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Want to Buy Facebook? 20 Bucks And It's Yours
By Adrianne Jeffries / September 15, 2010 4:55 PM / 7 Comments
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A Swedish couple has built a platform for virtually trading 21 of the hottest companies on the Web, including Google, Twitter, Foursquare, Amazon and and Groupon.
Gigapie launched today, with Facebook priced at 200 credits, or $20. Flickr is 100 credits. AOL is 110 credits. Prices are based on demand for the company and the amount of traffic it gets. You can cash out via PayPal once you earn 500 credits.
The site combines elements of stock trading, predictions-based trading and fantasy football. It could be an interesting and useful site if it had been executed differently, but I don't see it catching on in its current incarnation.
The way it works is simple. You're trading whole companies, not shares, and owners have to sell to anyone who wants to buy. The price goes up 10% every time someone buys a company. That means the value goes up a dollar with every transaction, threatening to drive prices up too high, too quickly.
What else can I help you with?
List of companies listed in NASDAQ?
How many companies are listed in NASDAQ?
How many companies are listed on nasdaq?
Approximately 3,200 companies.
How many Israeli companies are on the NASDAQ?
There are 121 Israeli companies are listed on the NASDAQ as of October 2009. Israel has more companies listed on NASDAQ than any country outside North America.
Where is HP listed in a stock exchange?
NASDAQ
How many stocks trade on the nasdaq?
There are exactly 100 stocks. Among them you can find: teva, ebay, chkp, msft, goog, aapl, amzn As of Jan 08, there are approximately 3,200 companies listed on the NASDAQ. The NASDAQ-100 is an Index that includes 100 of the largest domestic and international non-financial securities listed on The Nasdaq Stock Market based on market capitalization. The NASDAQ Composite Index(IXIC) tracks down the performance of all the stocks that trade on the NASDAQ. There are over 3200 companies listed on the NASDAQ- mainly technology companies. So the index is indicative of how investors feel these tech companies are performing/going to perform.
Which was the first indian company which was listed in nasdaq?
infosys
Which is the first Indian IT company to be listed in nasdaq?
Infosys
Is Volkswagen stock listed on Nasdaq or NYSE?
NYSE
Which was the first company to get listed on NASDAQ?
Wall Mart
What is NASDAQ ise?
NASDAQ is an electronic stock exchange. It was the first electronic exchange when it opened on February 8, 1971, and has about 3,200 companies listed. You can trade online with NASDAQ. The NASDAQ website is: <http://www.nasdaq.com/>
How many stocks traded on NASDAQ?
The NASDAQ has roughly 3,300 companies that are listed for trading. Each day over one billion trades take place on the NASDAQ.
What is the purpose of the NASDAQ Composite?
The NASDAQ Composite is a stock market index of the common stocks and similar securities listed on the NASDAQ stock market, meaning that it has over 3000 components.
