The Stock Market
Define the Stock Market
ICON: The picture used to identify the company.
TICKER: The short letter symbol for the company. This is what you would type in "find stocks" if you are looking for a certain company.
OPEN: This is the price per share was at the beginning of the day (12 AM NST)
CURRENT PRICE: The price of the share at the moment. The prices change every 30 minutes.
CNG: This is how much the stock has changed since the OPEN.
QTY: The number of shares you currently own.
PAID: The amount you have paid.
MARKET VALUE: The value of the company currently. How much you would get if you sold the shares.
% CHANGE: This is the % that you are up or down on your shares.
Buying
Remember: The lowest you can buy is at 15 np (neopoints) per share. You can only buy 1000 Shares per day. So the most you can spend per day on the stock market is 15,000 np. You can split the points into multiple shares if you would like, but the best way to make a profit is to buy 1000 shares of one stock.
1. Make sure you have 15,000 np available.
2. Go to the stock market.
3. Click on "Buy"
4. Click on "Click to list" right under where it says "ticker symbol"
5. This will take you to all of the stocks that are in the Neopia stock market. What you need to pay attention to is where it says "Curr" which means what the stock is currently selling for. Scroll down until you see one that is selling for 15 np. If you don't see one selling for 15 np, check back when the stocks change. The stocks change every 30 minutes (1:00, 1:30, 2:00, 2:30, etc.)
6. Click on the ticker symbol for that stock (ie: UNIB). This will take you to the company profile.
7. Click on the company name (ie: Unis Beauty Salon). This will take you to the page to buy shares.
8. Type in 1000 next to where it says "number of shares".
9. Click "buy shares"
Now you have bought your first stock!
Selling
Remember: Some people sell at 100% profit. Some people wait until they get a 300% profit. It is all up to you. If you don't have very many neopoints, it is a wise idea to sell at a lower point. Personally, I sell anytime my stocks are at 100% or above. I never sell anything below 100%
1. Go to "My Portfolio"
2. Take a look the "% change" of all of your stocks. Are there any positive ones? Decide how much of a profit you want to make. Lets use the example below. My "% change" is at exactly 100%, meaning if I sold all of my shares of that stock, I would make a 100% profit.
3. To sell, click on the arrow button on the left next to the company icon. It should drop down and look like the picture below. This is the same stock as above. I have 2000 shares, so two boxes drop down to let me decide how many of each share I want to sell. Type in "1000" in each box.
4. Scroll down to the bottom of all of your stocks and click on "sell shares". This will take you to a page that asks you to confirm the transaction. Read it and make sure it is correct. Then confirm to make your sale.
Now, revest! If you want to!
Stock Market FAQ
Q: Do the stocks represent items sold in shops in Neopia or buyer demand?
A: No, unlike the real stock market, Neopet stocks are based purely on random change.
Q: Can stocks go bankrupt?
A: Yes, stocks in the past have gone bankrupt, but it does not happen very often. Ten stocks have went bankrupt so far.
Q: Does Neopets take a commission for selling stocks?
A Yes, Nigel the Chia (your stock broker) takes a 20 np commission.
Q: Do I always have to buy at 15 np a share?
A: No, but 15 is the lowest you can buy a share, so it is a better investment. Some people will buy at 16 or 17 if there are not any available at 15 np, but I never do because I can wait until the next day.