SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: marcos who wrote (5715)12/29/2001 2:02:52 AM
From: Al Collard   of 11802
 
"and what if it prints .99, then i get stopped out into cash?"

Marcos,

I would of liked to have included all stocks in the 2002 Challenge but too many would have picked $.02 stocks making it an unfair advantage to the other picks. In a downturn so many of the puppy stocks would get cut in half thus putting the entrants out of the game. I chose the $1.00 limit as you have to put limit somewhere and it was a nice round figure to trigger stops.

Yes any stock that printed under $1.00 would have the entrant stopped out @$1.00, the entrant could get back into the market on the last day of the month.

Some resource stocks other than K-t trading over a buck: BAY-t, FGX-v, GLG-t, IMN-t, MFL-t, NRI-t, S-t, SUF-t to name a few.

Regards,
Al
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext