Why it's difficult having a highly successful and popular stock on Empire Avenue
As someone who has now done investment management for three tickers which have had hugely successful first days on Empire Avenue (150+ shareholders in the first day on each of (e)EAVSHARES (e)XBAR (now deleted) and (e)XPNDAPALOOZA ) I thought I'd take a minute to write about the experience of this and how it affects one's ability to invest in shareholders, due perhaps to a lack of understanding of the price of celebrity on Empire Avenue in some quarters. Some people may find it insulting that the (e)XPNDAPALOOZA account has only invested back in them for 1 share, for example.
First, let's take a look at a more normal entry into the game. On day one, you get perhaps 20 shareholders and sell a maximum of 4K shares. This is likely to be one of your best days, since you are only on the new arrivals page once and you are full of promise. You get 50% of the proceeds from all buys of your stock, which gives you maybe 20K eaves to invest in others, so you do it a little bit at a time, perhaps maxing out 1 or two players a day and buying in small quantities into some of your investors as a way to say thank you. Each day, for the next month you get daily dividends from your investments and activity earnings from activity and achievements and if you trade stocks out of your portfolio hopefully you make some profits. So, at the end of a month or two, you have built up perhaps a million in wealth and perhaps 200 shareholders own in you to the tune of say 22K shares. For each share you sell you're still getting 40% of the proceeds. Hopefully, you own more than one share in each of your investors after 2 months in the game.
Now, let's look at the celebrity situation. In your first day in the game, you have 150+ shareholders, most of whom own maximum amounts of your shares because they think you're a good investment. In the particular case of (e)XPNDAPALOOZA many of them bought 500 shares at a price of under 17e. Any share sales over 20K, you only see 40% of the eaves. Any over 30K, 30% any over 40K, 20% and any over 50K you only see 10% of the eaves spent. (e)XPNDAPALOOZA sold 50K shares within the first 24 hours of becoming a hotly traded stock, which means every investment since that time has given us 10% of whatever you paid in order to thank you. Four days or so worth of dividends have brought in maybe another 50K eaves. Achievements have brought in a few more. As part of the (e)XPNDAPALOOZA event, the account paid forward 500K eaves in savings + nearly that much again from new investors to try to invest in those who had the fewest number of stocks sold so far and who were participating in the event. We probably didn't get to all of you, hopefully some others did.
Now, we have 500 shareholders and about 13K new eaves from dividends per day arriving into the account + 10% of whatever new investments we get. One person is doing pretty much all of the investing on this account as well as most of the shouts, in addition to trying to manage a couple of other accounts. So yes, we know there are some shareholders who we still only own one share in after 4 days or so. If you really still feel slighted by this after reading this explanatory blog post, we suggest you take your presumably massive profits from investing and invest elsewhere. Actually, we don't recommend it because NONE of our top 5 network scores are anywhere near their peak levels, so you can expect further growth.
Hope this all now makes more sense. If you haven't been on the inside of playing a "celebrity" account, you probably don't know what it's like to try to respond to hundreds of buy and shout notifications in a day or to try to make sure that you own even just one share in each of your 500+ shareholders...
