PA? Pennsylvania??? good?? cuz sales tax is low?? :smile_41:

Just a simple scenario

There is a drug company
It has announced a new drug, not yet tested by FDA ( a department in US to test the drug for any problems )

You are going to buy the shares of the company but you don't know any result of that drug

Now, there are 20 students, only 2 students will know the insider news (random 2 students )
They start bidding on the shares

Interestingly, sooner or later, the rest 18 people know the insiders news but of course, advantage was taken by the 2 already

Some background info needed. The current stock is at 4. With the drug is tested alright, people can expect the stock price can go to 8. Of course, if drug fails, price remain unchanged


For risk averse, need to ask FF
I have not much idea on this

[ 本帖最後由 chefung 於 2009-7-14 02:05 PM 編輯 ]

Oh, you don't know PA after staying here so low?
It's Portand Avenue

hehe.... i've seen ur shadows over at that forum now

meh.... i think engineering (esp. in the field i studied) is a pretty mature field, it's jus difficult make further astonishing innovation.

well. i could agree with you tho. physicists are as hella smart people...... and doctors are hella hard working people with amazing memories

don't we all..........

go to Lo Wu shopping centre and practise first hand....

:smile_44::smile_44:
What a big CD ROM next door :smile_42:

OHH. right. i guess my mind isn't completely tainted by you guys yet.

I want to take this kinds of interesting course too.

who? you or i? i speak up every now and then there