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Pastimes : SI International Ope' Stock Picking Contest
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To: Harry who wrote (40)8/3/1998 4:58:00 PM
From: Don Pueblo  Read Replies (1) of 2640
 
Why the .10 minimum rule?

I wanted to keep the contest semi-real. 20 grand in a ten cent deal is 200,000 shares. If the float is "small", and 10 people picked it, it might not be real. I also don't particularly like the idea of these microscopic stocks because most firms charge a minimum of 1.5 cents per share on a trade like that, and that might skew the results.

Can you find something for a more than a dime, Harry? How about WFC or BRKa? <gg>
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