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Pastimes : Stock-Picking Challenge

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To: Scott Lux who started this subject2/10/2001 3:38:56 PM
From: Jeff Jordan   of 2402
 
I think it's funny....must be too many democrats here? The rules are clearly laid out before the contest started.

It was obvious to me that it would be difficult to win this contest by a percentage basis with five stock selections....

That was the challenge. No way would someone be able to win picking stocks like JDSU that had 60% type gains in January....I was amazed at the stock selections people made.

the only way to win was to gamble on some penny stocks....but that's where the challenge was....not easy in the slightest. As many are now aware it only takes one loser to kill a percentage gain. But that's the rub....live and die by the sword.... I for one look forward to seeing the winning selection. this contest will be judged on the last day....and will turn that quickly for the winner.

....here was a very well run contest:
geocities.com

but again.....the cheap stocks carried the day. It would be the same if you were given 10K or 50K to start....smaller stocks more risk bigger gain...
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