Wednesday, October 8, 2008

No Worries!


Just to let everyone know we are looking to add a new feature. I am sorry that no new post was posted today but we are looking to add a live jock trader show. We are in the process of testing the system to make sure everything will work. Stay tune......

You can help by sending your request on what you want to hear. I will try and get someone from OneSeason to come on and give us some background on how this all got started. I also will be talking to other who are in the process of creating another applications that we will be able to use with OneSeason.  A lot of good stuff is just around the corner. 


Tuesday, October 7, 2008

NO IPO FOR YOU!


 
 OneSeason.com has started to cut back on IPO releases. This is not a bad thing and will help stabilize the market until the site gets flooded with more investors. Oh, it will become flooded. 
I have been reading the message boards and yes there are some people crying "Pyramid Scheme" "The sky is falling" and others that just don't understand how things
work. 

First off let me lay down a couple of rules: 
1st) If you live in a van down by the river you shouldn't be spending you money here. Ok Digangi96
2nd) This site is for fun, if you make a couple of bucks so be it. But remember it's not E-Trade. 
3rd) If you wake up in the middle of the night in a cold sweat because your sportfolio went down 20%  then your in the wrong place. 
4th) If you like trading sport cards, playing Fantasy Football or just like sports in general then you are in the right place. 
5th) If working the numbers and trying to find great buys that could become a profit, your in the right place. 
6th) If you have any common scenes and understand that every business has the "try" and turn a profit then you'll understand why OneSeason does what it needs to do. 

If you can remember some of these simple rules you'll be fine. If on the other hand you missed your Doctors appointment because you knew he was going to up your Prozack you may want to turn our computer off. 

Monday, October 6, 2008

OneSeason steps up and answers the questions!


I never thought that OneSeason.com would respond to my question so fast but they did and offered to keep us informed. Here is the actual email and OneSeason response. 

We are thrilled to hear that you have created a blog to help OneSeason users. we still have a LOT of cleaning-up items and features to add but would be happy to answer your questions (in fact we added one!)

1) Late e-mails and real time communications? We are working to improve the messaging (emails) as we are aware that some of them are not being received in a timely manner. We are also creating a company blog to help communicate with users.
2) Top Trader board, Why is it down and will it be back up? We took down the Top trader Board as it was not calculating correctly which was the cause for some of the outrageous numbers displayed. This should be back up shortly.

3)Will there be a Form Manager? Question needed to be clarified. Right now there is not because our users are doing a good job of answering questions for us. But we may decide there is a need for one later.

4) What are some of the things that OneSeason is considering or working on? As mentioned above, we have a lot of clean-up items as well as features to add. Stay tuned :)

5) Will you ever show the true number of user and why / why not?  We have received a lot of requests for this feature and it's something that we are discussing internally. 

6)Why do you have a thirty day hold on funds transferred out of OneSeason?  This is a fraud prevention feature and only applies from the time of your transfer into OneSeason.  My guess on this has to do with money laundering. IMO

Thank you for again for your thoughtful questions. We look forward to providing you with service we can be proud of.
Best Regards, 
The OneSeason Team!

Well kids there you have it. It maybe what you wanted to hear or maybe it isn't. Either way you look at it I feel they are on top of things and willing to do what it takes to make this site a great place to trade.  I hope that when they release new feature that I will be able to get the inside line and help in making everyone have a better understanding of what is going on. 

PowerBroker

New IPO's and maybe some changes???




Todays IPO's include, Brandon Marshall (BMAR), Alexander Ovechkin  (ALOV)  & Reggie Bush (BUSH) All are schedule to be release today at 12:00 p.m. eastern. What is interesting is the next set of IPO's have a date of 10/8 for their release. This may mean the people at OneSeason are changing the amount of IPO's released during the week. I think this will help in controlling the amount of stock in proportion to the amount of investors. 

I am hearing some express frustration about getting IPO's. Here are the rules: 
IPO Process is determined by a formula consisting of: time priority (first come first served), amount of live time spent on the site and number of trades made. Another question I have been asked is how long after a IPO is announced does it last. Days? Hours? Minutes? My best guess is the traders on this site are sitting and waiting for the IPO requested and are probably gone within minutes. That being said I have receive 3 different IPO's and judging from comparing time stamps I was a late to the party by more then 10 minutes and still received some of my requested shares. Not all but some. So if you are still looking to get a hold of some IPO's be patient and be persistent. It will eventually pay off.


PowerBroker


Market takes a dump


If any of you were like me and have several SOI's in your sportfolio you saw red across the board. There was only one SOI that remained in the positive (KGAR). Even recent IPO CROS was down almost 40%. What's the deal? How did we go from IPO's that shot up over 1000% in their opening hours to buying AROD below the IPO price. (last trade, $4.25)  

Opinions are like a** h****, we all have them butt heres mind. I would think that Oneseason will continue to tweak the system. Two areas IMO would be 7 day per week per trading and always releasing 3 IPO's per day. First trading 7 days per week. Although this was the first weekend of trading volume seem to be way down. People are doing to much and many of you that I have talked to told me the same thing. "I don't have time to watch it on the weekend". The second area is releasing 3 IPO's per day. I think this has to be based on the amount of people joining the site. It's simple rule of numbers. If you have more stock then people buying it will drive the price way down. 
 Remember this is all speculation on my part. I do not have the inside lines on anything. I'm just a investor like all of you. However we can all follow simple rules of investing. Buy & Hold. If you are looking to buy a stock (SOI) it may be because you think the player will increase in value or maybe it's just your favorite player. Either way you only realize the loss if you sell the stock below your original investment. If it was worth buying in the first place, hold on to it.  Remember this is for fun. It kind of reminds me of baseball or football cards. Chances are we have some stuff away in a shoe box somewhere waiting for the day we can use them to buy the sports car.........  yea right. 

PowerBroker

Sunday, October 5, 2008

Todays IPO's



Today, Sunday 10/5 will see the release of three more IPO's. 
Kevin Garnett (KGAR), Chris PAul (PAUL), Manny Ramires (MANY)
As I stated in the other post Oneseason will fine tune the way they do things over the next couple of months. One example is IPO release times. The first couple were released at 9:00 a.m. eastern time. Not so good for the west coast. They now are releasing them at 12:00 p.m. They have also increased the amount of shares released. 
If you are wonder weather or not to buy these IPO's in my opinion it's a Bull market, Buy, Buy, Buy. With so many people just hearing about this there is a scramble to get in on any stock that you can. IPO's are the best investment on the market as they are released at only $5.  I'm sure there will be a time when the market starts to settle and realize the true value of the stock but for now it's full steam head. You will see more and more news about OneSeason coming out over the next several months. This is good news to you if your reading about it now. That means you are already in the game and hopefully buying some stock.

We will talk about how IPO's are issued on the next post. 

Happy Trading, 

PowerBroker 

Saturday, October 4, 2008

Is This For Real


OneSeason.com just finished its first week in business. If any of you are like me you have been glued to the computer screen.  We are all waiting to see if we were lucky enough to get some of those IPO's that get issued each day. ( 3 Initial Player Offerings are issued each day for $5) 

This kind of reminds me of the good old days when everyone was buying .com stock and watching it go up, up and up. Today is the first day in my three day experience that I have seen any player in red going across the ticker. I believe this is due to being a weekend. This is the first weekend day and I would bet that OneSeason will fine tune several things in the upcoming weeks to make trading even better. 

We will try to update this blog everyday  (in the beginning) to help people become more familiar with how this site works and to help you make some great trades. 

If anyone wants to see a particular topic or has a question that you think everyone will benefit from let us here it.  

If you new to the site here is a great article from Marketwire.com  Click Here

by;  PowerBroker