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To: pz who wrote (36264)12/27/2001 12:35:37 PM
From: Larry S.  Read Replies (1) | Respond to of 53068
 
contest tips; remember, its the percentage change that counts, not the dollar change. low price stocks, particularly 4ltrs, have the most volatility on a percentage basis. i hear susie will be donating the new truck as the grand prize. larry



To: pz who wrote (36264)12/27/2001 11:26:17 PM
From: pz  Read Replies (6) | Respond to of 53068
 
ZSTOCK CONTEST DEADLINE 12-28-2001
Contest Rules:
1. The contest is open to Silicon Investor members and lurkers.
2. Each participant is to pick two (2) stocks either long or short.

3. The Buy price will be the closing price on 12/28/2001, and the sell price will be the close on 1/31/2002, or anytime during the contest. If you sell, then your gain or loss on this particular stock is locked in for the duration of the contest. Once a stock is sold prior to 1/31/02, that money CANNOT be re-invested.

4. Please include a brief summary, TA, FA, or whatever if possible.

5. The contestant with the greatest percent increase in their 2 picks averaged together will be the winner.

6. Susan S. is in charge of any prizes to be awarded.

7. Please post your stock picks on this thread to PZ, or private message them to me, or email them to pzimm@nts-online.net

8. Good luck to all participants



To: pz who wrote (36264)1/28/2002 6:16:26 PM
From: DanZ  Read Replies (2) | Respond to of 53068
 
Paul,

Regarding snookcity's sale of GX in the contest...

The rules for the contest are in the post that I'm replying to. Rule number 3 says:

"The Buy price will be the closing price on 12/28/2001, and the sell price will be the close on 1/31/2002, or anytime during the contest. If you sell, then your gain or loss on this particular stock is locked in for the duration of the contest. Once a stock is sold prior to 1/31/02, that money CANNOT be re-invested."

This doesn't say that the stock has to be open for trading when you sell it; however, a few weeks ago we discussed the price to use if someone sells a stock in the contest. Some people suggested that we use the closing price for the day and others thought the price should be where it was trading when the contestant posted during the trading day. I thought that we decided to use the price it was trading at when the contestant posted. If true, then I don't think snookcity can "sell" GX yet because the stock was halted all day. It did trade a few shares this evening on the third market at 30 cents. I don't want anyone to think that I'm taking this too seriously, but then again, to be fair to everyone there has to be some structure to the rules. My suggestion is to either use 30 cents as the cover price or wait until it reopens for trading. The stock could not have been traded at 51 cents on Sunday evening.

Comments anyone?

Thanks,

Dan