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at least leave the alt x shares out of the game

Manipulation is possible.

Selco has buyers at 17 and sellers at 44.
Bid   17
Bid volume   154880
Offer   44
Offer volume   8444
All trading data is 15 minutes delayed

So I go to the jse and buy a few selco at 44 and them offer them for sale at 18.

I then join the game and Buy 2.7m selco at 18, as quoted on the jse.

I go back to the jse and buy my few selco at 18 and a few at the next offer which is 44.

Back at the game my R500 000 becomes R1.22m , 244% growth. But in reality I can only sell 154880 of them at 17c

Quote from: tgg78703 on May 08, 2013, 07:09:18 am

a penny share that hardly trades?

A very strange trade was taken. The share was on 2c, and someone bought 5000 shares at 3c. Why on earth would anyone spend R150 on a penny share when the fees would be just about as much. I can't imagine someone would do that just to get to the top of the leaderboard, but you never know I guess, maybe they have some money riding on a personal challenge...

Thoughts on how to deal with cases like this?

Close out value of shares at end should be what the last buyer is prepared to pay and not last sale
that will bring the value of tcs down to 1c a share and not 3 cents. There is usually a big value diff between buy and sell in penny shares or less traded shares.  I bought the 5000 shares for fun, will sometime sell them for 1c 

I can buy a new 4x4 or a new KTM 1190, but that would not be half as much fun riding as just being in the market.Never mind beating it.

But then how do you propose beating the market, the market is the market and you are buying into it. You can buy certain shares that will grow more than the market average , but in those shares you bought that is what the market grew. so if you want to beat the market you have to invest elsewhere that will give better returns

Maybe you should consider a sell option, any prudent investor will get out of the market if the tide turns and we have a 2009 all over. Or a certain sector that  is invested in makes a major dive.

The competition is only till december so it not like it is actually investing long term. You have long term shares , medium term shares and short term shares. For investor status  you will have to run it for 5 years.

Allow one sell of total holding in a share.

Also a thing to consider is the diff between buying and selling price. There are some shares that have almost a 10% diff. So I would suggest is that when your competition closes all investors are allocated the last price they could sell their shares for and not the last trade price. There are some small caps bought that be manipulated