If you are on Empire Avenue you might wonder why people sell your stocks. Other than the obvious sell-off that happens a few days after a newbie joins there are other reasons why I will dump someone’s stock.
Missed a Day If an influencer misses a day of activity (that is if for one day or more they generate no nightly dividends for me) I sell. The exception to this is if I have previously exchanged messages or otherwise know the person. Then I am a bit more patient and will suffer a day or two of losses. I also generally cut people slack on the weekend.
Offensive If someone’s political believes run to the offensive (i.e., consisting mostly of ranting and non constructive issue discussion) I’ll sell them. There’s enough of that in the world and I don’t need to hear more of it. Anyone can be a clever smart-ass. I like investing in people who are trying to be constructive.
I am a lot more patient now than when I first started the Empire Avenue beta. I don’t generally sell people because they are a poor performer unless I really need to free up cash (and I do that much less often, I earn enough in dividends now that I can usually just wait a couple nights and earn what I need).
Check out Empire Building for more on this.
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