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Biotech / Medical : 2009 Biotech Charity Contest -- Ignore unavailable to you. Want to Upgrade?


To: BulbaMan who wrote (201)3/6/2009 5:22:54 PM
From: Arthur Radley  Read Replies (2) | Respond to of 418
 
I think the results this week are unique...all portfolios in the red. Looked back at last year's results and on 2/29/08 there were 6 portfolios in the black. One week later..3/07/08 the only portfolio in the black was Robert the Tree Shader Guy.

What is the old saying.."Beware the ides of March!" In this case the first week, so we still have the 15th to look forward.



To: BulbaMan who wrote (201)3/13/2009 6:55:14 PM
From: BulbaMan  Read Replies (1) | Respond to of 418
 
3/13/09 update
Finally, a week of uptick rule! Was it the switch to Daylight Savings Time or did the Bears get spooked by Friday the 13th? Whatever was responsible, the Nasdaq Composite Index, the Nasdaq Biotech Index and the Contest median all significantly cut their yearly losses. At Friday's close the NCI was down -8.91% CYTD, or "Contest Year To Date," (vs. down -17.67% CYTD a week ago), the NBI was down -6.30% CYTD (vs. down -13.86% CYTD a week ago) and the Contest median was down -10.19% CYTD (vs. down -19.48% CYTD a week ago).
Fueled by CVTX, SCARAM's portfolio rocketed into first place, with the portfolios of both GHMM and RKRW staking out the No. 2 and No. 3 slots. The CYTD percentages were: SCARAM up 8.60%, GHMM up 3.08% and RKRW up 2.19%.
At Friday's close, 3 of the 32 Contest portfolios were in the black and 10 of the 32 were beating the NBI.
Have a terrific weekend folks!
Below is the Top Ten list on 3/13/09:

3/13/09
Rank Name Profit/Loss
1 SCARAM 8,598
2 GHMM 3,080
3 RKRW 2,189
4 WILDER -362
5 ASHLEY -779
6 GENE -854
7 CASA -2,298
8 TECHNET -4,065
9 ENZYME -4,106
10 PRAVN -6,147

(All corrections, especially adjustments for splits, greatly appreciated.)