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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: Marie Drissel who wrote (106)5/6/1998 7:07:00 AM
From: TATRADER  Read Replies (2) of 59879
 
Marie, it all depends of the guidelines of the contest...
This is a Microsoft,NBC, contest...You can't buy stocks under 2.00...
Anyone can build a portfolio quite quickly with stocks under 2.00...It is very easy to pump and dump real penny stocks....

But do the pros who run mutual funds, the money managers of large portfolios, do they put stocks under 2.00 into their portfolios....
Most do not....I think this contest is more real to life...However, the amounts of money I put into certain stocks, if it was real life, would move the stock and I wouldn't get such a good price, nor would I be able to exit as quickly...That is the downfall of any contest...

Here is the site: Check out nightly results...
I was in 4th place as of yesterday out of 800 traders...
stockplay.msnbc.com

Regards, Mark
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