Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : 2012 Biotech Charity Contest -- Ignore unavailable to you. Want to Upgrade?

To: BulbaMan who wrote (451)	1/3/2013 1:58:34 PM
From: scaram(o)uche	Read Replies (1) \| Respond to of 513

You started, day one, with the market-moving news where that judgement of yours was supposed to kick into gear. No? What sort of contest is it, when your judgement need be a factor in the rules? What sort of contest is it where, day one, your judgement is called for and we get this total disregard for the 12/31 blindside? Regarding participation....... comments all over the thread of "I'm sorry I'm late" on the frigging 31st weren't going to encourage newbies re. participation (!!!!), and newbies won't take advantage of the grace period if biotechs continue to ramp up for the next two weeks. You got only two pieces of commentary, one (Tom's) relating to "gaming" while the other (Steve's) was clearly negative ("against"). There is featured, negative commentary to be found at IH. You got no positive feedback. And I arrived to find these bofo rules shoved at me with a "hi, you're late" note attached. To directly answer your question, markets will move in the absence of "market moving news". If the first two weeks of January turn out to be a bummer, then you've introduced an element of market timing into a stock picking contest. Gaming, where participants have the option of withdrawing a portfolio submitted to you in private or of simply never submitting one. Or you could have just asked Tom about why he might might be tempted to time his entry. Since you didn't, I'll answer your question, directly, for a second time....... >> Given the JPM conference, the “Fiscal Cliff” and the “January Effect,” it’ll be interesting to see who has the advantage, early or late entries << Message 28627039

To: BulbaMan who wrote (451)	1/3/2013 2:03:57 PM
From: rkrw	Respond to of 513

Bear in mind I am not particularly impacted by all of this. Probably helps since the market jumped so much on 1/2. But it does kind of remind me of the Medicine Company legal battle over their patent attorneys filing for an extension one day late. The court did rule in MDCO's favor even though technically they were in fact a day late. I think their attorney's had submitted Friday after the close of business, but before Monday. Something like that. :)