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.

Asset

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

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

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

Buying Power

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

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

Securities

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

Return

the gain or loss of a security in a particular period