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Loudonville students earn top spots in The Stock Market Game

| May 14, 2015
Loudonville Principal Flynn and sixth grade teacher Mr. Springstead with students Connor Ruberti, Matthew Calicchia, and Ariel Siegfeld, the winter 2014-15 Stock Market Game winners.

Loudonville Principal Flynn and sixth grade teacher Mr. Springstead with students Connor Ruberti, Matthew Calicchia, and Ariel Siegfeld, the winter 2014-15 Stock Market Game winners.

For the second time this year, Loudonville Elementary students have earned top spots in The Stock Market Game. For 12 weeks, sixth grade students bought and sold stocks everyday with a mock $100,000. The students then competed against 51 other Capital Region middle school teams. Ariel Siegfeld from Sarah Kalinkewicz’s class landed in first place, and Matthew Calicchia and Connor Ruberti from Michael Springstead’s class earned second place.

On the second to last day of the competition, Matthew and Connor’s Netflix stock was losing $6,000. Overnight, it made $16,000, netting the team $10,000, allowing them to secure a top spot.

Springstead said he offers a little bit of guidance throughout the process and encourages parent input, but ultimately lets the students have fun and learn.

“I introduce them to it, give them a little taste, and then let them do it,” he said. “They’re into it and it’s a real life thing. They’re learning, but they don’t know they’re learning.”

This is Springstead’s 17th year of bringing The Stock Market Game into his classroom, a game which was developed on the principle of “virtual investing, real-world learning.”

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