Check out the “Virtual Ban, Real Problems” article on WSJ.com’s Marketbeat blog featuring UpDown.com and contributions from UpDown members NoProblem, ofekutd, magician24712, and Summer Student Contest Winner YowcephH!
Brendan
UpDown Team
Check out the Stock Trading Meets Fantasy Football post on CNN.com’s SciTechBlog about UpDown.com and how the financial crisis has inspired many people to develop their own investing skills on the site!
Brendan
UpDown Team
We want to let everyone know that we are working on lifting the short-selling ban right now. You will be able to sell-short as you please starting at market open tomorrow. Please let us know if you have any additional questions.
The UpDown Team
With the election season upon us, we thought it would be fun to form Updown.com online investment groups for Democrats and Republicans to see who the better investors are. The intention of the groups is to invest a portfolio according to the principles and policies of each party, and see which ends up with higher return.
So far the Republicans are up slightly. The race is as tight as Obama vs. McCain.
If you’re interested in joining, follow these links for the groups:
Demoratic Party Investing Group
Republican Party Investing Group
Joe Ranft, VP Product & Design, My UpDown Profile
Just when we thought the government had said, “Enough is enough,” it goes and takes over AIG in an $85 billion bailout. What does this mean for our financial system and capitalism in general? To begin to answer this question, check out this discussion on “bailout capitalism” from Seeking Alpha.
Brendan
UpDown Team
What a day to start the contest! As dark as today was for Wall Street, there were many great investors who still found a way to make a lot of money. Here are the students who best navigated this stormy day:
Lehman is bankrupt. Merrill is sold. What’s next? Check out the front page of The Wall Street Journal, if you haven’t done so already, to stay updated on everything happening on this most anxious of Monday mornings as the US financial system is “shaken to its core.”
Brendan
UpDown Team
