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Gold/Mining/Energy : The Great Canadian Stock Contest (Q3)
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To: Joe Bilich who wrote (345)9/6/1997 10:00:00 PM
From: Bohdan   of 496
 
Joe,

What if--you HAD to liquidate the stock to meet a margin call? You would not be able to. in the real world you would be given no credit for such a position--should not be different here.

Although what you say is true, it doesn't need to have any bearing on this contest. The contest is not real life and like all contests, rules are required. They do not have to reflect real life. They can be anything. After all, who buys a stock on the 1st of a quarter and sells on the last day of a quarter ? Who says that real life doesn't include NASDAQ and NYSE ? The list of what if's is limited only by our imagination. Let's keep it simple. I think, and you can correct me, this is a contest where we are all trying to find 5 stocks that we feel will have appreciated the most at the end. A halted stock at that time is purely bad luck and cannot be included as a measure of our stock picking skills.

Later.
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