Contest Rules!!
Here are the proposed contest rules for the HTP stock picking contest. Start: 4/16/01 End: 12/31/01 or whatever the last trading day of the year happens to be. There will be 5 categories:
1) Large Cap Tech - over $5B market cap. Long position only
2) All Cap Tech - any market cap. Long positions only. Must trade on the NASDAQ or NYSE. No bulletin board stocks, at least at the time of start of the contest
3) All Cap Tech - Long and short. Must trade on the NASDAQ or NYSE. No bulletin board stocks, at least at the time of start of the contest
4) Oil Service Stocks - Long only. Must trade on the NASDAQ or NYSE. No bulletin board stocks, at least at the time of start of the contest
5) E&P Stocks - Longs only. Must trade on the NASDAQ or NYSE. No bulletin board stocks, at least at the time of start of the contest.
With these categories, I will create various mutual funds and indexes, as well as a HTP model port for each category. Entrants may enter some or all of the contests. There will be an overall winner, an energy winner, and a tech winner. And of course the 5 individual category winners. In each of the 5 contests, entrants shall pick 5 stocks. $100,000 will be split equally among the five stocks.
Dividends will not count (sorry ROYL shareholders). All that counts is the beginning and ending share price, not withstanding splits.
Comments welcome! The "official rules" will be posted tomorrow evening, the above rules were just proposals on my part. After tomorrow, I will be accepting entries.
Warp |
