IPO (Initial Public Offering)

Bear Market

A market condition in which the prices of securities are falling, and widespread pessimism causes the negative sentiment to be self-sustaining. As investors anticipate losses selling continues, pessimism only grows.

Portfolio

A record of all transactions, activity, and stock positions of a team. It is typically updated daily.

Bid

An offer made by an investor, a trader or a dealer to buy a security

Bull Market

Characterized by optimism, investor confidence and expectations that strong results will contiue.

Cash Balance

The amount of cash left from the initial $100,000

Available Equity

The amount of equity available for supporting additional buy and short sell transactions.

Quote (Stock Quote)

The last price at which a security or commodity traded, meaning the most recent price on which a buyer and seller agreed and at which some amount of the asset was transacted.

Total Equity

The net value of a team portfolio

Buying Power

The total amount of money available for stock purchases and short sales when fully extended on margin.

Securities

a financial instrument that represents an ownership position in a publicly-traded corporation, or rights to ownership as represented by an option.

Asset

A resource with economic value that an individual, corporation or country owns or controls with the expectation that it will provide future benefit.

Percent Return

The percent gained or lost in the team's portfolio since the beginning of the SMG session. Percent Return: Net Equity Gain/$100,000

IPO (Initial Public Offering)

When a company switches from being privately owned to publicly owned (or "goes public"), the initial offering of stock for sale is called an IPO

Return

the gain or loss of a security in a particular period