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


To: KZAP who wrote (1621)2/2/2001 11:39:15 PM
From: Tim McCormick  Read Replies (1) | Respond to of 2402
 
Sounds like you voted for Gore. Tim



To: KZAP who wrote (1621)2/2/2001 11:54:34 PM
From: Gofer  Read Replies (1) | Respond to of 2402
 
Agreed, I'm sure that that's what Scott had in mind. He just didn't state it clearly. Otherwise you could pick a $100 stock and 4 penny stocks and the 4 penny stocks wouldn't matter.

Add up the percents of each and divide by 5. For example i have gains of -0.7%, +3.6%, +2.8%, +7.3%, 0.0% for an average gain of 13.0 / 5 = 2.6%. No other method makes sense.

I'm sure Scott has written a program to automatically calculate the results from the posted portfolios. That's probably why they had to be named after our handles.



To: KZAP who wrote (1621)2/3/2001 11:10:55 AM
From: Skip Miller  Read Replies (1) | Respond to of 2402
 
I am not sure I agree. Using your method you could have one stock say $1000 per share down 1% and 4 penny stocks up 500% so you could loose money and win the contest. I don't believe anyone thinks the contest is about losing money. Just my opinion.............

Take care.........and good luck........... Skip