@Yellow I could give loads of reasons for a pump but can’t be arsed to write a novel about it
That's a shame, I was so looking forward to Mazza-magic's memoirs.
@Yellow I don’t suppose you can copy or repeat the advice given back then on pumping please?
What I meant is that I remember people giving advice that explained how a player's price was determined by dividends, and people explained how certain players fit the scoring matrix well. It wasn't that people were talking about pumping necessarily, just that when they pumped they were more likely to provide reasoning why...unlike now where it feels like a lot of pumping is done without any reference to dividends whatsoever.
Basically the why is the important thing, and people seem less likely to point that out nowadays.
The sceptic in me sees this as a ploy by Banega to get a new contract at Sevilla.
He is the best player in that team by a mile and everything revolves around him.
He only has 1 year left on his contract and is 31 years old later this month.
Maybe he is trying to get an extra year from Sevilla added to his contract.
Still, a big risk.
If he goes to Boca or Gala, its FI graveyard time.
I held off getting Banega because I saw the rumours, but if your sceptical side is right and he ends up signing for another year at Sevilla then it's going to be a mad rush to get on him at his current price.
I hope he's staying because I've likely got another deposit to make soon and I wouldn't hesitate at that price.
It all boils down to we all want other people to buy our players to push the share price up.
If you find a hidden gem & buy the quota what you are happy with, what's the harm in alerting others to their potential?
It's no good keeping them the best kept secret in football is there? You want others to research him & buy into him as it's in your interest.
You don't force people to buy, you just give the forum readers a nudge & let them make up their own mind.
I see no issue with pumps. You read them & make your own call. If you can't stand them - don't read them. 👌
I don't agree with the pumps on the risers list as they are attempts to burn the "new" users - but the rest I can live with, as long as the same users don't continue to make countless posts on the same person. That's spamming.... & I don't agree with that.
You're right, and maybe I didn't make my point that clearly.
I see nothing wrong with pumping when it's done in the right way. For example, I'm a fan of the 'golden oldies' and have been talking up some of the older, less fashionable players for a while, but I try and chuck facts in there (good PB because he takes corners, good base PB as his team have a lot of possession...won PB divs last season, good MB because the press hate him etc).
It's the lazy pumping that really gets me - the 'he's a great player, get on the train now!' sort of thing. No insight into why he might be good for PB, MB etc, just lazy pumping that people do to get the price up for their own benefit. And of course, as you say, those that repeatedly push the same player. I find those especially annoying as they continuously fail to mention why they're worth anything.
Well researched pumps should be welcomed, and I think it's good if they then lead to a bit of healthy debate on a player's value - we're all guilty of being biased to certain players so it's good to get another perspective. It's the lazy, self serving pumpers that I was aiming my self righteous whine at.
Some of us pump from time to time, and some do it more than others. When I was first on this forum just over a year ago, I was always very grateful to the more experienced members who took the time out to explain why players are a good purchase. I had read the rules but I was always grateful for explanations of how these worked in practice. I got burnt by a pump and dump once and people on here were taking the time to explain why, and since then I've never been burnt again. It's that sort of community that meant I stuck around. The helpful people on here also pointed out certain players have a track record of winning MB and/or PB, how and why they suited the scoring matrixes, and how other players could potentially in the future.
Of course a lot of those people are still on here now, and since then the index has exploded. With that there are loads of new traders on here and it's a great thing for all of us - more liquidity is a good thing. But some of the pumping that goes on on here now is shameful. It's obvious that some people are only trying to inflate a price to take the money and run, and my concern is that some users won't stick around long if they experience this.
The only reason any player on FI is worth anything is because of the dividends they potentially earn in the future, so when you're pumping, please make some reference to this at some point.
I'm very grateful for FI, it's been brilliant fun for me and I chucked another £2k in just yesterday. It's an amazing product and I take satisfaction from knowing that when I have made a mistake and 'lost' money, that a chunk of that money is going to another trader like me.
There are enough online bookies and casinos out there trying to take punters pants down and run off with the swag, please, let's not do it to one another.
when learning the ropes here I have heard the comment that people don’t IS because of commission.
It states that there is a flat 2% rate plus a minimum of 1p.
Am I missing something?
As others have said, you pay the 2% commission regardless. You should avoid using IS because of the spread - if you look at the difference between buy price and IS on some of the more expensive players then you will see you can be missing out on quite a lot by IS-ing.
For example, if you hold Pogba and sell to market you'll currently get £7.22 for him (less 2%), if you IS you'll only get £6.91 (less 2%).
Must of traded your bergwijns in have ya
To be fair he's repeatedly pumped Richarlison so at least it's consistent. I always enjoy the 'could be this price soon' argument with absolutely no reasoning for why.
@Zola25 care to enlighten us why these player's prices will be rising? Do you think they'll be winning lots of MB and PB? Do you think they represent the best % rises on the entire index between now and 6 months from now?
I said to get rid of game winning goal. I didn't go into lots of detail but my thought process is that it's worth another 40 points, which is the joint highest points for anything. Therefore PB is often won by whoever happens to score the GWG, which is impossible to predict.
@Yellow Some sort of lottery system with pre purchase.
Example. XXXX will be on the market starting at 50p. How many shares would you like and up to what price?
So you could say, i would like 100 shares and up to a price of 60p.
Everybody would get the same opportunity, so like a raffle/lottery if you were pulled out first then you would get your 100 shares at 50p, then the next name and the next etc.
Obviously that would require a lot of software and would require a lot of trust in the FI staff. I mean whats to stop them putting their name at the top of the list. Then again whats stopping them being first on every IPO since the site launched its not like they are regulated.
Yes, in practice I'm not sure how exactly it could work and appreciate that it may not be viable to do that for FI, but basically the general gist is I would like to see researchers rewarded somehow. I can't be bothered to research just so a greedy person with a clever bit of software can profit.
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