sugarvalves [1963573] —
Original article
Stock prices set to change more frequently. Instant stock sales, benefit block stacking enabled. Dividends and benefit block amounts adjusted for most companies. New honors released.
Torn City’s Stock Exchange has finally reopened after its self-imposed shutdown ended today at 2 pm. For 48 hours beginning on Sunday the 4th of April, the viewing, purchasing, selling, and trading of shares was halted, with all stock prices also frozen during this period. The markets were closed to facilitate the introduction of a series of new regulations upon the Stock Market, regulations many are referring to as Stocks 3.0 - because that's its name.
Upon visiting the new Stock Market page, you will notice there are a number of drastic changes, along with a few things that have remained the same. Here is a summary of what you can expect from Stocks 3.0.
Pictured: Lookin real purdy there ain'tcha?
IMPROVED STOCK BEHAVIOUR
All stock prices will continue from where they were at the moment the Stock Market closed on Sunday. However, this won’t last for long, as stock prices will now change every minute, as opposed to every fifteen minutes under the old system. Torn's Stock prices are tethered to real-world stocks that are in similar industries, but no more information on this link will be provided so as to prevent manipulation or abuse - we saw what happened to Gamestop.
You can expect Torn’s stocks to increase by roughly 10% per year on average, but obviously, there are no guarantees with this. TCSE stocks will behave much as they do in the real world, with some capable of extreme fluctuations, and others remaining steady for long periods of time. Don’t invest what you can’t afford to lose!
INSTANT STOCK SALES
Stock sales and purchases are now unlimited and instant, so you’ll never have to wait to buy or sell a stock ever again. A 0.1% fee will now be applied to all stock sales to help dissuade players from using the stock system as a bank. This fee will not be introduced until the 20th of April, so if you’re intent on unloading your unwanted stock after this update, save yourself some dough and do it quickly!
As a result of these changes, stocks can no longer be traded directly between players, only within the Stock Market system itself. You also cannot buy shares while traveling anymore.
BENEFIT BLOCK STACKING
It is now possible to receive multiple dividends from stocks that provide an active dividend. The share requirement for each benefit block doubles after each increment. For example, if you own 2 million shares in FHG, you will receive one Feathery Hotel Coupon per week. If you would like to get two Feathery Hotel Coupons per week, you will need 4 million additional shares, for a total of 6 million shares. To gain three FHCs, you will need a further 8 million shares on top of this, or 14 million in total. And so on and so forth.
Pictured: If my explanation didn't make sense, the system will explain it for you.
As we said earlier, this does not apply to passive stock benefits, which will now take seven days to become active - previously these benefits were instantly applied upon purchasing the benefit block. Your active stock dividends will pay out precisely every 7 or 31 days, depending on the stock in question.
These dividends can be withdrawn whenever you like, but they will be made available at specific times, rather than at random intervals as they were before. All previously active stock benefits will carry over from the last system.
EDIT: Please note that dividends will not accumulate in your stock account. They must be withdrawn in order to reset the timer that produces your next dividend. e.g. If you get a Box of Grenades every 7 days, and you leave that dividend unclaimed, you will have to wait an additional 7 days from when it is claimed to receive your next one.
DIVIDEND ADJUSTMENTS
Adjustments have been made to many of the dividends on the Torn City Stock Market. One of the most notable changes is the deletion of the TCSE 30 listing. Players who owned shares in this stock will receive cashiers checks for their value, and these checks will not expire until Torn or the universe expires.
Not all active dividends are balanced and provide good value for money. Players will be expected to follow the market to determine the best investments as and when stock prices change. You can view a spreadsheet containing all of the relevant data regarding Stocks 3.0 below, including the values under the old system. This information reflects the values of the stocks at the time Stocks 3.0 was released - ROI and dividend costs will inevitably change quickly.
Stocks 3.0 Spreadsheet
This spreadsheet was created by Chedburn and modified by myself, so if there are any errors, it's almost certainly my dumb ass that made them. Please let me know if you spot anything incorrect on there. And if you are afraid of random links, here is a list of each of the stocks that have had their benefit block share requirements or their dividends changed. Note that new initialisms have been used for many in order to shorten them to three characters.
Torn & Shanghai Banking (TSB)
Old Dividend: $85,000,000
New Dividend: $50,000,000
Old Benefit Block: 4,000,000
New Benefit Block: 3,000,000
Dividend: Active, every 31 days
Legal Authorities Group (LAG)
Old Dividend: 1x Lawyer Business Card
New Dividend: 1x Lawyer Business Card
Old Benefit Block: 1,500,000
New Benefit Block: 750,000
Dividend: Active, every 7 days
Insured On Us (IOU)
Old Dividend: $20,000,000
New Dividend: $12,000,000
Old Benefit Block: 3,000,000
New Benefit Block: 3,000,000
Dividend: Active, every 31 days
Grain (GRN)
Old Dividend: $3,750,000
New Dividend: $4,000,000
Old Benefit Block: 500,000
New Benefit Block: 500,000
Dividend: Active, every 31 days
The Torn City Times (TCT)
Old Dividend: Free Personal Placements
New Dividend: $1,000,000
Old Benefit Block: 125,000
New Benefit Block: 100,000
Dividend: Active, every 31 days
Crude & Co. (CNC)
Old Dividend: Oil Rig Sales Boost
New Dividend: $80,000,000
Old Benefit Block: 5,000,000
New Benefit Block: 7,500,000
Dividend: Active, every 31 days
TC Music Industries (TMI)
Old Dividend: $45,000,000
New Dividend: $25,000,000
Old Benefit Block: 6,000,000
New Benefit Block: 6,000,000
Dividend: Active, every 31 days
I Industries Ltd. (IIL)
Old Dividend: -50% Coding Time
New Dividend: -50% Coding Time
Old Benefit Block: 100,000
New Benefit Block: 1,000,000
Dividend: Passive
Lucky Shots Casino (LSC)
Old Dividend: 1x Lottery Voucher
New Dividend: 1x Lottery Voucher
Old Benefit Block: 100,000
New Benefit Block: 500,000
Dividend: Active, every 7 days
Performance Ribaldry (PRN)
Old Dividend: 1x Erotic DVD
New Dividend: 1x Erotic DVD
Old Benefit Block: 1,500,000
New Benefit Block: 1,000,000
Dividend: Active, every 7 days
Eaglewood Mercenary (EWM)
Old Dividend: 1x Box of Grenades
New Dividend: 1x Box of Grenades
Old Benefit Block: 2,000,000
New Benefit Block: 1,000,000
Dividend: Active, every 7 days
Torn City Motors (TCM)
Old Dividend: -25% Car Part Discount
New Dividend: 10% Racing Skill Gain
Old Benefit Block: 1,000,000
New Benefit Block: 1,000,000
Dividend: Passive
Home Retail Group (HRG)
Old Dividend: 1x Random Property
New Dividend: 1x Random Property (buffed to include PIs)
Old Benefit Block: 1,500,000
New Benefit Block: 10,000,000
Dividend: Active, every 31 days
Evil Duck’s Candy Corp. (EVL)
Old Dividend: +1000 happiness boost
New Dividend: +1000 happiness boost
Old Benefit Block: 1,750,000
New Benefit Block: 100,000
Dividend: Active, every 7 days
McSmoogle Corp (MCS)
Old Dividend: +300 energy boost
New Dividend: +100 energy boost
Old Benefit Block: 1,750,000
New Benefit Block: 350,000
Dividend: Active, every 7 days
Torn City Clothing (TCC)
Old Dividend: $3,500,000
New Dividend: Clothing Cache
Old Benefit Block: 350,000
New Benefit Block: 7,500,000
Dividend: Active, every 31 days
HONOR BARS
Six new Stock Exchange honor bars have also been added to celebrate the release of Stocks 3.0. Here are all six honors and their requirements. Yes, of course we've called one Stonks.
City Slicker - Make a profit of $10,000,000 in a single sale
Tendies - Make a profit of $100,000,000 in a single sale
Diamond Hands - Make a profit of $1,000,000,000 in a single sale
Stonks - Make a loss of $100,000,000 in a single sale
Bullish - Achieve $1,000,000,000 in total profits in the stock market
Bearish - Achieve $1,000,000,000 in total losses in the stock market
API & BUGS
The API selections haven't been updated for today's release, but we're expecting them to be ready and live within a few days. If you spot any problems, please let us know in the Bugs & Issues forum. We'll be addressing them quickly and releasing fixes this week as necessary.
tl;dr: Stonks 3.0 is out. Go and play with it.
Upon visiting the new Stock Market page, you will notice there are a number of drastic changes, along with a few things that have remained the same. Here is a summary of what you can expect from Stocks 3.0.
Pictured: Lookin real purdy there ain'tcha?
IMPROVED STOCK BEHAVIOUR
All stock prices will continue from where they were at the moment the Stock Market closed on Sunday. However, this won’t last for long, as stock prices will now change every minute, as opposed to every fifteen minutes under the old system. Torn's Stock prices are tethered to real-world stocks that are in similar industries, but no more information on this link will be provided so as to prevent manipulation or abuse - we saw what happened to Gamestop.
You can expect Torn’s stocks to increase by roughly 10% per year on average, but obviously, there are no guarantees with this. TCSE stocks will behave much as they do in the real world, with some capable of extreme fluctuations, and others remaining steady for long periods of time. Don’t invest what you can’t afford to lose!
INSTANT STOCK SALES
Stock sales and purchases are now unlimited and instant, so you’ll never have to wait to buy or sell a stock ever again. A 0.1% fee will now be applied to all stock sales to help dissuade players from using the stock system as a bank. This fee will not be introduced until the 20th of April, so if you’re intent on unloading your unwanted stock after this update, save yourself some dough and do it quickly!
As a result of these changes, stocks can no longer be traded directly between players, only within the Stock Market system itself. You also cannot buy shares while traveling anymore.
BENEFIT BLOCK STACKING
It is now possible to receive multiple dividends from stocks that provide an active dividend. The share requirement for each benefit block doubles after each increment. For example, if you own 2 million shares in FHG, you will receive one Feathery Hotel Coupon per week. If you would like to get two Feathery Hotel Coupons per week, you will need 4 million additional shares, for a total of 6 million shares. To gain three FHCs, you will need a further 8 million shares on top of this, or 14 million in total. And so on and so forth.
Pictured: If my explanation didn't make sense, the system will explain it for you.
As we said earlier, this does not apply to passive stock benefits, which will now take seven days to become active - previously these benefits were instantly applied upon purchasing the benefit block. Your active stock dividends will pay out precisely every 7 or 31 days, depending on the stock in question.
These dividends can be withdrawn whenever you like, but they will be made available at specific times, rather than at random intervals as they were before. All previously active stock benefits will carry over from the last system.
EDIT: Please note that dividends will not accumulate in your stock account. They must be withdrawn in order to reset the timer that produces your next dividend. e.g. If you get a Box of Grenades every 7 days, and you leave that dividend unclaimed, you will have to wait an additional 7 days from when it is claimed to receive your next one.
DIVIDEND ADJUSTMENTS
Adjustments have been made to many of the dividends on the Torn City Stock Market. One of the most notable changes is the deletion of the TCSE 30 listing. Players who owned shares in this stock will receive cashiers checks for their value, and these checks will not expire until Torn or the universe expires.
Not all active dividends are balanced and provide good value for money. Players will be expected to follow the market to determine the best investments as and when stock prices change. You can view a spreadsheet containing all of the relevant data regarding Stocks 3.0 below, including the values under the old system. This information reflects the values of the stocks at the time Stocks 3.0 was released - ROI and dividend costs will inevitably change quickly.
Stocks 3.0 Spreadsheet
This spreadsheet was created by Chedburn and modified by myself, so if there are any errors, it's almost certainly my dumb ass that made them. Please let me know if you spot anything incorrect on there. And if you are afraid of random links, here is a list of each of the stocks that have had their benefit block share requirements or their dividends changed. Note that new initialisms have been used for many in order to shorten them to three characters.
Torn & Shanghai Banking (TSB)
Old Dividend: $85,000,000
New Dividend: $50,000,000
Old Benefit Block: 4,000,000
New Benefit Block: 3,000,000
Dividend: Active, every 31 days
Legal Authorities Group (LAG)
Old Dividend: 1x Lawyer Business Card
New Dividend: 1x Lawyer Business Card
Old Benefit Block: 1,500,000
New Benefit Block: 750,000
Dividend: Active, every 7 days
Insured On Us (IOU)
Old Dividend: $20,000,000
New Dividend: $12,000,000
Old Benefit Block: 3,000,000
New Benefit Block: 3,000,000
Dividend: Active, every 31 days
Grain (GRN)
Old Dividend: $3,750,000
New Dividend: $4,000,000
Old Benefit Block: 500,000
New Benefit Block: 500,000
Dividend: Active, every 31 days
The Torn City Times (TCT)
Old Dividend: Free Personal Placements
New Dividend: $1,000,000
Old Benefit Block: 125,000
New Benefit Block: 100,000
Dividend: Active, every 31 days
Crude & Co. (CNC)
Old Dividend: Oil Rig Sales Boost
New Dividend: $80,000,000
Old Benefit Block: 5,000,000
New Benefit Block: 7,500,000
Dividend: Active, every 31 days
TC Music Industries (TMI)
Old Dividend: $45,000,000
New Dividend: $25,000,000
Old Benefit Block: 6,000,000
New Benefit Block: 6,000,000
Dividend: Active, every 31 days
I Industries Ltd. (IIL)
Old Dividend: -50% Coding Time
New Dividend: -50% Coding Time
Old Benefit Block: 100,000
New Benefit Block: 1,000,000
Dividend: Passive
Lucky Shots Casino (LSC)
Old Dividend: 1x Lottery Voucher
New Dividend: 1x Lottery Voucher
Old Benefit Block: 100,000
New Benefit Block: 500,000
Dividend: Active, every 7 days
Performance Ribaldry (PRN)
Old Dividend: 1x Erotic DVD
New Dividend: 1x Erotic DVD
Old Benefit Block: 1,500,000
New Benefit Block: 1,000,000
Dividend: Active, every 7 days
Eaglewood Mercenary (EWM)
Old Dividend: 1x Box of Grenades
New Dividend: 1x Box of Grenades
Old Benefit Block: 2,000,000
New Benefit Block: 1,000,000
Dividend: Active, every 7 days
Torn City Motors (TCM)
Old Dividend: -25% Car Part Discount
New Dividend: 10% Racing Skill Gain
Old Benefit Block: 1,000,000
New Benefit Block: 1,000,000
Dividend: Passive
Home Retail Group (HRG)
Old Dividend: 1x Random Property
New Dividend: 1x Random Property (buffed to include PIs)
Old Benefit Block: 1,500,000
New Benefit Block: 10,000,000
Dividend: Active, every 31 days
Evil Duck’s Candy Corp. (EVL)
Old Dividend: +1000 happiness boost
New Dividend: +1000 happiness boost
Old Benefit Block: 1,750,000
New Benefit Block: 100,000
Dividend: Active, every 7 days
McSmoogle Corp (MCS)
Old Dividend: +300 energy boost
New Dividend: +100 energy boost
Old Benefit Block: 1,750,000
New Benefit Block: 350,000
Dividend: Active, every 7 days
Torn City Clothing (TCC)
Old Dividend: $3,500,000
New Dividend: Clothing Cache
Old Benefit Block: 350,000
New Benefit Block: 7,500,000
Dividend: Active, every 31 days
HONOR BARS
Six new Stock Exchange honor bars have also been added to celebrate the release of Stocks 3.0. Here are all six honors and their requirements. Yes, of course we've called one Stonks.
City Slicker - Make a profit of $10,000,000 in a single sale
Tendies - Make a profit of $100,000,000 in a single sale
Diamond Hands - Make a profit of $1,000,000,000 in a single sale
Stonks - Make a loss of $100,000,000 in a single sale
Bullish - Achieve $1,000,000,000 in total profits in the stock market
Bearish - Achieve $1,000,000,000 in total losses in the stock market
API & BUGS
The API selections haven't been updated for today's release, but we're expecting them to be ready and live within a few days. If you spot any problems, please let us know in the Bugs & Issues forum. We'll be addressing them quickly and releasing fixes this week as necessary.
tl;dr: Stonks 3.0 is out. Go and play with it.
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