BlogShares Help System

System Time: 18:07 23 Jul 2008 - 5 Players Online


Artefact PRD

Public Relations Disaster, or PRD is a type of Artefact usage.

This move enables the player to destroy the share price of a blog (stock) in the artefact's industry. The market price will drop by 20-50%. Repeated usage on the same blog within 24 hours will have less effect.

Net Effects

For shareholders in the blog, they will see a loss in the value of the stock shares they are holding (including the blog owner's shares), decreasing their Net Worth. Blog owners have options to retaliate against a player doing this to their blog stock (as above). PR Disasters often precede HTO's, but may also be useful to decrease an overly inflated price or P/E ratio of a blog stock, enabling Public Market trading to take place by lowering the P/E below 750... so it's not always a bad thing to have happen; it depends how it's used.

Retrieved from "http://blogshares.com/wikihelp/Artefact_PRD"

This page has been accessed 144 times. This page was last modified 21:34, 29 January 2008 by J.T. Sage.


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