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Gold/Mining/Energy : $0.50 and Under *** SI Stock Contest*** (DECEMBER,98) -- Ignore unavailable to you. Want to Upgrade?

To: Buckey who wrote (117)	1/1/1999 11:44:00 AM
From: Buckey	Read Replies (2) \| Respond to of 137

Before I start the thread - How does this look The 1999 SI Canadian Stock Market Contest This is the old $.50 and under contest with a few changes. The key Changes are as follows: - You actually have play money to spend - No upper limit on the price of the stock ( Fairfax Financial if you please) - You can actually make trades ( 1 sell and 1 buy per month) - Very thinly traded stocks will not qualify (100,000 shares in December) - Minimum of 2 stocks and maximum of 3 - You can pick the same stocks as another competitor as long as no-one has an absolutely identical pick to another competitor - The Rules: 1. - You must be an SI member 2. - Picks can be entered up until open on Monday a.m. January 11th 3. - Minimum of $1,000 in a stock and a max of $4,000 4. - Your initial purchase will be commission free but after that $30 per buy and sell order How to play: You have $5,000 Cdn to spend on three stocks that trade over $0.02 on a Cdn Exchange. 1. Enter your picks by Posting them on SI in this format XXX $1,500 .95 XYZ $2,500 .55 AAA $1,000 .28 I will calculate the number of shares. Use $500 increments 2. The price must be the close price of the last trading day. I cannot try and track intraday price points so this is the best alternative. This will also hold true for the trades 3. You have until January 11th to post your picks but they all must be posted at once. You cannot spend $1,000 on the 5th and then use up the rest of you money the next day – Too much administrative work. Trading 1. Between the close of the market one day and the open the next simply post what stock you would like to sell. It will be at the closing price of the day before. 2. In the same post you must post what stock you want to buy. 3. $30 commission will be charged for each buy and each sell after the initial picks. The initial picks are commission free 4. If you elect to keep the cash in your play account it will remain as cash until the end of the contest. 5. You must always have a minimum of two stocks and a maximum of 2 6. Starting November 1st you have the option of reducing your stocks to cash and may get completely out if you choose