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Pastimes : Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?


To: Skip Miller who wrote (1607)2/2/2001 11:35:50 PM
From: KZAP  Read Replies (3) | Respond to of 2402
 
That just won't work! Because, if a stock is trading at
$1, and moves up 100% to $2 that's a $100 gain. If you have
a $10 stock and it moves up 100% that's a $1,000 gain. (based
on 100 shares as the contest calls for)

The winner should be based on the average % gain total for
all 5 of the challengers entries.

Stock XX + 10%
Stock XY + 10%
Stock YY + 30%
Stock YZ + 45%
Stock ZZ + 55%
Average gain: +30%
Dollar gain of your portfolio will not be reasonably fair.

Happy Investing!

KZAP