 |
 | |
 |  |
| 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. |
CONTEST PORTFOLIO SUBMISSION DEADLINE: SUNDAY, 1/5/2014, MIDNIGHT, PST! Welcome to the 2014 Biotech Stock Picking Charity Contest. Here are the 2014 Contest Guidelines: 1) Each contestant starts with a virtual $100,000 cash to be allocated to a portfolio of biotech stocks. At the Contest’s end date, Wednesday, December 31, 2014, 4PM EST, the contestant with the year’s best-performing portfolio will select a charity to which other contestants are pledged to donate. 2) Only biotech stocks are eligible to be included in Contest portfolios. Traditionally, we've defined "biotech" very broadly. However, if one or more contestants strongly object to a particular stock being categorized as a biotech, I’ll use my judgement to determine whether that stock is eligible for the Contest. 3) Foreign and penny biotech stocks have traditionally been considered eligible. For foreign stocks, I will generally use prices from the exchange where that stock is most traded, with prices converted to dollars based on the appropriate prevailing exchange rate. If one or more contestants strongly object to a penny or foreign stock pick (e.g., it's substantially illiquid or trades at a super-low price), I’ll use my judgement to determine whether that stock is eligible for the Contest. 4) Each portfolio should include a minimum of Eight stocks and a maximum of 10 stocks. 5) Each portfolio stock’s allocation is limited to a maximum of 20% and a minimum of 5%. 6) I use the Yahoo Finance symbols to download quotes. So if Yahoo uses a suffix in a stock symbol, please include it when posting your picks. To make it easier for me to set up my spreadsheet, here are two examples of the best way to post your picks: ARIA 10% AMF.TO 15% As indicated above, all I need is the symbol (in UPPERCASE) and %age of $100,000 you wish to invest. Please leave about five spaces between the symbol and %age. 7) Contestant portfolios may be posted on this thread or in a Silicon Investor PM to me. Portfolios posted to me by PM will not be made public until the Contest submission deadline has passed. 8) Initial portfolio stock prices for the 2014 Contest will be set at their closing price on Tuesday, December 31, 2013. Stock picks may be rejected if it appears a contestant violated the Biotechie Code of Honor by taking unfair advantage of market-moving news (e.g., news following the 12/31/13 market close but prior to the 1/5/14 submission deadline). Contestants may appeal any such rejection. 9) No trading is allowed during the Contest year, with the initial portfolio being held until the Contest end date: Wednesday, December 31, 2014, 4PM EST. 10) In the case of buyouts for cash the proceeds will be reallocated to the remaining portfolio stocks. The initial portfolio percentage allocations to those stocks will be used to determine the reallocation percentages. 11) A contestant's pledge amount and designated charity may be posted along with the initial portfolio, or at a later date. Pledge amounts should be donated to the charity selected by the Contest winner. 12) Contestants objecting to decisions I make (e.g., rejection of a stock pick) may appeal my decision to the other contestants. In case of such appeal, I will change my decision if the majority of contestants who indicate their opinion on the appeal want me to do so. For prospective new contestants who’d like to browse the 2013 Contest board, here’s the link: Subject 59069 Best wishes for a Healthy & Prosperous 2014 Biotechies! Peace & good health, Bulba | ||||||||||||
|
| Home | Hot | SubjectMarks | PeopleMarks | Keepers | Settings |
| Terms Of Use | Contact Us | Copyright/IP Policy | Privacy Policy | About Us | FAQ | Advertise on SI |
| © 2025 Knight Sac Media. Data provided by Twelve Data, Alpha Vantage, and CityFALCON News |