Make A Bajillion Dollars on the AlexaDex January 9, 2007
Posted by Andrew Wee in : Internet Marketing , trackbackSome fun facts about the AlexaDex:
- You can make huge money, if you’re skillful, especially if you’ve traded in equities, mutual funds and the like.
- Luck plays a huge part too.
- It can be quite fun
- If you think this is a complete waste of time, just remember that it started out at PlanetAndrea.
One last minor note: It’s all fake money. But who knows, just like the “Game gold” phenomenon on the MMPOGs out there, you might start seeing eBay auctions if this thing takes off.
As everyone knows, Internet Marketers (whether you’re focused on SEO, SEM, blogging, arbitrage affiliate marketing, product creation, domain trading, or one of the things some of you have emailed me about and asked not to mention) tend to spend on average 16 hours a day in front of the computer. (Unless you’re Cameron Olthius and only spending 14 hours a day in front of the computer: Personal Resolutions for 2007)
So to break the monotony of Internet Marketers engaging in another game of minesweeper, solitaire, tetris or tagman, there’s a new game in town. Here’s the brief:
- Alexadex is a stock market-like trading game.
- You start off with $10,000 and have to work your way up. (fake money).
- Money is made, and lost, by trading shares in websites.
- The value of the shares changes once a day, during updates, and there is a maximum amount of shares for one site, so you might not be able to buy the site you are looking for every time.
The rest of the rules aren’t too exciting. But despite it’s noble intentions, I think this is a thinly disguised way for SEMs to bet on Alexa rankings (’investment’ learning ambitions aside).
So like any astute gambler investor, I immediately invested all my funds and I’m now officially illiquid.
Here’s where I put my funds:
Chris-Hooley.com: I put my money on Chris at $35 a share and bought about $4,500 because he’s a swell guy. And also because his shares are fairly inexpensive. And given his past history, I’d say the prices have a good chance of tripling in value.
I invested the balance of funds into myself. Although at $95 a share I’m fairly pricey, I think it’s a good investment because as the blog owner, I’d easily be able to hack the system unlock shareholder value.
Left with about $40, I decided to be a nosey parker and snoop around.
Shawn Collins’ Affiliate Summit.com will see more traffic as January 20 approaches. That’ll be when Affiliate Summit West in Las Vegas will kick off. And as the time approaches, expect to see more traffic at the site. And if you haven’t got your ASW ticket yet, head over to the Affiliate Summit website.
At $135 a share, it seems pricey, though there’s a definite possibility of upside.
PlanetAndrea has a monster of a spike in her traffic. If I could short the stock I would because although there is a possibility of her price increasing, the odds are for a correction downwards. At $85 a share, they’re a little pricey too.
Pronet Advertising: Neil and Cameron’s site seems to have a drop in traffic, but there’s a definite series of peaks and troughs. At $130 a share, there’s lots of upside potential and worth an investment, especially since they look like they’re in a trough at the moment.
PepperJamBlog: Another nice find here. At $27 a share, Kris Jones is your “go to” guy if you’d like to see a 5-fold return on your investment. The peaks comes with some regularity (about twice a month), so you can sit back and wait for them to come along.
Yahoo: For fun, I checked out the top ranked Alexa site which happens to be Yahoo. At $272,500 per share, I won’t be buying any soon. Maybe one day…
—
If you’d like to join in the fun, head to: AlexaDex
Popularity: 21%
Text Blog feed
only 14 hours…
Cameron,
I totally sympathize with the need to work out, be more active in hockey and up public speaking skills.
It’s something that probably 99% of those in the online world would benefit from (with exceptions like Guy Kawasaki and Seth Godin)
Wah, your shares are pricey dude
I acted like a true business man and bought as many shares as I could … of my own websites
… Muhuhahahaha, I’m gonna make millions like Buffet.
Oooh, I bought tofu’s also … his rank will rise in the medium term … still got lots of cash left though …