat i wanna know :ph43r:

im going to take a guess and say that public stock can be bought by anyone, and private stock may only be bought by players within that company.

Correct! (within the minimun requirements) B)

does any one know if the stocks are like in RL? (when one person buys 51 percent of the stock, the can overrun the company)? :blink:

No. Stocks do not work that way in this game. The CEO retains control of the company unless he decides to step down or retire.

*anchova dumps his 30,000 shares in Canadian Freightways and walks off cursing.

What happens when you leave a company - do you retain your private stock that was acquired when you were there?

If you wanted to, could you just join a company, buy stock, leave, repeat?

Does the money from stock sales go into the company funds?

In Trukz, yes.

I bought stocks for the company that I own twice. Now I just went to buy another one, and it says I have to enter in an amount greater than $0.00 even though I entered in $200.

It could be that you've already bought stocks from that company today or that you don't have enough money "in pocket" to buy. Money in the bank, but not "in pocket" might cause the problem you're seeing.... :)


-cd

Update for the OP:

I have the money in pocket. I guess it's because I bought it at like 12:30 or something.

Yeah that sounds like the cause then. I learned that too on my first day... Had a lotta cash I was about to pump into my company stock... then hit that $0.00 thing. :(


-cd

Yea it really sucks, but makes sense in a way I guess.

I dont know where I heard it but cant you only sell like $500 worth a day?

Or just at 1 time?

EDIT: I found the thread.

how does selling stock work, i just go enter the negative amount and i get that money in my pocket or something?

i think so, i'm not gonna sell any of my stock atm though

thats how bank withdrawals in cybercitizens and selling infra in cn works

Yes. You can input any number up to -500 per day, per company (assuming you've got that much worth of a company's stock already). :)


-cd

What is the difference between:

Company Stock
Public Stock
Private Stock

I am really lookin for the the Private vs Company but they all should be defined.

Company Stock - Only company members can buy
Public Stock - Everyone can buy
Private Stock - No-one can buy

I be lieve private stock means only the CEO and possibly management in that company can invest in the stocks.

What does that mean? How can you have stock that nobody can buy?

With private stock only - only CEO can buy the stock
With company stock only - only company members can buy the stock
With public stock - anybody can buy the stock

Does that clear things up for you Mater?
:explosion:

Perfect

Private means that the company is not issuing any stock at all. Company means that the stock can only be bought by members of that company.


Edit: Sorry, I did not see that the question was already answered. :unsure:

I really think that terminals need to be weighed differently. They should count as their sell value and that be added to the money. Terminals really are just cash in non-liquid for, but it only takes a second to change it. Seeing as terminal sell values are 75 percent of their purchase value, this would still drop the stock price, but not as steeply as it does now.

I'm with you on this one Lynks

(T x 1.5 x 5,000 / Members) + ( Money / 1,000)

Even though I know the terminal Cost goes up substansially, but the actual Value would drop as the Terminals got older anyways. So I figure that this would be a fairly close aproximation, and brings everyoones Share values down to an appropriate level. What really is going to be a problem, is if you change the Formula, and values all go dow across the board, people are going to be pissed. You will have to make sure that when you do this, everyone is given stock to make up for the Change in the Formula...

i need help i dont understand the concept like i bought 500 and now how do i make money off of them and how do i sell them back?

No offence but like how old are you? It is just like the real life Dow Jones Industrial. Or Nasdek

Entering 500 as a positive number buys stock in a company. You're only allowed to buy a maximum of $500 each day from each company. If you bought a company's stock today you'll have to wait until tomorrow to buy or sell more.

Entering 500 as a negative number sells that amount of stock you have in a company. You're only allowed to sell a maxium of $500 each day for each company. If you sold a company's stock today you'll have to wait until tomorrow to sell or buy more.

The concept of making money on stocks is to buy it when it is cheap and then sell it later when it grows in value. If you look at Lynks, he's "stock rich" but monetarily poor. It would take him 602 days to sell his current amount of stock because of the $500 a day limit. That must suck to be honest.

How does buying stocks translate into earning money, or does it? I don't understand how that formula can possibly make anyone profit.

Edit: Didn't see the post above, however I don't feel it answers my question.

You buy stocks in a company. When the company earns money, you now earn money. If the company loses money, you lose money. Your stocks are tied to the company's value. If the company has to low a collection rate, or weak drivers, or too high a fuel discount/wage payouts, the company will lose money. But if they have drivers that take smart, productive routes, are on a contract for big bucks, and have more balanced collection vs. discount payouts, the company will steadily make money.

Any help?

I've been pumping 500 dollars a day into my company for a while (to help the company out, not to make money) but I'm afraid of letting my driver's account lapse. If my account lapses, and my stock "disappears," does my company lose the money? With the current value of my stock, I would bankrupt the company should this happen. Is there someway to cede my shares back to the company without forcing the company to give me the cash?

It should actually be in between, be 87.5% of the purchase cost because when you buy a terminal, it's true that it will cost money to liquidate, but there is also the promise of gaining future value out of the investment, whereas a sold terminal (cash in hand) will count as 75% of the purchase value because it's the liquidated terminal but without the added value of increased future income.

I don't think Trukz sells your stocks when your account gets deleted, they just erase your records. It's the same as when a company gets liquidated (deleted), investors just lose all the funds.

Besides, it takes 30 days to get your account removed for inactivity, it's not like all inactive members get removed right away.

(T x 1.5 x 5,000 / Members)

As company's membership increases, their stock price decreases? This formula is completely wrong. 1-member, 1-terminal company will have a stock price of $7500, company with 3 terminals and 100 members will have a stock price of $225.