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Strategies & Market Trends : CD's 2009 stock picking contest

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From: Canuck Dave4/2/2009 2:33:56 PM
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Still no winner. I am thinking about changing the rules mid-stream. I forgot to put a ten cent minimum on the initial rules. Well, those who picked penny stocks shouldn't be forced to repick now, but...

My initial intent for the contest was to try and identify money making possibilities. The penny stock which is now very close to winning was bouncing around between bid and ask of .01-.015 on December 31st. Since it would have been nearly impossible to actually buy the stock at .01 or make any serious money on it, I am going to limit any initial sub-10 cent winners to one prize.

If it becomes the 5-bagger, the winner may take the prize or opt to wait for a bigger one. Picker may again pass if it becomes the 10-bagger.

CD
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