Here’s a pretty ridiculous website: Alexadex. It’s some kind of game where people buy pretend shares in websites. When their Alexa traffic rating goes up, so does the share price. You start out with $10,000 pretend dollars and try to make pretend money. Sounds kind of like Second Life. How do people come up with this stuff?

Anyhow, this site, Webomatica.com is actually listed at $14 per share. I totally missed the IPO. I think I should sign up and buy all the shares available (21), myself. Because after all, according to the all-knowing, 100% accurate Blog Worth Evaluator, my blog is worth $24,275 (I go with the higher number, of course) meaning each of those Alexa shares ought to be worth $1,733 apiece.

Can I get busted for insider trading on Alexadex, trading pretend money?

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