Amazon Web Services Blog: SMarkets - Buy Stock in Amazon Products

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SMarkets - Buy Stock in Amazon Products

This is cool, and a little bit different! Smarkets.net allows registered users to buy, sell, and sell short imaginary shares of Amazon products. The share price is based on the product's current sales rank. As the product's rank climbs closer to the top (#1), the price also rises. It is possible to bet on a drop in sales rank by selling the product short. Each registered user starts out with a balance of $10,000. Registration is free, and this looks like it will be a lot of fun!

-- Jeff;

January 03, 2006 in Cool Sites | Permalink

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» SMarkets - Great minds think alike from Next Generation Shopping
Today I read a post on the AWS Blog by Jeff Barr that was particularly of interest to me. An idea that I actually had early in 2005… Using the sales rank of Amazon products as a type of “stock market”, where users could trade stock... [Read More]

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