Issueing stock late in the game
Larry
that didn't seem logical. so i am just seeing if we are being blinded
by group think.
The first game someone decided to isssue some stock to buy a train. It
didn't look like it hurt him that much. So in the second game we also
had 3 players. The Kansas Pacific ran last , took credits and bought
the 1st 6 train. The companies who needed trains then issued some
stock to pay for thier 6 trains, but looking around it was obvious the
4D's were coming out, so the people with 4 train owners then all
issued stock. then the companies with 5 and 6 trains looked around and
thought" just issueing a few shares gets me a 2nd train". so in the
end we had all the companies formed. 2 total shares in company
treasures and countless shares in the pool.
so what would be the reason not to issue stock, under the assumption
that issueing stock will not cause you to lose control
also it seems like it was not a smart move for the Kpac to actually
take credits if it could just issue stock the next phase. even if it
lost its train and didnt get to run its train next phase. The owner
would have gotten more cash for the upcoming stock phase and had no
effect on the final stock value.
note we did screw up and had 1 less 5 trains then we should have and
our group likes to start companies and buy trains and lay tiles, it is
how we have fun even when it is not optimal strategy.
larry
David G.D. Hecht
you would issue it to buy trains. Ofcourse, when you issue it in the OR, it
costs you position on the stock market: if you do it in the M&A round it
doesn't. And of course every share you issue for full value to the Pool is
one more share that you can't use to acquire your granger roads.
But it is certainly a legitimate tradeoff.
As fare as whether the LP owner did the right thing...timing is everything:
it matters less whether he lost out in the short term than whether that loss
is offset by killing off other players' 3-trains an OR earlier.