 |
 | |
 |  |
| 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 SUBMISSION DEADLINE EXTENDED TO SUNDAY, 1/9/10, MIDNIGHT! Welcome to the 2011 Biotech Charity Contest. Here are the guidelines as I understand them: 1) Each contestant starts with a virtual $100,000 cash to be allocated to a portfolio of Biotech Stocks. 2) Only Biotech Stocks are eligible to be included in the portfolios. (If other contestants strongly object to a particular company being categorized as a biotech, the company will not be considered eligible.) 3) A minimum of Eight stocks should be in each portfolio. (To make my scorekeeping easier, I'd also appreciate setting a maximum of 12 stocks per portfolio.) 4) A maximum allocation of 20% is allowed to any stock. (To make my scorekeeping easier, I'd also appreciate setting a minimum allocation of 5% to any stock in the portfolio.) 5) All contestant portfolios should be posted by midnight (PST), Sunday, January 2, 2011. But the earlier, the better. 6) No trading is allowed during the contest period, with the initial portfolio to be held until the contest end date. For the 2011 contest, I suggest we use the closing prices on Friday, December 31, 2010 for the initial portfolio allocations. And I suggest we use Friday, December 30, 2011 as the contest end date. 7) 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. 8) Foreign and penny biotech stocks have traditionally been considered eligible. (I suggest we continue this policy. However, if other contestants strongly object to a particular stock being eligible because it's substantial illiquid or at a super-low price, that stock will not be considered eligible.) 9) A contestant's pledge amount and designated charity may be posted along with the initial portfolio, or at a later date. Pledge amounts shall be donated to the charity selected by the contest winner. Please post any questions, additions, comments, suggestions, objections, etc. to the above guidelines. Finally, I use the Yahoo Finance symbols to download quotes. So if Yahoo uses a suffix in your stock symbol, include it as well when posting your picks. And to make it easier for me to set up my spreadsheet here are two examples of the best way to post your picks: ALNY 10% TKM.TO 15% As indicated, all I need is the symbol (in Uppercase) and % of $100,000 you wish to invest. Please leave about five spaces between the symbol and %age. There's no need to post the 12/31/10 closing price as I'll pick it up myself. Best wishes for a Healthy & Prosperous 2011 Biotechies! 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 |