Bound To Stay Bound

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 Short seller
 Author: Weissman, Elissa Brent

 Publisher:  Atheneum Books for Young Readers (2013)

 Classification: Fiction
 Physical Description: 251 p.,  21 cm.

 BTSB No: 931582 ISBN: 9781442452558
 Ages: 8-12 Grades: 3-7

 Subjects:
 Stocks -- Fiction
 Electronic trading of securities -- Fiction
 Best friends -- Fiction
 Friendship -- Fiction
 Mononucleosis -- Fiction

Price: $6.50

Summary:
While seventh-grader Lindy Sachs is recovering from mononucleosis, her father gives her access to his etrading account as a way to pass the time and she discovers that she has a knack for buying and selling stocks.

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Accelerated Reader Information:
   Interest Level: MG
   Reading Level: 5.00
   Points: 7.0   Quiz: 159028
Reading Counts Information:
   Interest Level: 6-8
   Reading Level: 4.50
   Points: 11.0   Quiz: 59601

Reviews:
   Kirkus Reviews (04/01/13)
   School Library Journal (07/01/13)
 The Bulletin of the Center for Children's Books (06/13)

Full Text Reviews:

Bulletin for the Center... - 06/01/2013 Lindy is forced to stay home from school for weeks due to a bout of mononucleosis, so her father comes up with a unique way for her to pass the time: she can have $100 to invest in the stock market however she chooses, using her father’s online trading account. When she’s able to return to school, Lindy is still obsessed with being a twelve-year-old broker, much to the annoyance of her friends Howe and Steph, who have grown significantly closer during her absence. After her continued itch for the market leads her to invest her parents’ capital in what turns out to be a $25,000 loss, she’s desperate to make the money back and turns to her sister, who has a tip on a failed blow-dryer prototype. Lindy is able to short sell the blow-dryer company’s stock in order to recoup her losses, but she attracts the attention of the Securities Exchange Commission in the process, becoming the youngest person to be tried by the SEC. The plot is conscious of the absurdity of the trial, but this is a highly original story effectively told, and it’s surprisingly full of useful information on the ins and outs of trading. Lindy’s troubles with her friends, as she processes her jealousy at their relationship, provide a touching counterpoint to the high-stakes escapades of her trading world with a credible exploration of the vagaries of middle school relationships. A readable and interesting thought experiment for young tycoons, this would provide a unique opportunity to pair literature with a classroom study of the stock market. TA - Copyright 2013 The Board of Trustees of the University of Illinois.

School Library Journal - 07/01/2013 Gr 5–7—When seventh-grader Lindy Sachs comes down with mononucleosis, she feels as if she has contracted The Plague. She is trapped in her house for two weeks: no school, no friends, no fun. This all changes when her father gives her the password to his online trading account and $100 to invest at her own discretion. Lindy starts out investing five or ten dollars in her favorite companies, but after a few small successes and some research into online trading, she realizes the potential that investing can hold, especially when you have unfettered access to your parents' life savings. When a bad investment results in a $25,000 loss, Lindy has to scramble to make back the money, and navigate the resulting consequences of lawyers, the SEC, and possible jail time for her father. Weissman is successful in crafting a story that includes a young person's view of the crackdown on insider trading. The premise is a bit far-fetched, but the realistic friend and family interactions make up for this overreach in the plot.—Colleen S. Banick, Westport Public Schools, CT - Copyright 2013 Publishers Weekly, Library Journal and/or School Library Journal used with permission.

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