Final Contest Rules!!
Here are the final 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. 5 equal positions of $20K each 2) All Cap Tech - Any market cap. Long positions only. Must trade on the NASDAQ, AMEX or NYSE. No bulletin board stocks. 5 equal positions of $20K each. 3) All Cap All Sector - Long and short. Must trade on the NASDAQ, AMEX or NYSE. No bulletin board stocks. 5 equal positions of $20K each. 4) Oil Service Stocks - Long only. Must trade on the NASDAQ, AMEX or NYSE. No bulletin board stocks. 5 equal positions of $20K each. 5) E&P Stocks - Longs only. Must trade on the NASDAQ, AMEX or NYSE. No bulletin board stocks. 5 equal positions of $20K each.
An added twist: there will be two dates of my choosing during the contest where contestants may drop one stock from each portfolio and add a new one at the same dollar value of the sold holding.
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. Dividends will not count (sorry ROYL shareholders). All that counts is the beginning and ending share price. Splits and acquisitions will be factored in.
You've all got until next Sunday (April 15th) to submit your entries, so get working. If we ever have that rig party, I'm certain there will be prizes for the winners. Speaking of winners, there will be winners of each contest (5 total), an energy winner (#4 and #5 combined), a tech winner (#1 and #2 combined), and an overall winner.
Warp |