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Pastimes : SI International Ope' Stock Picking Contest -- Ignore unavailable to you. Want to Upgrade?


To: Phil(bullrider) who wrote (1462)9/24/1998 12:03:00 AM
From: Bald Man from Mars  Read Replies (1) | Respond to of 2640
 
you get that right ...

bullrider, I always admire your courage of staying
on top of that frigging angry bull for that 8 seconds ...



To: Phil(bullrider) who wrote (1462)9/24/1998 2:22:00 AM
From: Jaime H. Ayalde  Respond to of 2640
 
No question here, the answer is simple - To Babe ! And only to babe is why we exist.
(My apologies to the Babes on this thread)

Hey my hat is off to you Bald Man you wooped me good last contest. Do not bet against wisdom !

Gumpy,

Situation simplified.

1. Only US traded securities and no derivatives.

2. Pick any stock you like any price but limit stock amount to 5000 shares. So its up to the trader.

3. Shorting - Minimum price you will allow is 5$ so if you short at 3$ you automatically get calculated with a $2 loss. If you short at $7 maximum profit is $2.

4. Use published closing prices.
(Very important for you to adopt this one) Since the only realistic price would be Buying 30 minutes into the opening and settling 30 minutes before the close. Thinly traded stocks will gather a huge unrealistic bid/offer as soon as 4:01 hits the clock. Signal to players the market is closed. You will see the bid/offer outside the next days range. So even if you are trying to be realistic with this game, how real are the$$$$. Use the published numbers as all players will have access to this information. The Bid/Offer is only for Professionals. Ones like yourself.

Just my thoughts,

I will be happy with a green number this round.

The game pitch is tweeked up a notch.