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Strategies & Market Trends : APMP (formerly APM)
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To: Greg R who wrote (9584)1/3/1998 12:41:00 PM
From: WTMHouston  Read Replies (8) of 13456
 
Greg: all picks must be at least $5 at the time that the initial transaction for the pick would take place, i.e., at the respective open or close. It is okay for it to thereafter go below $5 as long as the initial position is at least $5.

As far as foreign stocks, we don't have a specific rule. My preference in this regard is for it to be a stock traded on a US exchange simply because of the extra effort required to obtain open and close info on foreign stocks.

In fact, unless the group strongly objects, I will add rule #12 to the list.

12. The stock (or ADR) must be traded on a US exchange.

Rules Link....

Message 2659520

Troy

1. Competition runs every week from Monday to Friday first pricing is
done on Monday at the opening.
2. Each participant can pick only one stock each week.
3. Stock buy or sell can be made on any day of the week.
4. Stocks can be shorted. No derivatives.
5. Trades after hours get priced at the open next day.
6. Trades during the trading hours get priced at the end of the day.
7. No picks valued below $5.00 is eligible.
8. If a stock is picked already, other participants CAN choose it
ONLY the next trading opportunity (not at the same time with the
original picker).
9. Winner is the highest % gainer that week.
10. In case of a tie, highest day gainer would get the first place.
11. As a courtesy, list reasons for your pick. (Not mandatory).
12. The stock (or ADR) must be traded on a US exchange.
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